Cheapest Car Insurance Quotes in New Albany

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New Albany Car Insurance

^$ 23

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in New Albany

The car insurance rate in New Albany is $781 for a six-month policy, which is $87 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $347, making it a popular choice for budget-conscious drivers. Rates in New Albany can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in New Albany

$781

Avg. Car Insurance in Mississippi

$868

National Average

$1140

Cheapest Car Insurance Companies in New Albany

1st place: Direct General Insurance

At $347 for a six month policy, Direct General Insurance offers the cheapest auto insurance rates in the city.

2nd place: Mississippi Farm Bureau

Mississippi Farm Bureau offers auto insurance rates at $385 for a six-month policy, making it one of the cheapest to insure with.

3rd place: USAA

USAA offers auto insurance rates at $647 for six months, making it the third cheapest auto insurance company in New Albany.

New Albany Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in New Albany, MS is Direct General Insurance, offering policies at just $347 for a six-month term. This is followed by Mississippi Farm Bureau, which has an average six-month premium of $385.

At the higher end of the spectrum, Safeway is the most expensive, with rates reaching $1193 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help New Albany drivers find the best deals.

Cheap Car Insurance Companies in New Albany, MS

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Direct General Insurance	$347	$59
Mississippi Farm Bureau	$385	$64
USAA	$647	$109
Travelers	$663	$112
State Farm	$684	$115
Farm Bureau	$711	$119
National Farmers Union Insurance	$716	$122
Nationwide	$855	$144
Progressive	$904	$152
Shelter	$931	$157
Allstate	$1037	$176
Farmers	$1085	$181
Safeway	$1193	$203

Key Takeaways

Way's key takeaways about car insurance in New Albany

The auto insurance costs in New Albany fall around $347 for six months.
The cheapest auto insurance company in New Albany is Direct General Insurance.
Teen drivers pay the highest rate in New Albany at $782 per month.

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Cheapest Minimum Liability Car Insurance in New Albany

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in New Albany are given below.

Direct General Insurance provides the cheapest minimum car insurance coverage in New Albany. Their Average 6 Month Premium is $139. Farmers is the most expensive at $476 for the same period.

Cheapest Liability Coverage in New Albany, MS

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Direct General Insurance	$139	$23
Mississippi Farm Bureau	$144	$24
National Farmers Union Insurance	$144	$24
State Farm	$166	$28
USAA	$176	$30
Farm Bureau	$224	$38
Progressive	$230	$39
Safeway	$273	$47
Travelers	$278	$47
Shelter	$320	$54
Nationwide	$331	$56
Allstate	$396	$67
Farmers	$476	$79

Cheapest Full Coverage Car Insurance in New Albany

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in New Albany is Direct General Insurance at $59 per month and $347 for six months.

Cheapest Full Coverage Car Insurance Quotes in New Albany, MS

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Direct General Insurance	$347	$59
Mississippi Farm Bureau	$385	$64
USAA	$647	$109
Travelers	$663	$112
State Farm	$684	$115
Farm Bureau	$711	$119
National Farmers Union Insurance	$716	$122
Nationwide	$855	$144
Progressive	$904	$152
Shelter	$931	$157
Allstate	$1037	$176
Farmers	$1085	$181
Safeway	$1193	$203

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Average Car Insurance in New Albany by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in New Albany, MS increasing?

Despite maintaining a clean driving record, your car insurance rates in New Albany, Mississippi, may be increasing due to several external factors. Mississippi has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, New Albany's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in New Albany

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

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Cheapest Car Insurance Rates for Teen Drivers in New Albany,MS

If you are planning to get a car insurance policy for your teenage dependent, Direct General Insurance provides the cheapest car insurance in the New Albany at $30 per month. At $4694 for a six-month premium, Nationwide offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Direct General Insurance	$176	$30
National General	$182	$31
Mississippi Farm Bureau	$198	$33
State Farm	$609	$103
USAA	$684	$115
Travelers	$834	$140
Farm Bureau	$1224	$208
Progressive	$1465	$247
Shelter	$2358	$401
Farmers	$3282	$547
Allstate	$3684	$626
Nationwide	$4694	$782

Teen Car Insurance Rates in MS by Age

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in New Albany, Direct General Insurance is the cheapest car insurance provider. At $176 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in New Albany is Farmers, offering rates of around $3202 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Direct General Insurance	$176	$30
Mississippi Farm Bureau	$251	$42
Travelers	$818	$138
Progressive	$824	$139
USAA	$995	$169
Nationwide	$1031	$174
Farm Bureau	$1219	$207
Allstate	$1662	$277
Shelter	$2122	$361
State Farm	$2582	$430
Farmers	$3202	$545

