The price of car insurance will be going up for a significant number of people in Mississippi.
A new law passed by the Mississippi Legislature this year is raising minimum requirements for liability insurance. It goes into effect Jan. 1, 2006.
Local insurance agents say it will raise rates for about a third of their customers, but in the long run they say it will be good for everyone.
State Farm has already begun sending out notices to customers that their rates will be going up the next time their policies are renewed.