Cheapest Auto Insurance in Madison, Mississippi (2024)

State Farm offers the cheapest car insurance in Madison, with minimum-coverage policies as low as $37 per month.

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Taylor Milam-Samuel
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Updated June 13, 2024

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Cheapest recent rates near Madison, Mississippi

Drivers using Insurify have found quotes as cheap as $31/mo for liability only and $71/mo for full coverage in Madison and other Mississippi cities.

*Quotes generated for Insurify users in and around Madison, Mississippi within the last 10 days. Last updated on June 12, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 12, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Madison, Mississippi within the last 10 days. Last updated on June 12, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 12, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Less than a 30-minute drive to the state’s biggest city, Madison combines the comfort of a small community with the convenience of a big city. But the proximity to a large city comes at a price. Car insurance in Madison, Mississippi, costs an average of $142 per month, higher than the state average of $140.

You can take steps to find cheap car insurance and find the right coverage, though. Some of the city’s best insurers, like State Farm, USAA, and Safeco, have insurance costs that are nearly half the city’s average. Here’s what you need to know about finding cheap car insurance in Madison.

Quick Facts
  • Drivers in Madison will find the cheapest liability-only and full-coverage auto insurance policies from State Farm.

  • Madison drivers pay an average of $79 per month for liability only and $205 for full coverage.

  • Mississippi insurers can use your credit information when determining your car insurance premiums.

3 of the cheapest car insurance companies in Madison

As a driver in Madison, you can find the best car insurance options from State Farm, USAA, and Allstate. Your finances and the type of coverage you need will help determine which company is the best fit.

As you search for insurance in Madison, consider your budget, driving record, and coverage needs.

Insurance CompanyIQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
Full CoverageLiability OnlyBest For
State Farm4.6$71$36Cheap rates
USAA4.7$73$37Military members
Allstate4.4$116$58Pay-per-mile coverage
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
  • Our editorial team spent 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. Criteria are weighted by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1 to 5 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. We update ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: We use data from AM Best, S&P, Moody's, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 20,000 customer reviews across 155 car insurance companies. We also considered third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the United States, as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify identified the number of states in which insurers offer coverage and company size by market share to score availability and reach.

Best insurer for cheap rates: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.6
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$37/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$73/mo

State Farm has been in business for more than 100 years and today sells auto and other vehicle insurance, homeowners, life, health, pet, disability, and small-business insurance. Available in all 50 states, State Farm car insurance policies offer multiple ways to save, from customizing coverage types to a robust list of discounts.

The company has far fewer complaints than expected for the industry, according to the National Association of Insurance Commissioners (NAIC) Consumer Complaint Index. State Farm also ranks among the top 10 companies for customer satisfaction in every region in J.D. Power’s 2023 U.S. Auto Insurance Study.

Pros
  • High rates of customer satisfaction

  • Rideshare insurance available

Cons
  • No gap insurance 

  • May not be the cheapest choice for drivers with violations

Read our State Farm review
Laudita - June 13, 2024
Verified

No Consideration at All, They Don't Care About the Years Spent With Them

They doubled my insurance premium without any reason. I haven't had an accident in the last 10 years.

Luisa - June 13, 2024
Verified

The agent was friendly, helpful, and courteous. However, I am dissatisfied with the auto insurance rate I am being charged, which is why I am exploring other car insurance options.

The agent was friendly, helpful, and courteous. However, I am dissatisfied with the auto insurance rate I am being charged, which is why I am exploring other car insurance options.

Daniel - June 13, 2024
Verified

Excellent

I have no complaints. It has been very good.

Best insurer for military members: USAA

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.7
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
880
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$38/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$75/mo

In business for more than 100 years, USAA exclusively serves members of the military and their immediate families. The company offers multiple types of insurance products and banking, investing, and retirement services.

Auto insurance customers have access to a number of discounts, including bundling, insuring multiple vehicles, living on a military base, and more. AM Best gave USAA an A++ rating for financial strength, but customer reviews are mixed for service and claims processing.

Pros
  • High customer satisfaction, especially for customer service

  • Low premiums

Cons
  • Only available to active-duty military, veterans, military spouses, or children of service members or veterans

  • No 24/7 customer phone support

Read our USAA review
Dorothy - June 13, 2024
Verified

Price

It's a good company, but the price increases every year.

Steven - June 13, 2024
Verified

Hopeless

I am a disabled veteran. I lost my phone and got a new number. I needed to adjust my policy and had forgotten my old phone number and password codes. They would not allow access to my account to make changes. It became a nightmare. Otherwise, they are a good company.

Harold - June 9, 2024
Verified

Great

I have been with them for 30 years.