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Car Insurance Rates with An Accident in New Albany

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In New Albany, MS, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in New Albany

The cheapest car insurance companies after an at-fault accident in New Albany include Mississippi Farm Bureau and Direct General Insurance, offering $198 and $284, respectively. Farmers is an expensive provider with an average six-month premium of $2593.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mississippi Farm Bureau	$198	$33
Direct General Insurance	$284	$49
National General	$289	$48
State Farm	$305	$51
Safeway	$326	$54
USAA	$358	$60
Shelter	$524	$88
Travelers	$545	$92
Progressive	$599	$101
Farm Bureau	$914	$156
Nationwide	$1166	$196
Allstate	$1529	$260
Farmers	$2593	$432

New Albany Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in New Albany MS. For example, the car insurance in New Albany after a DUI increases to $658 for a six month policy. While the rate increases by $220 for a six-month policy in the case of a speeding ticket.

New Albany auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$951	$158
One Med/PIP claim	$951	$162
Not-at-fault accident	$995	$166
One comp claim	$1016	$173
Two Med/PIP claims	$1022	$170
Driving without lights	$1096	$186
Two comp claims	$1102	$184
Failure to show documents	$1133	$193
Failure to wear a seat belt	$1133	$189
Child safety restraint	$1139	$194
Driving with expired registration	$1139	$190
Driving too slowly	$1149	$195
Failure to stop at a red light	$1149	$192
Speeding in school zone	$1149	$195
Cell phone violation	$1160	$194
Improper passing	$1166	$198
Texting while driving	$1166	$194
Wrong way/wrong lane	$1166	$198
Speeding 6 - 10 MPH over limit	$1171	$195
Failure to yield	$1176	$200
Speeding 11 - 15 MPH over limit	$1176	$196
Following too closely	$1182	$201
Illegal turn	$1182	$197
Speeding 16 - 20 MPH over limit	$1182	$201
Speeding 21 - 25 MPH over limit	$1193	$199
Passing school bus	$1203	$204
In 65 MPH zone	$1235	$206
At-fault accident - less than $1000	$1293	$220
Operating a vehicle without permission	$1304	$218
Open container	$1342	$229
At-fault accident - $1000-$2000	$1395	$232
At-fault accident - greater than $2000	$1395	$238
Driving with a suspended license	$1454	$242
Reckless driving	$1454	$248
Refusal to submit to a chemical test	$1593	$266
DUI	$1609	$274
Racing	$1625	$271
Leaving scene of an accident/hit and run	$1636	$278

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in New Albany after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in New Albany.

The cheapest car insurance premiums in New Albany are offered by Mississippi Farm Bureau at $278 for a six-month policy. However, it can be as expensive as $2593 with companies like Farmers.

New Albany car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mississippi Farm Bureau	$278	$48
Direct General Insurance	$284	$47
National General	$289	$50
State Farm	$663	$112
Travelers	$695	$117
Progressive	$711	$120
USAA	$920	$155
Farm Bureau	$1155	$193
Shelter	$1369	$230
Allstate	$1454	$245
Nationwide	$1481	$249
Farmers	$2593	$432

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in New Albany are offered by Mississippi Farm Bureau at $160. However, it can be as expensive as $1556 with companies like Nationwide for a similar six-month premium.

Cheapest Car Insurance in New Albany after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mississippi Farm Bureau	$160	$27
Direct General Insurance	$224	$38
State Farm	$353	$59
Progressive	$620	$104
USAA	$673	$113
Farm Bureau	$764	$130
Travelers	$946	$158
Shelter	$1122	$191
Allstate	$1144	$191
Farmers	$1358	$231
Nationwide	$1556	$259

Car Insurance Price Trends in New Albany, Mississippi

Car insurance rates in New Albany have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the New Albany remained steady at $184 in both November and October, indicating no change over the two month period.

The average cost of liability insurance in the New Albany remained steady at $41 in both November and October, indicating no change over the two month period.

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Frequently Asked Questions

How much is car insurance in New Albany?

The car insurance in New Albany is $23 per month, which is lower than the national average.

What is the cheapest car insurance in New Albany?

The cheapest car insurance in New Albany is $59 per month for full coverage.

How much is car insurance in New Albany for teenagers?

Car insurance for teenagers costs $176 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in New Albany?

The average cost of car insurance is $868 for a six-month policy. It will cost around $131 per month to insure your car in New Albany.

Is car insurance expensive in New Albany?

Car insurance can be expensive in New Albany if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in New Albany can be affordable.

What is the best car insurance in New Albany, MS?

The best car insurance company in New Albany MS is Direct General Insurance, offering $347 for a six-month policy.