Home insurance in Mississippi*

The average cost of Mississippi home insurance premiums is $1,766, according to the latest data from the National Association of Insurance Commissioners in 2021, but many states have seen significant price increases since then. Mississippians pay some of the highest rates in the country, but your home’s premiums and risks depend on its location and other characteristics, so the best way to see if you can save is to get a quote.

No, home insurance isn’t required by law in Mississippi (nor in any other U.S. state), but almost all mortgage lenders require it before you can buy a home. Even if your lender doesn’t require home insurance, it’s a good financial investment that can save you thousands of dollars in out-of-pocket repair costs.

Mississippi sees frequent and severe storms, including tornadoes and hurricanes, which impact the cost of home insurance premiums since natural disasters make homes riskier to insure. But the cost of your home insurance also depends on exactly where you live, the age of your home, your home’s characteristics, and other factors.

You can’t actually buy a hurricane insurance policy, but don’t worry. Damage caused by hurricane winds is already covered by standard Mississippi homeowners insurance. However, damage caused by storm surges typically requires separate flood insurance.

You also aren’t required to have wind and hail coverage in Mississippi, but homeowners policies purchased through Kin typically include it. Mississippians should look at their home insurance policies closely, because some providers don’t cover wind and hail damage.

Mississippi homeowners are also eligible for our Signature Coverage Collection. This array of endorsements is designed specifically for high-value homes and their contents.