Home Insurance in Mississippi

Home insurance in Mississippi is well above the national average, with Gulf Coast hurricanes and frequent tornadoes both driving up costs.

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Mississippi at a glance

Data as of 2022

Average cost

$1,907/yr

$159/mo

vs U.S. average

+22%

above the national avg of $1,569/yr

Top risks

Hurricanes & tornadoes

Source: NAIC (2022). Average annual premium for owner-occupied HO-3 homeowners policies.

Home insurance in Mississippi is well above the national average, with Gulf Coast hurricanes and frequent tornadoes both driving up costs.

How much does home insurance cost in Mississippi?

The average homeowner in Mississippi pays $1,907 per year for home insurance — that’s 22% above the U.S. national average of $1,569/yr. Your own rate depends on your home’s rebuild cost, age, construction, location, and claims history.

Mississippi vs the national average

22% above the national average of $1,569/yr.

MississippiNational avg

Source: NAIC (2022). Average annual premium for owner-occupied HO-3 homeowners policies.

What drives home insurance costs in Mississippi

Coastal counties carry the highest premiums and separate windstorm coverage or deductibles. Inland homes are priced for tornado and severe-storm risk; flooding is excluded.

What home insurance covers

A standard Mississippi homeowners (HO-3) policy bundles several coverages. Note what’s not included — flood and earthquake always require separate policies.

CoverageWhat it coversIn a standard policy?
Dwelling (Coverage A)The structure of your home itselfCore coverage
Other structures (B)Detached garages, fences, shedsIncluded
Personal property (C)Your belongings — furniture, electronics, clothesIncluded
Liability (E)Injuries to others or damage you’re responsible forIncluded
Loss of use (D)Living expenses if your home is uninhabitableIncluded
Flood / earthquakeFlood and quake damageExcluded — separate policy

Homeowners insurance is not legally mandated, but mortgage lenders require it for the life of your loan.

How to lower your home insurance in Mississippi

Rates for the same home can vary widely between insurers in Mississippi, so comparing several quotes is the most effective way to save. A few other ways to lower your premium:

  • Raise your deductible if you can cover it in a claim
  • Bundle home and auto insurance with one carrier
  • Harden your home against local risks (impact-resistant roof, storm shutters, defensible space) for discounts
  • Improve security — alarms, smoke detectors, water-leak sensors
  • Avoid small claims so you keep claims-free discounts

Average premium data last verified June 6, 2026. Source: NAIC. Figures are statewide averages — your quote will differ based on your specific home.

Mississippi home insurance FAQs

Common questions about homeowners insurance in Mississippi

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