Average home insurance cost in Mississippi

The average cost of homeowners insurance in Mississippi is $3,380 a year or $282 a month. This is based on coverage of:

  • $300,000 dwelling
  • $300,000 liability
  • $1,000 deductible.
  • 2% Hurricane deductible

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, your home's age, among other factors. It’s a good idea to compare price quotes from different Mississippi homeowners insurance companies to get the best deal.

Best home insurance companies in Mississippi

The best home insurance company in Mississippi is State Farm, followed by Nationwide and Farmers.

Below is a full list of the top Mississippi insurance companies based on price, NAIC complaints, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best home insurance companies in Mississippi
CompanyAM BestNAIC complaint ratioInsurance.com scoreAverage annual rate
State FarmA++0.834.86$3,067
NationwideA+1.053.99$3,026
FarmersA0.673.64$4,813
AllstateA+1.463.61$2,542
TravelersA++1.12.69$8,860

Cheapest home insurance companies in Mississippi

Below are Mississippi home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, Southern Farm Bureau has the most affordable rates in most categories by a considerable margin.

Cheapest home insurance rates in Mississippi by coverage level
Company$200,000$300,000$400,000$600,000$1,000,000
Southern Farm Bureau$1,725$2,361$2,963$3,503$4,454
USAA*$1,804$2,467$2,889$4,013$6,186
Allstate$2,117$2,542$3,167$4,524$7,303
Nationwide$2,254$3,026$3,824$5,572$9,319
State Farm$2,361$3,067$3,756$5,217$7,820
Farmers$3,436$4,813$6,498$10,159$18,552
Travelers$8,151$8,860$10,073$14,806$25,132

*USAA only provides coverage to military members, veterans and their families.

Mississippi home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Mississippi to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.

Home insurance calculator

Average home insurance rates in Texas
$200,000
$200,000 $300,000 $400,000 $600,000 $1,000,000
$100,000
$100,000 $300,000
Standard ($1000)
Standard ($1000) Hurricane (2% of insured value)

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive

ZIP CodeCityHighest Rate
77550Galveston$10,164
77586El Lago$9,906
77551Galveston$9,536
77554Galveston$9,358

Least expensive

ZIP CodeCityLowest Rate
78559Iglesia Antigua$1,956
78593Santa Rosa$1,999
79915El Paso$2,008
79905El Paso$2,009
Data refreshed as of Apr 2024

The most expensive ZIP codes in Mississippi for home insurance

Mississippi homeowners insurance rates are the most expensive for ZIP code 39581, with an average annual cost of $5,689. 

The most expensive ZIP codes in Mississippi are in these cities:

ZIP codeAverage annual Premium
39581$5,689
39595$5,687
39507$5,677
39563$5,669
39530$5,604
39531$5,594

The least expensive ZIP codes in Mississippi for home insurance

The cheapest ZIP codes for home insurance in Mississippi are:

ZIP codeAverage annual rate
39736$2,690
39753$2,737
39107$2,763
38880$2,806
38638$2,812
38675$2,828

Compare homeowners insurance rates by city in Mississippi

Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Mississippi.

CityAnnual insurance premium
Biloxi
$4,138
Greenville
$2,930
Gulfport
$4,097
Hattiesburg
$2,855
Jackson
$2,894
Madison
$2,716
Meridian
$2,541
Olive Branch
$2,567
Southaven
$2,549
Tupelo
$2,576

Compare homeowners insurance rates with other states

Alabama
$3,066/year
Alaska
$1,799/year
Arizona
$1,966/year
Arkansas
$4,073/year
Colorado
$3,388/year
Connecticut
$2,100/year
Delaware
$1,389/year
Florida
$4,218/year
Georgia
$2,163/year
Hawaii
$582/year
Idaho
$1,892/year
Illinois
$2,604/year
Indiana
$2,721/year
Iowa
$2,402/year
Kansas
$4,665/year
Kentucky
$3,163/year
Louisiana
$3,481/year
Maine
$1,407/year
Maryland
$1,630/year
Massachusetts
$1,518/year
Michigan
$2,607/year
Minnesota
$2,327/year
Missouri
$3,349/year
Montana
$2,874/year
Nebraska
$4,624/year
Nevada
$1,457/year
New Hampshire
$1,144/year
New Jersey
$1,299/year
New Mexico
$2,542/year
New York
$1,728/year
North Carolina
$2,768/year
North Dakota
$2,946/year
Ohio
$2,017/year
Oklahoma
$4,945/year
Oregon
$1,503/year
Pennsylvania
$1,760/year
Rhode Island
$1,774/year
South Carolina
$2,727/year
South Dakota
$3,529/year
Tennessee
$2,870/year
Texas
$4,142/year
Utah
$1,421/year
Vermont
$1,175/year
Virginia
$1,999/year
Washington
$1,659/year
West Virginia
$1,801/year
Wisconsin
$1,508/year
Wyoming
$1,801/year
Show more
Tip iconHelpful home insurance tools and calculators
Tip icon You might also be interested in