Best insurer for pay-per-mile coverage: Allstate

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.4
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
833
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$59/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$119/mo

Founded by Sears department store executives in 1931, Allstate offers auto, home, motorcycle, ATV, renters, condo, and term life insurance. Operating in all 50 states, the company has superior ratings from AM Best for financial strength and credit. However, Allstate has many negative reviews on consumer websites and a slightly higher-than-average complaint rating on the NAIC complaint index.

Allstate offers many discounts, including for good students, multiple policies, bundling auto and home insurance, new vehicles, safe driving, and a good payment history.

Pros
  • Well-established with superior ratings from AM Best

  • Pay-per-mile option available

Cons
  • Low customer satisfaction

  • Rates are merely average compared to other insurers

Read our Allstate review
Mark - June 13, 2024
Verified

Terrible, company didn't cover two rocks hitting my windshield

The assistance was awful.

Jay - June 13, 2024
Verified

Not the Greatest, But OK

The app isn't great, so it's better to deal with an agent.

Louis - June 13, 2024
Verified

Allstate is Overpriced

They are way too expensive.
Top 10 Cheapest Car Insurance Companies for June 2024

Top 10 Cheapest Car Insurance Companies for June 2024

How to get the cheapest car insurance in Madison

Different factors influence how much you pay for car insurance. Some deciding factors, like age and location, are out of your control, but you can take steps to lower your car insurance costs.

The following strategies can help you get the most competitive car insurance rates:

  • Compare quotes. It’s critical to compare quotes from multiple insurers before you move forward with a policy. You can compare quotes online or call the insurer and provide your mileage estimate, car information, phone number, email address, and other contact information.

  • Choose a safer car. The type of car you drive affects how much you pay for car insurance. You can typically pay less if you select a car with enhanced safety features.

  • Research discounts. Learn about the available discounts and ask your car insurance agent or licensed representative to check if you qualify for any on your list. Insurers offer various discounts, including safe driving, customer loyalty, and referrals.

  • Bundle your home and auto insurance. You can also bundle insurance products like renters, life, and home insurance with auto insurance.

  • Strategize coverage amounts. Understand the type of insurance you have. Read the coverage limits in your current policy. You don’t want your limits to be too high or too low. For example, you could choose a lower amount if you have an older car that isn’t worth as much.

Cheapest liability-only car insurance in Madison: State Farm

Mississippi, like most states, mandates that drivers have liability car insurance.[1] The coverage protects you if you cause an accident. Still, it only helps with repairs and medical expenses for the other driver and their passengers. It doesn’t help pay for damages to your vehicle.

Madison residents pay an average monthly rate of $79 for liability-only car insurance. Here are some of the best rates for liability coverage in Madison.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
State Farm$37
USAA$38
Safeco$57
Allstate$59
GAINSCO$59
Progressive$60
Nationwide$62
GEICO$63
National General$66
Travelers$72
Shelter$92
Clearcover$98
Liberty Mutual$101
Foremost$104
Bristol West$106
Dairyland$108
Root$111
Direct Auto$113
The General$140
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Madison: State Farm

Full-coverage car insurance provides drivers with liability coverage and meets the state-minimum requirements for car insurance. It also includes comprehensive and collision, which can help pay for your car repairs if you’re in an accident.

On average, full coverage costs Madison drivers $205 per month. Below are some of the cheapest options for full-coverage auto insurance in Madison.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
State Farm$73
USAA$75
Safeco$105
Allstate$119
Progressive$120
Nationwide$123
GEICO$125
National General$137
Travelers$142
Clearcover$165
GAINSCO$167
Root$180
Midvale Home & Auto$184
Shelter$184
State Auto$185
Liberty Mutual$206
The General$240
Bristol West$241
Direct Auto$249
Dairyland$258
Foremost$273
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest recent rates near Madison, Mississippi

Drivers using Insurify have found quotes as cheap as $31/mo for liability only and $71/mo for full coverage in Madison and other Mississippi cities.

*Quotes generated for Insurify users in and around Madison, Mississippi within the last 10 days. Last updated on June 12, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 12, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Madison, Mississippi within the last 10 days. Last updated on June 12, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 12, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Car insurance requirements in Mississippi

The state of Mississippi requires drivers to have liability insurance to ensure that they can cover the expenses associated with an accident. Drivers must have coverage for bodily injury and property damage.

As an at-fault state, Mississippi law requires the driver who causes the accident to pay for the associated repairs and medical expenses.[1]

Here are the minimum-coverage amounts for drivers in Mississippi:

CoverageMinimum Requirements
Bodily injury liability$25,000 per person and $50,000 per accident
Property damage liability$25,000 per accident

Even though state-mandated coverage provides some financial protection, you may want additional coverage in the form of extra policies or higher limits. For example, if you cause an accident and the other car is totaled, it might cost more than $25,000 to replace, leaving you responsible for the costs.

Also, lenders usually require collision and comprehensive coverages as a condition of purchase if you finance a car.

