Cheap Car Insurance in Southaven, MS

In the market for cheap auto insurance in Southaven, MS? At, you could find the lowest priced insurance premiums for your area. To receive free car insurance quotes offered by the top rated providers now, input your zipcode into the quote box on this site.

Southaven is a fairly young city which was incorporated back in the 1980’s. Founded by the same man who began the Holiday Inn franchise, Southaven was originally meant to be a suburb of the greater Memphis area. The city is famous for once being home to noted celebrities and artists such as Cory Branan and John Grisham.

  • Fun fact: isn’t it ironic…Southaven is actually located in the northern part of the state of Mississippi, right along the Tennessee border.

Auto Insurance Coverage Requirements in Mississippi

Driving legally in Southaven requires:

CoverageRequirementsMost Common
Bodily Injury Liability25,000/50,00025,000/50,000
Property Damage Liability25,00025,000
Uninsured Motorist Bodily InjuryNot required10,000/20,000
Medical PaymentsNot required1,000
CollisionNot required500 deductible
ComprehensiveNot required100 deductible

It’s pretty common in most states to only require Liability coverage in order to drive legally. But remember that this only covers you if the accident or damages are deemed your fault. Anything else that happens – including theft, weather damage, etc – you’ll be paying for out of pocket.

For some unfortunate motorists, it can cost as much as $115 each month to stay insured. But for Southaven residents, you can get rates as low as $43/mo* – if you follow our advice, that is.

Average Monthly Auto Insurance Premiums Legend: Southaven State Farm Nationwide Allstate ALFA Safe Auto 5 10 15 20 25 30 35 40 45 50 55 $36 $38 $42 $41 $59


You have several affordable options to choose from when it comes to cheap automotive insurance in your area, such as State Farm, Nationwide, and ALFA. Just remember that a lower price doesn’t always mean better service. Do your research, and make sure you’re getting your money’s worth from your provider.

Auto insurance providers contemplate various factors when determining insurance prices, among them gender, accident claims, type of vehicle owned, education, and current insurance coverage and limits. On top of that, premiums differ from one company to another.

Major Car Insurance Factors in Southaven

There is a wide array of various items which might factor into the rate quotes you are given. While many specific factors aren’t actually something you can do something about, some of them are variables that you can change for the better. Here are a few factors that might alter your auto insurance premium:

Your Zip Code

Some of the cheapest car insurance is usually associated with urban centers with a lower population density. Since there are a lesser number of cars traveling the road, there are fewer chances to get involved in a significant car accident with a different individual. The population of Southaven is 50,997, plus the average family earnings are $55,910.

Auto Insurance by Zip Code Legend: Biloxi Gulfport Hattiesburg Jackson Southaven State Farm Nationwide Allstate ALFA Safe Auto 5 10 15 20 25 30 35 40 45 50 55 60 65 $38 $38 $31 $31 $36 $42 $42 $36 $36 $38 $48 $48 $38 $38 $42 $44 $44 $37 $37 $41 $60 $65 $63 $63 $59


Automotive Accidents

Unfortunately for Southaven motorists, this city has a somewhat high rate of serious accidents per capita. But this doesn’t have to raise your monthly premium if your provider offers some form of a Safe Driver discount.

Fatal Accidents in Southaven, MS Legend: Southaven Fatal accident count Vehicles involved in fatal crashes Fatal crashes involving drunk persons Fatalities Persons involved in fatal crashes Pedestrians involved in fatal accidents 1 2 3 4 3 4 1 3 4


Auto Thefts in Southaven

Sometimes in modest cities or outlying towns, automobile theft can still be a problem. In order to make it less of an issue for you, think about putting in a passive anti-theft system on your current motor vehicle. Your actual auto insurance company could reward you with reduced prices! In Southaven, there were 155 auto thefts as recently as 2006. If you don’t want to worry about your vehicle getting stolen, then you’d better add some Comprehensive coverage to your policy.

Basic vs. Comprehensive Auto Policy Legend: Basic Coverage Comprehensive Coverage State Farm Nationwide Allstate ALFA Safe Auto 15 30 45 60 75 90 105 120 135 150 165 $36 $91 $38 $76 $42 $130 $41 $119 $59 $169


Your Credit Score

Your credit score is a very significant – yet often overlooked – variable which influences your overall monthly premium. People with good credit are often rewarded with lower rates. For Southaven drivers, the chart below shows that this trend applies to your area as well.

