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Tracking down the cheapest homeowners insurance for you takes some digging and comparing quotes from multiple home insurance companies.

Home insurance companies gauge risk differently from one another. One insurer may put more emphasis on one metric and not as much on another.

That’s why getting quotes from at least three homeowners insurance companies is an essential part of shopping for the cheapest homeowners insurance in Mississippi. We found that Mississippi Farm Bureau has the lowest average home insurance rates in Mississippi at $2,560 per year on average.

Let’s take a look at homeowners insurance in Mississippi and how to find the best home insurance rates.

Key Takeaways

  • The cheapest homeowners insurance for $300,000 dwelling coverage, $300,000 liability protection and $1,000 deductible in Mississippi is offered by Mississippi Farm Bureau at $2,560 per year.
  • The homeowners insurance in Mississippi is $1,035 more than the national average.
  • The zipcode 38641 offers the cheapest homeowners insurance in Mississippi at $2,613 per year.

Cheap homeowners insurance companies in Mississippi

Mississippi Farm Bureau, Safeco and USAA have the three cheapest Mississippi homeowners insurance rates, on average.

Here are average annual premium for homeowners insurance in Mississippi for a policy with $300,000 dwelling coverage and $300,000 liability protection with a $1,000 deductible.

CompanyAverage annual premiumAverage monthly premium
Mississippi Farm Bureau$2,560$213
Safeco$2,717$226
USAA$2,874$239
Nationwide$3,347$279
Allstate$3,381$282
State Farm$5,091$424
Farmers$5,630$469
Foremost$5,833$486
Travelers$6,504$542

Compare cheap homeowners insurance in Mississippi by ratings

Experts at Insure.com compared the cheapest homeowners insurance companies in Mississippi based on J.D. Power score and AM best rating. Among the carriers surveyed, USAA received the highest J.D. power score — 882 out of 1000.

Find below the list of cheap homeowners insurance companies and J.D. Power score and AM Best rating.

CompanyJ.D. Power scoreAM Best rating
USAA882A++
State Farm835A++
Allstate829A+
Farmers813A
Nationwide812A+
Safeco810A
Travelers800A++

How much is home insurance in Mississippi

The average homeowners insurance in Mississippi is $3,340 for $300,000 dwelling and $300,000 liability coverage with a $1,000 deductible.

Beyond location, insurance providers also consider claims history for you, your home and the area; building costs; coverage level; and credit history.

Filing multiple claims is one way to see much higher home insurance premiums.

Average annual premiumAverage monthly premium
$3,340$278

Cheapest homeowners insurance in Mississippi by ZIP code

Homeowners insurance costs vary in Mississippi. Location, including ZIP code, is just one aspect of home insurance costs.

Here are the average home insurance cost by city/ZIP codes in Mississippi:

ZIP codeAverage annual premiumAverage monthly premium
38641$2,613$218
38651$2,634$220
38654$2,636$220
38680$2,641$220
38632$2,643$220
39520$2,654$221
38949$2,663$222
38655$2,667$222
38601$2,670$222
38677$2,676$223
38675$2,729$227
39560$2,743$229
38672$2,765$230
39501$2,766$230
38874$2,770$231

Know how much is home insurance in other states

Alaska$1,799/Year
Alabama$2,981/Year
Arkansas$3,439/Year
Arizona$1,976/Year
California$1,166/Year
Colorado$3,082/Year
Connecticut$1,961/Year
Washington D.C.$1,488/Year
Delaware$1,521/Year
Florida$3,439/Year
Georgia$2,555/Year
Hawaii$499/Year
Iowa$2,540/Year
Idaho$1,842/Year
Illinois$2,201/Year
Indiana$2,423/Year
Kansas$3,931/Year
Kentucky$2,862/Year
Louisiana$3,270/Year
Massachusetts$1,920/Year
Maryland$1,518/Year
Maine$1,833/Year
Michigan$2,153/Year
Minnesota$3,010/Year
Missouri$3,111/Year
Montana$2,809/Year
North Carolina$2,009/Year
North Dakota$2,601/Year
Nebraska$3,133/Year
New Hampshire$1,455/Year
New Jersey$1,744/Year
New Mexico$2,299/Year
Nevada$1,486/Year
New York$1,840/Year
Ohio$2,107/Year
Oklahoma$4,445/Year
Oregon$1,608/Year
Pennsylvania$1,720/Year
Rhode Island$2,125/Year
South Carolina$2,678/Year
South Dakota$3,172/Year
Tennessee$2,692/Year
Texas$3,429/Year
Utah$1,378/Year
Virginia$1,956/Year
Vermont$1,212/Year
Washington$1,514/Year
Wisconsin$1,732/Year
West Virginia$2,486/Year
Wyoming$2,083/Year
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Les Masterson
Contributor

 
  

Les, a former managing editor, insurance, at QuinStreet, has more than 20 years of experience in journalism. In his career, he has covered everything from health insurance to presidential politics.

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