Here are standard coverage options that extend beyond the state requirements for Mississippi:

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    If your car is damaged due to something other than a collision, comprehensive coverage helps pay for repairs.

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Collision coverage

    If you’re responsible for a car crash, collision coverage helps pay for your repairs.

  • illustration card https://a.storyblok.com/f/162273/x/73ee7a876e/repair.svg

    Glass coverage

    If there’s damage to your windows or windshield, this coverage helps pay for repairs.

  • illustration card https://a.storyblok.com/f/162273/x/abffe6238f/financial-protection.svg

    Gap coverage

    If you finance your car and the amount you owe is more significant than what the car is worth, gap coverage helps pay the difference if your vehicle is totaled.

Keep in Mind

As you determine the type and amount of coverage you need, factor in your budget, the cost of your vehicle, your deductible, and other elements of your finances.

Cheapest car insurance for drivers with an incident

Your driving record affects your car insurance rates. Violations like speeding, driving under the influence (DUI), and at-fault accidents cause policy changes, including increased rates.

It’s possible to find insurance companies offering competitive rates after an incident, but comparing rates to find the best deal is important. Here’s how you can expect your rates to increase after specific driving incidents in Madison.

Find Car Insurance in Madison, MS

Rates start at $48 for drivers with incidents on their records

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Cheapest car insurance for drivers with a speeding ticket: State Farm

Speeding tickets indicate to insurers that you’re more likely to file a claim due to reckless driving. Because of that, tickets cause your car insurance rates to increase, but you can still find solid pricing.

Madison drivers with a speeding ticket face an average monthly cost of $120 for liability-only coverage and $310 for full coverage. Here are some of the cheapest liability-only car insurance quotes for drivers with speeding tickets in the city.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyClean RecordWith Ticket
State Farm$37$49
USAA$38$51
Safeco$57$78
Allstate$59$79
GAINSCO$59$87
Progressive$60$80
Nationwide$62$84
GEICO$63$84
National General$66$86
Travelers$72$97
Shelter$92$128
Clearcover$98$132
Liberty Mutual$101$149
Foremost$104$153
Bristol West$106$141
Dairyland$108$145
Root$111$158
Direct Auto$113$152
The General$140$190
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: State Farm

When you cause an accident, it appears on your driving record as an at-fault incident. It’s usually visible on your record for a few years, which means that your insurance rates are generally more expensive during that time as a result.

In Madison, drivers with at-fault accidents average $124 per month for liability-only auto insurance and $322 for full coverage. Below are some of the lowest monthly minimum-coverage rates for drivers with an at-fault accident in the city.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyClean RecordWith Accident
State Farm$37$52
USAA$38$53
Safeco$57$78
Allstate$59$83
GAINSCO$59$80
Progressive$60$86
Nationwide$62$88
GEICO$63$89
National General$66$93
Travelers$72$102
Shelter$92$134
Clearcover$98$146
Liberty Mutual$101$154
Foremost$104$159
Bristol West$106$147
Dairyland$108$152
Root$111$165
Direct Auto$113$162
The General$140$200
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: State Farm

A driving under the influence (DUI) violation causes your car insurance rates to increase. Drunk driving can also lead to other severe consequences, like jail time, license suspension, and non-renewal of your insurance policy. It can be stressful to navigate auto insurance after a DUI, but some insurers specialize in high-risk coverage.

The overall average monthly cost of car insurance with a DUI in Madison is $140 for liability-only coverage and $363 for full coverage. Here are some of the lowest liability-only car insurance quotes for drivers with a DUI in the city.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyClean RecordWith DUI
State Farm$37$64
USAA$38$66
Safeco$57$99
Allstate$59$102
GAINSCO$59$102
Progressive$60$104
Nationwide$62$107
GEICO$63$109
National General$66$114
Travelers$72$125
Shelter$92$159
Clearcover$98$170
Liberty Mutual$101$175
Foremost$104$180
Bristol West$106$183
Dairyland$108$187
Root$111$192
Direct Auto$113$195
The General$140$242
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: State Farm

Your age significantly affects how much you pay for car insurance. Rates decrease steadily throughout adulthood and are usually the lowest around retirement age. But once drivers hit age 70, rates change again, and drivers can expect an increase.

Madison seniors can find liability rates as low as $59 per month and full-coverage rates for as low as $153 per month. Below are average monthly car insurance quotes for senior drivers in the city.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyFull CoverageLiability Only
State Farm$54$27
USAA$57$29
Progressive$81$41
Safeco$81$44
Nationwide$87$44
Allstate$91$45
GEICO$95$48
National General$104$50
Travelers$106$54
Shelter$122$61
Clearcover$125$74
GAINSCO$130$46
Root$141$87
Liberty Mutual$155$76
Direct Auto$182$83
Bristol West$183$81
The General$187$109
Dairyland$196$82
Foremost$202$77
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: State Farm

Teenage drivers usually pay the most for car insurance out of all age groups due to their inexperience. Insurers view them as more likely to file a claim and charge them higher rates to account for that extra risk.

