Southaven, MS Car Insurance

On average, Southaven drivers pay around $69 a month for their car insurance. For information on policy rates, coverage, and more check out our guide below.
How does Southaven stack up to the rest of the area, or even Mississippi as a whole? What should residents of Southaven expect to pay for their car insurance? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Southaven?

Area Average Monthly Car Insurance Premium
Southaven$69
MS$65
United States$81

Auto insurance policies in Southaven are about $4 a month more expensive than the rest of Mississippi.

Compared to the national average cost of auto insurance coverage, Southaven has lower rates. You can expect to pay about $12 less for your policy in Southaven than in the rest of United States.

The price you pay may very well be higher or lower than the rates you see, but we can help explain why. Insurance companies take an array of factors into consideration when determining how much to charge you to insure your vehicle. The monthly premium you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

Don't sweat it however, we've broken down average rates for Southaven residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below and find out in just minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$112
25-34$53
35-44$54
45-54Not Enough Data
55-64$81
65+$48

The more time you have behind the wheel, the more experienced of a driver you should be. That experience can really work in your favor when it comes to auto insurance. In this case, 18-24-year-olds pay two times as much as someone who is at retirement age.

For every 10 years, you can expect to see a decrease in your monthly premium. You may see your rates begin to go back up once you hit retirement age in Southaven.

Average Car Insurance Rates by Gender

Gender Average
Male$71
Female$68

Male drivers pay, on average. slightly more than female drivers for auto insurance. In Southaven, although women do pay a bit less on their monthly auto insurance coverage, the cost is about the same for either group.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$118
Multiple Accidents$146
1 Ticket$113
Multiple Tickets$132

Rates can change drastically depending on your driving record. Those with fewer accidents and tickets will pay much less than those with multiple infractions. The rate for drivers in Southaven with a single accident on their record is about $118 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $113.

When it comes to your monthly premium, accidents, tickets, and other driving infractions can really take a toll. Remember, the safer you are as a driver, the cheaper your car insurance will be.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$54
2-3 Years$60
4-5 Years$60
6-7 Years$54
8-10 Years$89
11-14 Years$74
15 Years or Older$61

According to the first table above, trucks and vans are usually the cheapest vehicles to insure in Southaven, with drivers paying around $63 per month to insure their vehicle.

Car owners, on the other hand, by and large pay around $73 per month, while SUV drivers can expect to pay about $70 a month for auto insurance coverage.

Your vehicle's age can also affect your monthly bill. Generally, the most expensive vehicles to insure are going to be newer ones. However, your rates may start to drop back down once your car is a few years old. The most expensive vehicles to insure in Southaven are vehicles eight-to-ten years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$75
Married$61
Divorced$45
Widowed$55

More often than not, married policyholders will pay slightly less for insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.

At a national level, single drivers usually pay more than married couples do for auto insurance. Southaven follows that pattern, with the difference totaling to around $14 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$58
Rent$73
Live with parents$83

One other element taken into consideration is your living accommodations. If you rent your home or apartment in Southaven, expect to pay around $15 a month more than if you own your home. But if you live with your parents, you can expect to pay a lot more.

If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your average premiums, depending on your insurance company.

Car Insurance Companies in Southaven, MS

Recent trends in car insurance for Southaven drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before choosing when and where to shop.

Auto insurance rates in Southaven have been mixed as of late, they dropped in 2017, rose in 2019, and fell again in 2021, before finishing at $61 in 2022.

How does Southaven compare to neighboring areas?

Why are car insurance rates in Southaven different from other areas?

Car insurance companies will take into account a number of factors when they're choosing how much to charge for a policy. While we mentioned the factors that affect your personal policy, others are based around your home address. These include things like:

  • Local laws
  • Road Safety (frequency of local car accidents)
  • Area crime rates
  • Total number of drivers in the area
  • Access to off-street parking

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Different towns and cities will all have different average rates, so guides like these are a great place to get started.

How can I find the cheapest car insurance in Southaven?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

But hold on! Compare.com has you covered. Put in your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from numerous car insurance companies offering policies in Southaven in no time.

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Southaven Insurance FAQs

What factors affect car insurance quotes in Southaven?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your credit score, driving record, address, and marital status.

Why is the cost of car insurance in Southaven different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like local laws, parking situations, and crime rates when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in Southaven?

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Southaven?

Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Southaven or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes