Mississippi’s car insurance rates have rose 167% since 2005. Average cost for a policy in Mississippi is now $1,987. This compares to the average premium paid in 2005 of $745! Consumers are undoubtedly looking for a break on their car insurance -what with gas prices being so high. Experts agree that substantial savings can be had simply by comparing auto insurance rates and buying the lowest priced policy.
Mississippi Car Insurance Coverage Requirements
It is against the law to operate a motor vehicle without insurance in Mississippi. All drivers must have the following coverage and prescribed limits: bodily injury liability and property damage The minimum for bodily injury per person is $25,000, and the minimum coverage for bodily injury per accident is $50,000.The minimum required for property damage liability is $25,000.
You should be warned that these are the absolute minimums and should make sure your liability coverage is high enough to cover your assets in the event that you are sued by a third party. Learn more about how these coverages work read Types of Coverages.
Have a Complaint? Mississippi Car Insurance Rights.
If you have an unresolved conflict with your insurance provider it is best to contact the Mississippi Department of Insurance to understand your rights.
Web site: www.doi.state.ms.us
Mississippi Department of Insurance
PO Box 79
Jackson, MS 39205