Mississippi Auto Insurance with Bad Credit

The Zebra
March 12, 2019

It can be tough to find affordable auto insurance if you have bad credit. Car insurers use credit tier as a major rating factor, setting premiums based partially on clients' credit histories. Since auto insurance companies use historical data that show those with bad credit have a greater likelihood of filing auto insurance claims, they account for for that added risk by assigning expensive rates.

How much you pay for car insurance with bad credit depends on which company you choose, where you live, and other rating factors. See below average insurance premiums for drivers with bad credit in major Mississippi cities and rates from a few of the most popular car insurance companies, , along with tips to save on auto insurance with bad credit in Mississippi.


Auto insurance with bad credit in Mississippi:

  1. Average premiums
  2. Rates by city
  3. Rates by carrier

Auto insurance rates with bad credit in Mississippi

Mississippi drivers face a penalty of $1,278 per year for having a credit score in the “worst” tier. Drivers in the "poor" or "below fair to poor" credit tiers will also pay above-average rates for a car insurance policy.


MISSISSIPPI AUTO INSURANCE RATES WITH BAD CREDIT

Credit TierAverage Annual Rate in Mississippi
Worst$3,078
Poor$2,801
Below Fair to Poor$2,576
Average — All Credit Tiers$1,800

Find an affordable policy today!


Car insurance rates with bad credit in Mississippi cities

Car insurance prices can also fluctuate based on the specific area in which you live. Insurance companies use your ZIP code to better understand whether you're likely to file a claim: the denser your area,, the more expensive rates you’ll pay.

See below major Mississippi cities and their average auto insurance costs for drivers with low credit scores.


BAD CREDIT CAR INSURANCE RATES IN MISSISSIPPI CITIES

CityAverage Annual Rate — Worst CreditAverage Annual Rate — Poor CreditAverage Annual Rate — Below Fair to Poor Credit
Jackson$3,245$2,957$2,722
Gulfport$3,225$2,937$2,703
Southaven$3,072$2,801$2,581
Hattiesburg$3,011$2,742$2,522
Biloxi$3,191$2,906$2,675

Paying too much? Shop for a new policy now!


Best car insurance companies for bad credit in Mississippi

Another contributing factor to how much you pay for car insurance is the company you choose. Every car insurance company rates policies differently, giving rating factors varying weights in their pricing calculations. Credit can be a major differentiator in price between otherwise-similar car insurance companies. In Mississippi, the cheapest insurance company for a driver with bad credit is Nationwide, which offers a price break of $61 per annum in comparison to the second-cheapest company, USAA.

See prices from leading car insurance companies in Mississippi for drivers with bad credit.


MISSISSIPPI CAR INSURANCE PREMIUMS WITH BAD CREDIT — BY COMPANY

CompanyAverage Annual Rate — Worst Credit
Nationwide$1,613
USAA$1,675
ALFA$1,815
Allstate$2,421
Mississippi Farm Bureau Insurance$2,485

If you're dealing with the difficulty of getting auto insurance with a bad credit history, keep these tips in mind:

  1. See auto insurance quotes
  2. Know when — and when not — to file your claims
  3. Know what goes into auto insurance rates