Average Renters Insurance Cost in Mississippi

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

Renters insurance costs in Mississippi vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in Mississippi is $387 per year or $32 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ.

Key Takeaways

The average cost of renters insurance in Mississippi is $387 per year or $32 per month.
State Farm provides the least expensive renters insurance in Mississippi at an average rate of $291 annually.
Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Mississippi.

Average renters insurance cost in Mississippi per month

In Mississippi, the average cost of renters insurance is $32 per month. However, the exact premiums may vary based on factors like your location, the value of your belongings, and the amount of coverage you choose. It’s always a good idea to compare quotes from multiple insurers to ensure you get the best deal.

Average renters ins cost per month	Difference compared to national average
$32	$10 more

Average renters insurance cost in Mississippi by company

State Farm offers the most affordable renters insurance in Mississippi at an average annual rate of $291, followed by Nationwide and Southern Farm Bureau, based on our data.

However, you should get multiple quotes from various renters insurance companies in Mississippi because the prices vary greatly among carriers.

Below, we have compared the average annual and monthly renters insurance rates of insurance companies across Mississippi.

Company	Average annual rate	Average monthly rate
State Farm	$291	$24
Nationwide	$302	$25
Southern Farm Bureau	$315	$26
Farmers	$394	$33
Travelers	$764	$64
Allstate	$793	$66
USAA*	$148	$12

*USAA is only available to military community members and their families.

Renters insurance calculator in Mississippi

$367/year

Estimated renters insurance rates in Mississippi

$31

Monthly renters insurance cost in Mississippi

49%

Compared to national average

Average cost of renters insurance in Mississippi by coverage level

On average, Mississippi renters pay $387 each year for insurance for a coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.

Reducing your personal property coverage from $40,000 to $20,000 can lower your renters insurance cost in Mississippi to $269 per year. This policy still includes $300,000 in liability protection and a $1,000 deductible. However, you should ensure that $20,000 is adequate coverage for your personal belongings before making this change.

Below are the average annual renters insurance costs in Mississippi for personal property coverage of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$276	$23
$20,000 with $500 Deductible and $300,000 Liability	$295	$25
$20,000 with $1,000 Deductible and $100,000 Liability	$250	$21
$20,000 with $1,000 Deductible and $300,000 Liability	$269	$22
$40,000 with $500 Deductible and $100,000 Liability	$406	$34
$40,000 with $500 Deductible and $300,000 Liability	$425	$35
$40,000 with $1,000 Deductible and $100,000 Liability	$367	$31
$40,000 with $1,000 Deductible and $300,000 Liability	$387	$32
$60,000 with $500 Deductible and $100,000 Liability	$545	$45
$60,000 with $500 Deductible and $300,000 Liability	$565	$47
$60,000 with $1,000 Deductible and $100,000 Liability	$491	$41
$60,000 with $1,000 Deductible and $300,000 Liability	$511	$43

Average cost of renters insurance in Mississippi by city

Renters insurance rates can vary widely between cities. To make finding the right policy easier, we’ve broken down the costs by city. Discover how much renters insurance typically costs in different areas of Mississippi.

Renters insurance rates in Mississippi by city

See rates in your city

Biloxi

Average cost of renters insurance in Mississippi by ZIP code

Renters insurance costs in Mississippi vary by ZIP code. Below, we’ll cover which ZIP codes have the most affordable coverage and which areas have the highest premiums.

Most affordable ZIP codes for renters insurance in Mississippi

How much Mississippi renters pay for insurance depends on the ZIP code they live in. 39361 is the most affordable ZIP code for renters insurance in Mississippi among all the ZIP codes analyzed, at $327 a year on average.

Rates vary by ZIP code, so comparing quotes is one of the easiest ways to get the best deal on renters insurance in Mississippi.

ZIP code	City	Average annual rate	Average monthly rate
39361	Shuqualak	$327	$27
39162	Satartia	$330	$27
39354	Preston	$332	$28
39057	Conehatta	$332	$28
39323	Chunky	$332	$28
39352	Porterville	$333	$28
38923	Coila	$334	$28
38913	Banner	$334	$28
39309	Meridian	$334	$28
38951	Pittsboro	$334	$28

Least affordable ZIP codes for renters insurance in Mississippi

39558 is the most expensive ZIP code for renters insurance in Mississippi, at an average cost of $646 annually or $54 monthly.

We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in Mississippi. The table below shows the average annual renters insurance rates by ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
39558	Lakeshore	$646	$54
39595	Pascagoula	$646	$54
39555	Hurley	$637	$53
39581	Pascagoula	$629	$52
39553	Gautier	$627	$52
39571	DeLisle	$627	$52
39564	Gulf Hills	$626	$52
39520	Bay St. Louis	$625	$52
39567	Pascagoula	$624	$52
39530	Biloxi	$623	$52

Final thoughts: Average renters insurance in Mississippi

Renters insurance is a must for Mississippi renters. It protects personal belongings from damage caused by fire, theft, vandalism and natural disasters, giving renters confidence and peace of mind.

Finding the most affordable renters insurance requires shopping around and comparing quotes from multiple insurers. To make an informed choice, consider not just the price but also the coverage options, deductibles, and customer reviews.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.