If you’re a parent who needs insurance for a teenage driver in your family, try different strategies to lower the costs — choose a car with enhanced security features and encourage your teenager to qualify for good student discounts. But most importantly, gather quotes from multiple insurers, ask questions, and compare options for the best deal. Teen drivers in Madison pay an average of 166 per month for liability-only coverage and 431 per month for full coverage.

Here are some of the cheapest insurers for teenage drivers in Madison.

The below rates are estimated rates current as of: Saturday, June 1 at 12:00 PM PDT
Insurance CompanyFull CoverageLiability Only
State Farm$135$68
USAA$136$69
GEICO$216$109
Allstate$226$112
Nationwide$229$115
Progressive$235$118
Safeco$235$127
Travelers$277$140
National General$279$134
Root$303$187
GAINSCO$323$114
Clearcover$345$205
Shelter$345$172
Liberty Mutual$413$202
The General$425$248
Bristol West$447$197
Dairyland$471$197
Direct Auto$492$223
Foremost$525$200
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Shop for Car Insurance in Madison

Comparing rates can save you up to $717 annually

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Madison car insurance quotes by credit tier

As a driver in Mississippi, your credit history affects your car insurance rates. Insurance companies consider credit as a risk factor when determining rates.[2]

Insurers consider you riskier to insure if you have poor credit. As a result, your insurance costs more. But the reverse is also true — if you have excellent or good credit, you typically pay less for car insurance.

Here’s what you can expect to pay in Madison based on your credit score category.

Rates by Credit Tier

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Is car insurance more expensive in Madison?

Car insurance costs an overall average of $142 per month in Madison, compared to the national average of 160 per month.

Compared to cities in Mississippi that are similar in size, Madison drivers tend to pay slightly more for car insurance. But even within the same city, your car insurance costs can vary from one area to the next.[3] For example, drivers who park in a garage typically pay less than drivers who park on the street.

More cities in Mississippi

As the 11th-largest city in the state, Madison is a relatively small city. Drivers in larger cities can typically expect to pay more for car insurance. But Madison’s proximity to Jackson, the largest city in the state, likely influences the city’s car insurance rates, which are higher than the state average.

Drivers in similarly sized cities, like Oxford, can expect to pay slightly less for car insurance since they’re further from a major metropolis.

CityAverage Quote: Full CoverageAverage Quote: Liability Only
Columbus$192$70
Hattiesburg$212$84
Jackson$240$90
Meridian$197$71
Oxford$170$67
Southaven$237$89
Tupelo$189$74
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Madison car insurance FAQs

Finding the right car insurance can be challenging. Below, you’ll find answers to some commonly asked questions about how to find the best auto insurance in Madison.

  • How much is car insurance in Madison?

    Car insurance in Madison costs $142 per month, on average. Drivers pay an average of $205 per month for full-coverage insurance and $79 per month for liability coverage.

    Your exact rate will depend on your insurer, age, driving record, credit history, vehicle type, coverage level, and more.

  • What are the best car insurance companies in Madison?

    State Farm is the best car insurance company in Madison, with an Insurify Quality (IQ) Score of 4.6 out of 5 and an AM Best financial strength rating of A++ (Superior).

    Of the insurers Insurify has rate data for, other top choices include Allstate and USAA.

  • Which company has the cheapest car insurance rates in Madison?

    State Farm has the cheapest car insurance in Madison, with liability rates averaging $37. You can also find low rates with USAA and Safeco, which have liability-only rates of $38 and $57, respectively.

  • What is the minimum auto insurance required in Mississippi?

    All drivers must carry at least $25,000 per person and $50,000 per accident in bodily injury liability insurance, as well as $25,000 per accident in property damage liability insurance.

  • Is car insurance mandatory in Mississippi?

    Yes. All drivers must carry car insurance in Mississippi.

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. Mississippi Insurance Department. "Auto Insurance."
  2. Mississippi Insurance Department. "Credit Scoring: How Does It Affect You?."
  3. United States Census Bureau. "QuickFacts."
Taylor Milam-Samuel
Taylor Milam-Samuel

Taylor Milam-Samuel is a writer and credentialed educator who is fascinated by how people earn, save, and spend their money. When she's not researching financial terms and conditions, she can be found in the classroom teaching.

Danny Smith
Edited byDanny Smith
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Danny Smith
  • Licensed auto and home insurance agent

  • 4+ years in content creation and marketing

As Insurify’s home and pet insurance editor, Danny also specializes in auto insurance. His goal is to help consumers navigate the complex world of insurance buying.

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