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The average cost for renters insurance in Mississippi is $579 a year, according to a rate analysis by Insurance.com. There are a lot of things to consider when looking for the best renters insurance in Mississippi. Price is always a consideration, but it's not the only thing you should take into account when deciding on a renters insurance company. You should compare the policies offered by different companies on the basis of the average rate, coverage options, and customer service.

We have put together this guide to help you make the right decision. In this guide, you will find the cheap renters insurance companies. Besides, you can compare the companies based on their average rate and rating. Keep on reading this resource to find the best renters insurance company in Mississippi for your specific needs and budget.

Best renters insurance companies in Mississippi

When it comes to choosing the best renters insurance company in Mississippi, you want to make sure that you are comparing apples to apples. Our experts at Insurance.com have compared quotes, coverage options and J.D Power score from all the major insurers in Mississippi. Below is the list of best renters insurance companies in Mississippi:

  • USAA
  • State Farm
  • Nationwide
  • Allstate
  • Farmers

Compare best renters insurance companies in Mississippi

USAA tops the list of best renters insurance companies in Mississippi with 893 J.D. Power scores, the highest among the carriers surveyed. Its average rate for Mississippi residents is $212 annually--- $113 less than the national average ($326). But USAA only offers services to people in the military and their families.

Apart from USAA, you can get a renters insurance policy from companies like State Farm, Nationwide, Allstate, Farmers, and Travelers. If you want an affordable renters insurance policy, compare these insurance providers on the basis of their J.D. Power score and average rates that are mentioned in the table below.

CompanyJ.D. Power scoreAverage annual rate
USAA893$212
State Farm866$473
Nationwide834$411
Allstate833$825
Farmers831$764
Travelers815$586

How much is renters insurance in Mississippi

The average renters insurance policy in Mississippi costs around $579 per year or $48 a month. However, premiums can vary significantly depending on a number of factors, including your coverage limits, the amount of your deductible, and the type of property you want to insure.

Renters insurance policies in Mississippi typically provide two types of coverage: personal property coverage and liability coverage. Personal property coverage helps protect your belongings in case they're damaged or stolen, while liability coverage provides protection if someone is injured, or their property is damaged as a result of an accident that occurred at your home.

Average annual premiumAverage monthly premium
$579$48

10 Most expensive zip codes in Mississippi for renters insurance

Renters insurance is a necessary purchase for anyone who rents a home or apartment, but the cost of coverage can vary depending on the zip code. Some zip codes in Mississippi are more expensive than others when it comes to renters insurance premiums. The most expensive zip code for renters insurance in Mississippi is 39534 and its average annual rate for Mississippi renters is $854.

The 10 most expensive zip codes for renters insurance in the state are listed below.

ZIP codeAverage annual rate
39534$854
39507$852
39530$849
39553$848
39501$847
39595$845
39540$840
39567$838
39560$837
39555$833

10 Least expensive zip codes in Mississippi for renters insurance

The least expensive zip code for renters insurance in Mississippi is 38637, its average annual cost is $528. Below are the 10 least expensive zip codes in Mississippi for renters insurance premiums. These areas may typically have lower property value or fewer risks associated with renting, which results in lower premiums for renters insurance.

ZIP codeAverage annual rate
38637$528
38654$530
38671$533
38601$536
39741$537
38632$539
38874$540
38629$541
38829$542
38611$543

Cheap renters insurance in Mississippi by carrier

When it comes to renters insurance, it’s important to shop around and compare rates to make sure you’re getting the best deal possible. Each of these carriers typically offers competitive rates for renters insurance coverage in Mississippi. Based on Insurance.com's rate analysis, USAA is the cheapest renters insurance provider. It offers a standard renters insurance policy at an average of $197 annually. Although, USAA only offers services to military members and their families.

Find below the list of cheapest renters insurance companies in Mississippi along with their average annual premium.

Company nameAverage annual premium
USAA$197
Nationwide$349
Mississippi Farm Bureau$350
State Farm$455
Allstate$477
Travelers$522
Safeco$642
Farmers$712
Foremost$1,190