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.
| Company | AM Best | NAIC complaint ratio | Insurance.com score | Average annual rate |
|---|---|---|---|---|
| State Farm | A++ | 0.83 | 4.86 | $3,067 |
| Nationwide | A+ | 1.05 | 3.99 | $3,026 |
| Farmers | A | 0.67 | 3.64 | $4,813 |
| Allstate | A+ | 1.46 | 3.61 | $2,542 |
| Travelers | A++ | 1.1 | 2.69 | $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.
| 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 TexasMost & least expensive ZIP codes for homeowners insurance in Texas
Most expensive
| ZIP Code | City | Highest Rate |
|---|---|---|
| 77550 | Galveston | $10,164 |
| 77586 | El Lago | $9,906 |
| 77551 | Galveston | $9,536 |
| 77554 | Galveston | $9,358 |
Least expensive
| ZIP Code | City | Lowest Rate |
|---|---|---|
| 78559 | Iglesia Antigua | $1,956 |
| 78593 | Santa Rosa | $1,999 |
| 79915 | El Paso | $2,008 |
| 79905 | El Paso | $2,009 |
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 code | Average 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 code | Average annual rate |
|---|---|
| 39736 | $2,690 |
| 39753 | $2,737 |
| 39107 | $2,763 |
| 38880 | $2,806 |
| 38638 | $2,812 |
| 38675 | $2,828 |
Compare Mississippi homeowners insurance rates with other states
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