Average homeowners insurance cost in Mississippi

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

Whether you’re buying a new home or want to protect the property you currently own, it’s important to have sufficient homeowners insurance coverage in place. But home insurance policies can get expensive, depending on the coverage level you choose and your insurer.

On average, Mississippi homeowners insurance costs $3,541 a year, based on Insure.com’s data.

Learn more about the average homeowners insurance rates by company and ZIP code in Mississippi.

Key Takeaways

Homeowners insurance costs an average of $3,541 a year, based on Insure.com analysis.
Amongst all the ZIP codes in Mississippi, 39736 has the most affordable home insurance rates, around $2,680 annually.
In Mississippi, Allstate provides the most affordable home insurance at an average annual premium of $1,315.

Average home insurance cost in Mississippi by coverage level

The average cost of homeowners insurance in Mississippi is $3,541 per year for the coverage limits of $300,000 dwelling coverage and $100,000 liability with a $1000 deductible.

However, if you increase the dwelling coverage from $300,000 to $400,000, you will pay $4,250 per year for homeowners insurance in Mississippi for $100,000 in liability protection and $1000 deductible.

Find below the average cost of homeowners insurance in Mississippi for dwelling coverage of $300,000, $400,000 and $500,000

Coverage	Average annual rate	Average monthly rate
$3,00,000 with $1,000 Deductible and $1,00,000 Liability	$3,541	$295
$4,00,000 with $1,000 Deductible and $1,00,000 Liability	$4,250	$354
$5,00,000 with $1,000 Deductible and $1,00,000 Liability	$4,644	$387

Homeowners insurance companies in Mississippi decide rates based on risks. They consider your location, claims history, credit history and coverage limits, etc., to calculate premiums.

If your neighborhood has seen many claims over the past few years, you can expect to pay higher home insurance rates than an area with few to no claims. Your credit score can also play a role in determining your home insurance costs.

Best homeowners insurance companies in Mississippi

It’s always wise to shop around and compare prices before you buy your home insurance. There are many factors that go into deciding the best homeowners insurance company.

We have compared the insurers in Mississippi using their J.D. Power score and AM Best rating and put together a list of the best homeowners insurance in Mississippi. Based on the analysis, USAA received the highest J.D. power score of 884 and A++ rating from AM Best.

Company	A.M. Best rating	J.D. Power rating	Overall score
USAA	A++	884	4.44
Allstate	A+	815	3.76
State Farm	A++	829	3.56
Nationwide	A+	816	2.97
Farmers Insurance	A	792	1.93

Average homeowners insurance cost by company in Mississippi

Allstate offers the most affordable homeowners insurance in Mississippi, at an average annual premium of $1,315 a year, followed by USAA and State Farm.

You can save hundreds— if not thousands of dollars each year if you shop around for homeowners insurance.

Here are the average annual and monthly insurance rates for Mississippi homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with a $1000 deductible.

Company	Average annual rate	Average monthly rate
Allstate	$1,315	$110
USAA	$2,804	$234
State Farm	$3,221	$268
Southern Farm Bureau	$3,274	$273
Nationwide	$3,526	$294
Farmers	$4,712	$393
Travelers	$8,445	$704

Mississippi homeowners insurance rates by ZIP code

Insurance companies in Mississippi assess the risk associated with a specific location. ZIP codes with higher crime rates, instances of natural disasters, or poor road conditions may be deemed higher risk, resulting in higher insurance rates. The cost of rebuilding or repairing homes in a specific ZIP code can also impact how much you pay for a home insurance policy.

Make sure you shop around and compare quotes from various insurance companies to get the best deal on homeowners insurance rates in Mississippi. Don’t forget to ask about any available discounts, such as bundling policies or a smart home discount.

Most affordable ZIP codes for home insurance rates in Mississippi

Not every area in Mississippi has the same home insurance cost. How much is home insurance in Mississippi depends on a lot of different factors and one of them is your ZIP code. 39736 ZIP has low cost home insurance rates in Mississippi, at about $2,680 a year or $223, based on Insure.com data.

Find below the homeowners insurance rates for some of the most affordable ZIP codes in Mississippi.

ZIP code	Average annual rate	Average monthly rate
39736	$2,680	$223
39107	$2,719	$227
39753	$2,720	$227
38880	$2,760	$230
38675	$2,818	$235
39769	$2,831	$236
39754	$2,832	$236
38879	$2,839	$237
38602	$2,850	$238
38638	$2,852	$238

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Mississippi by city

Final thoughts

Finding the right homeowners insurance company takes some digging and comparing quotes from various insurers.

Home insurance companies gauge risk differently from one another. That’s why getting quotes from at least three homeowners insurance companies is important for getting affordable homeowners insurance in Mississippi.

Methodology

Insure.com worked with Quadrant Information Service to get homeowners insurance data. To determine the average premiums, we analyzed 14,723,760 insurance quotes from 147 insurance companies across 34,587 ZIP codes.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level