Facts About Car Insurance in Mississippi
- Car insurance in Mississippi is among the top in overall coverage.
- Mississippi offers full payment of minimum $25,000 per driver.
- Specific kinds of insurance in Mississippi are required by law.
Car Insurance in Mississippi is Among Best in America
It’s a little-known fact that insurance for cars in Mississippi is among the few states that offer high coverage for accidents. The minimum mandatory state insurance in Mississippi, according to the Insurance Department of Mississippi (link: http://www.mid.state.ms.us/consumer/auto_insurance.aspx), for bodily injury and property damage to one or more persons in a car accident is:
$25,000 for bodily injury (one person in one accident)
$50,000 for bodily injury of two or more persons in one accident (note: whoever claims first get the necessary amount for his or her claim; the second claimant receives the remainder of the $50 thousand. If the person who caused the accident is sued, this is where the money comes from.)
$25,000 property damage for one accident
What you will see when searching for car insurance in Mississippi are these numbers: 25/50/25, which refers to the above state requirements for minimum liability auto insurance. Compare them to Florida (10/20/10) or District of Columbia (10/25/5) and you see that Mississippi provides excellent coverage for car accidents.
As a consumer, NEVER ACCEPT LESS THAN THE REQUIRED 25/50/25 for insurance in Mississippi.
Car Insurance in Mississippi: Laws
Car insurance laws in each state have a strong effect on your insurance quotes.
DID YOU KNOW??? It is ILLEGAL to drive in Mississippi without car insurance.
On February 23, 2000 the Mississippi Gov. Ronnie Musgrove signed a bill that established a COMPULSORY car insurance system for Mississippi. This assistance ensured that financial help would be given in all cases where someone is at fault.
Currently, all drivers must carry an insurance card in their vehicles at all times to prove they have liability insurance.
Want Cheap Car Insurance?
You can always get low car insurance quotes online and stay up-to-date about what your car insurance company should be fairly charging you to stay covered.
Insurance Companies and You
It is easy to get lost in the fine print of your contract with an insurance company. You are absolutely entitled to ask questions and make sure you understand exactly how insurance will help you when you need it. Ask questions, such as:
“How much is my monthly premium?”
“What will increase my insurance rates?”
“I found a cheaper quote online from another insurance company. Can you match this?”
Do not hesitate to shop around for cheaper insurance quotes online. Because state law requires a 25/50/25 minimum, all insurance companies have to stick to this restriction. This means you can shop around for the lowest monthly rates. Your monthly rates are probably the only thing you will notice about your insurance policy until you actually need it. Make sure you’re paying a monthly rate that suits your budget.
Besides going online to get cheap insurance quotes, you can keep your monthly rates down with a few simple precautions:
- Maintain a good driving record
- Frequently ask about discounts
- Determine the cost of insuring a vehicle BEFORE you buy the car.
- Consider forgoing collision insurance if you are driving an old car. Ask instead for insurance in case your car is damaged or stolen.
- If you are or have a YOUNG DRIVER on your policy, ask about student discounts.