Auto Insurance by Credit Score Legend: Excellent Credit Poor Credit State Farm Nationwide Allstate ALFA Safe Auto 10 20 30 40 50 60 70 80 90 100 $30 $63 $36 $45 $42 $42 $38 $66 $51 $106


Your Age

Age, however, is a different story. Insurance companies clearly believe that young drivers are a greater risk on the road – and this philosophy is reflected by the difference in monthly premiums. But if you qualify for a Driver’s Ed or a Good student discount, it could help alleviate the burden.

Auto Policy Age Comparison Legend: 34 Year Old 17 year Old State Farm Nationwide Allstate ALFA Safe Auto 35 70 105 140 175 210 245 280 315 $36 $149 $38 $229 $42 $135 $41 $143 $59 $348


Your Driving Record

Low-risk drivers tend to have blemish-free (or nearly perfect) driving records, so insurance companies tend to charge them lower rates each month. If your record is less than perfect, you should ask your insurance agent about “accident forgiveness” discounts to see if you can save money. For more serious violations, however, your rates might go up significantly – or your provider may refuse to cover you all together.

Driving Violations Legend: Perfect Record Minor Speeding Ticket DUI/Reckless Driving Major At-Fault Accident State Farm Nationwide Allstate ALFA Safe Auto 25 50 75 100 125 150 175 200 225 $36 $39 $39 $44 $38 $43 $240 $50 $42 $57 $73 $68 $41 $44 $56 $46 $59 $60 $69 $78


Your Vehicle

Generally speaking, the biggest factor which auto insurance companies care about is how much it will cost them to replace your car in the event of a serious accident. Because luxury vehicles, such as porches, are so much more expensive than regular sedans, you can see in the chart below that monthly premiums for these automobiles are much higher.

Car insurance by Make/Model Legend: 2015 Honda Accord 2012 Porsche Boxster Spyder State Farm Nationwide Allstate ALFA Safe Auto 20 40 60 80 100 120 140 160 180 $36 $112 $38 $139 $42 $171 $41 $130 $59 $190


Minor Car Insurance Factors in Southaven

In Mississippi, like in many other states, these factors below might also be able to change your monthly insurance payment:

Your Marital Status

For many years, drivers have been under the impression that your marital status can play a major factor in your monthly car insurance premiums. In truth, it depends more on your insurance company than anything. However, married couples can save a great deal of money by bundling their insurance policies together.

Your Gender

No matter what sort of preconceived notions you may be harboring regarding gender and driving ability, the truth is that most insurance companies don’t know who is better at driving. That’s why some companies charge 2-3% more for males, and some charge less. Other progressive entities charge equal rates regardless of gender.

Your Driving Distance to Work

It might be a little harder to get around in Southaven than most other cities. Work commutes can last up to 22-27 minutes during the weekdays. Most motorists prefer to drive their own automobile alone in order to get around (85%), while an additional 5-13% will likely carpool.

Most people believe that if you drive more miles on an annual basis, you’ll be charged more for your insurance rates. While some companies might charge more, others don’t. The biggest factor revolves around what you use your vehicle for. If your car, truck, or SUV is used as a business vehicle, expect to pay about 10-15% more per month in premiums.

Your Coverage and Deductibles

The amount, as well as the types of coverage you purchase for your vehicle will have significant influences on your monthly premium. For obvious reasons, a bare bones state minimum coverage policy will be much cheaper than a fully comprehensive, high coverage plan. You can alleviate your monthly costs by choosing a higher deductible, or eliminating certain coverage options (such as towing or rental car coverage).

Education in Southaven, MS

More than one-third of Southaven residents have successfully completed their high school requirements and obtained a diploma. Additionally, 18% of motorists have taken at least one year of college. Once they finish the other three, they will have more than a college degree under their belt; they will also see a lower price on their car insurance bill. Believe it or not, discounts for college degrees are even better than those based on your career, or your salary.

“Ole Miss”, also known as the University of Mississippi, is a prestigious state university with satellite campuses scattered throughout the state, one of which is located in Southaven. Northwest Mississippi Community College also has a campus in Southaven located at the DeSoto center which offers two-year degrees and professional certificates.

Determining your own personal financial risk can be quite hard or impossible for the typical insurance customer. Insurance companies possess an edge on buyers because of their research and experiential knowledge. Find out what insurance agencies don’t really want anyone to learn.

You’ll be able to evaluate YOUR car insurance risks by merely typing in your Age, Zip Code, and Gender into the calculator below.

Interested in learning more about Southaven, MS?

How We Conducted Our Car Insurance Analysis

*We calculated our average rate based on the following metrics: a married, 34 year old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.


Mississippi Insurance Department

Mississippi Department of Finance and Administration

Department of Highway Safety and Motor Vehicles

You’ll be able to evaluate YOUR car insurance risks by merely typing in your Zip Code into the calculator below.