Looking for cheap renters insurance in Mississippi? Consider getting quotes from USAA, Nationwide and State Farm. In our analysis these companies offer the cheapest rates of all the carriers surveyed. But it’s smart to get multiple quotes for Mississippi renters insurance because the prices vary a lot among carriers. Below is the list of cheapest renters insurance companies in Mississippi:

  • USAA
  • Nationwide
  • Mississippi Farm Bureau
  • State Farm
  • Allstate

Cheapest renters insurance companies in Mississippi

According to Insure.com’s analysis, USAA offers the cheapest renters insurance in Mississippi at about $197 a year or $16 per month. Nationwide is in second place with an average annual rate of $349. However, the cost of your premium may vary depending on factors specific to you.

CompanyAverage annual rateAverage monthly rate
USAA$197$16
Nationwide$349$29
Mississippi Farm Bureau$350$29
State Farm$455$38
Allstate$477$40
Travelers$522$44
Safeco$642$53
Farmers$712$59
Foremost$1,190$99

Average cost of renters insurance in Mississippi by coverage level

The average cost of renters insurance in Mississippi is $393 per year or $33 per month. These rates are for coverage level of $20,000 for personal property, $300,000 for liability protection and $1000 as deductible.

Whereas, renters insurance costs $600 annually for coverage limit of $40,000 as personal property, $300,000 for liability and $1000 deductible.

Coverage levelAvg. annual renters insurance rateAvg. monthly renters insurance rate
$20,000$393$33
$40,000$600$50
$60,000$800$67

Most affordable ZIP codes for renters insurance in Mississippi

38637 is the most affordable zip code for renters insurance in Mississippi. Our insurance experts have analyzed price quotes from all the major carriers in Mississippi and put together a list of the most affordable zip codes with cheapest renters insurance.

ZIP codeAverage annual rateAverage monthly rate
38637$528$44
38654$530$44
38671$533$44
38601$536$45
39741$537$45
38632$539$45
38874$540$45
38629$541$45
38829$542$45
38611$543$45

Least affordable ZIP codes for renters insurance in Mississippi

Of all the zip codes analyzed by Insure.com, 39534 is the least affordable zip code for renters insurance in Mississippi. Its average annual rate for Mississippi renters is $854 a year or $71 per month. The insurance rates in a city can vary depending on many factors, such as crime rate and weather. A population with a low crime rate will have much lower premiums in comparison to other areas.

ZIP codeAverage annual rateAverage monthly rate
39534$854$71
39507$852$71
39530$849$71
39553$848$71
39501$847$71
39595$845$70
39540$840$70
39567$838$70
39560$837$70
39555$833$69

Renters and auto bundle discounts in Mississippi

Bundling with your auto insurance is a great way to save money on renters coverage. If you purchase your auto and renters insurance policies from the same company you can save an average of $135 per year in Mississippi.

Below is a list of companies that offer cheap rates upon bundling and you can also find how much you will have to pay if you don’t bundle your policies.

CompanyAverage annual rateAverage base annual rate (without bundling)$ bundle average savings% bundle average savings
Direct Gen of MS$1,197$1,233$363%
State Farm$1,273$1,331$594%
Mountain Laurel Assur Co$1,386$1,458$725%
Nationwide$1,469$1,705$23614%
Mississippi Farm Bureau Cas $1,526$1,863$33818%
Standard Fire $1,733$1,824$915%
Geico$1,862$1,920$573%
Progressive Gulf $1,889$2,005$1166%
Alfa rp$2,029$2,267$23810%
Allstate$2,395$2,503$1094%

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