How does Tupelo compare to the surrounding area and the rest of Mississippi? What should residents of Tupelo expect to pay for their car insurance? Discover the factors that go into calculating the average cost in our writeups and charts below:
In This Article:
- Average Car Insurance Rates in Tupelo
- Average Rates by Age
- Average Rates for Men vs. Women
- How Your Driving Record Affects Rates
- Recent Rate Trends
- Frequently Asked Questions
How much is car insurance in Tupelo?
| Area | Average Monthly Car Insurance Premium |
|---|---|
| Tupelo | $56 |
| MS | $65 |
| United States | $81 |
Looking at the chart above, you can see it's around $9 a month cheaper to insure your vehicle in Tupelo than it is in the rest of Mississippi.
Similarly, car insurance rates in Tupelo are often favorable when viewed against the rest of the country. It's around $25 less to insure your vehicle compared to the average rate for the U.S. as a whole.
While these are the average car insurance rates for Tupelo, keep in mind that you could end up paying a different amount. Insurance companies weigh a variety of factors when determining how much to charge you for car insurance. The bill 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.
We've broken down average rates for Tupelo to help you understand what your policy's monthly premium will cost. And if you're not certain that you're paying the lowest option, simply enter your ZIP below and find out in just minutes!
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Average Car Insurance Rates by Age
| Age Range | Average Premium |
|---|---|
| Under 18 | Not Enough Data |
| 18-24 | $79 |
| 25-34 | $58 |
| 35-44 | $56 |
| 45-54 | $39 |
| 55-64 | $41 |
| 65+ | $66 |
Generally, the older you are, the more experienced you are on the roads. When it comes to car insurance rates, that experience can really pay off. As you can see, 18-24-year-olds pay about $13 more than drivers 65 and older.
As you get older, you can expect to see a drop in your monthly premium every 10 years. You may see your rates creep back up once you hit retirement in Tupelo.
Average Car Insurance Rates by Gender
| Gender | Average |
|---|---|
| Male | $53 |
| Female | $59 |
Despite the national trend of women paying less than men for insurance coverage, in Tupelo men actually pay $53 per month for coverage while women pay $59.
Average Auto Insurance Rates by Driving Record
| Infractions | Average Monthly Premium |
|---|---|
| 1 Accident | $69 |
| Multiple Accidents | $72 |
| 1 Ticket | $48 |
| Multiple Tickets | Not Enough Data |
Your driving record can have a huge impact on your car insurance rates. Drivers who avoid accidents and tickets will pay much lower rates than those with infractions. In Tupelo, a driving record with a single accident will usually get you a rate around $69 a month. In addition, drivers with one ticket can expect to pay around $48 a month on average.
Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.
Average Insurance Rates by Vehicle
| Vehicle Age | Average Monthly Premium |
|---|---|
| Less Than 1 Year | $43 |
| 2-3 Years | $50 |
| 4-5 Years | $53 |
| 6-7 Years | $43 |
| 8-10 Years | $56 |
| 11-14 Years | $53 |
| 15 Years or Older | $69 |
According to the first table above, SUVs are typically the cheapest vehicles to insure in Tupelo, with drivers paying around $52 per month for auto insurance coverage.
SUV owners will see rates of about $52, while truck and van owners by and large pay around $65 a month.
Depending on your vehicle's age, you can also expect to see slightly different rates. Generally, newer vehicles are going to be the most expensive to insure. Once your car is close to 5 years old however, your rates may start to dip back down a bit. The most expensive vehicles to insure in Tupelo are vehicles fifteen years and older.
Average Car Insurance Rates by Relationship Status
| Relationship | Average Monthly Premium |
|---|---|
| Single (never married) | $58 |
| Married | $57 |
| Divorced | $47 |
| Widowed | $42 |
Generally, married policyholders will pay slightly less to insure their vehicle. This usually boils down to owners having multiple vehicles on the same policy, something some companies will reward with discounts.
Despite married couples normally paying less than single drivers for auto insurance, the rates for both groups in Tupelo are on par with each other.
Average Car Insurance Rates by Housing Situation
| Housing Status | Average Monthly Premium |
|---|---|
| Own | $55 |
| Rent | $52 |
| Live with parents | $158 |
Another factor that comes into play is your housing situation. Renters can expect to pay around $3 a month less than homeowners in Tupelo. But if you live with your parents, your rates will be significantly higher.
That said, if you bundle your homeowners or rental insurance policy with your auto insurance, many companies will offer you a discount to make up for it and reduce your average costs.
Car Insurance Companies in Tupelo, MS
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Recent trends in car insurance for Tupelo 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.
The rates for auto insurance in Tupelo increased from 2017-2018, before leveling out in 2019. They finished up in 2022, at $52 per month
How does Tupelo compare to neighboring areas?
Why are car insurance rates in Tupelo different from other areas?
There are many factors car insurance companies will consider when figuring out how much to charge for a monthly rate. While we've discussed the ones that affect your personal policy, others are based around where you live and drive. These include things like:
- Community laws
- Off-street parking access
- Number of car accidents
- Total number of drivers in the community
- Crime levels
It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Get started with a guide like this to get familiar with the average rates of your area.
How can I find the cheapest car insurance in Tupelo?
While getting familiar with 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 wait! Compare.com can handle all of this for you. Just punch in your ZIP Code below, answer a few questions on you and your car, and you'll be quickly comparing the cheapest quotes from several of the car insurance companies providing coverage in Tupelo.
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Tupelo Insurance FAQs
What factors affect car insurance quotes in Tupelo?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your credit score, driving record, address, and marital status.
Why is the cost of car insurance in Tupelo different from other neighboring cities?
Things like local laws, crime rates, and parking situations, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Tupelo?
There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.
Do I need to change my insurance if I move to Tupelo?
Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good 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. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Tupelo or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.
