Who Has The Cheapest Motorcycle Insurance In Mississippi?

To help Magnolia State riders pick the best coverage, we gathered hundreds of quotes from across the state.

Cheapest motorcycle insurance companies in Mississippi

In addition to offering great customer service and a wide menu of coverages to choose from, Progressive has the best rates for motorcycle insurance in Mississippi. Riders can save $175 per year compared to the state average by getting full coverage from Progressive.

Cheapest motorcycle insurance companies in Mississippi

Geico and Allstate also offer affordable rates. At $768 annually, Geico is 6% cheaper than the state average, while at $792 annually, Allstate is 3% cheaper than the state average.

Best motorcycle insurance for most people: Progressive

Most riders in Mississippi will find their best coverage with Progressive. Motorcycle insurance from Progressive costs $638 per year, which is 22% cheaper than the state average. Customers can lower those rates even further through an impressive list of discounts, including:

Another perk of insuring your motorcycle with Progressive is that the company automatically includes full replacement cost with no depreciation for parts — no matter if you use custom parts or original manufacturer equipment — if you have collision and comprehensive coverage. You can also add the following coverages to your policy:

Progressive also stands out for its unusually low rate of complaints — lower than any other company in our study. It has just a 0.27 on the National Association of Insurance Commissioners (NAIC) complaint index, which means it gets about 73% fewer complaints than you would expect for an insurance company of its size.

Best for daily riders: Allstate

Allstate stands out because it offers riders rental reimbursement coverage — an important add-on for regular riders. If you get into an accident and your motorcycle is in the shop for repairs, rental reimbursement coverage helps you get a substitute vehicle to get around.

While Allstate isn't the only company that offers rental reimbursement coverage, it is the most affordable. Full coverage from Allstate costs $792 per year on average, making it 3% cheaper than the state average and the cheapest option with rental reimbursement coverage. Another benefit is that all policies include $1,000 worth of coverage on any aftermarket upgrades you add to your motorcycle.

In addition to rental reimbursement and added equipment coverage, Allstate customers have access to several other add-on coverages that can help protect their motorcycle. These include:

Best for military families: USAA

If you or certain select family members have served in the armed forces, we recommend getting a motorcycle insurance quote from USAA. The company does not sell its own motorcycle insurance but instead works through Progressive.

USAA customers will also have access to Progressive's strong menu of coverages, which includes carried contents coverage and original equipment manufacturer coverage. Start your search with USAA if you are eligible for coverage.

Best-rated Mississippi motorcycle insurance company

You're most likely to get quality customer service in Mississippi from Progressive, according to the National Association of Insurance Commissioners (NAIC). Its complaint index score of 0.27 means it gets far fewer complaints than would be expected for a company of its size. Geico comes in at a close second, so that could be a good second option as you compare rates.

A score of 1.00 on the NAIC complaint index means that a company gets an average number of complaints given its size. A score below 1.00 means fewer complaints than average, while a score above 1.00 means more complaints than average. Be aware that the NAIC complaint index includes complaints for both motorcycle and auto insurance policies.

No matter which insurance company in this study you choose, you can be confident that they should be able to pay out any claim you might make. All the companies we looked at earned an A+ or A++ financial strength rating from AM Best, indicating a "superior" ability to meet their financial obligations and pay out claims.

Mississippi motorcycle insurance cost by city

Where you live within Mississippi has a big impact on how expensive your rates are. The most expensive city for motorcycle insurance is Pass Christian, where rates average $1,028 per year. Six cities are tied for the most affordable rate, with Hernando, Holly Springs, Horn Lake, Olive Branch, Southaven and Columbus all coming in at $700 per year.

To see how your city compares to the state average, check out the table below:

Mississippi motorcycle insurance requirements

Riders in Mississippi are required to have motorcycle coverage to drive legally on the roads. A minimum coverage policy must have the following coverage limits:

ValuePenguin generally recommends buying more insurance coverage than the state-mandated minimum. You don't want to find yourself in a situation where you cause a lot of damage and can't afford to pay for the resulting legal bills, injuries or repairs.

Methodology

For this study, ValuePenguin collected quotes from five large motorcycle insurance companies that operate in Mississippi: Progressive, Nationwide, Geico, Dairyland and Allstate. Our sample rider is 45 years old and protects his 2021 Harley-Davidson Street Glide with the following coverage limits: