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Mississippi Homeowners Insurance Coverage

Whether you own a beachside haven on the Gulf or a suburban four-bedroom near Jackson, with a Farmers Smart Plan Home® policy you can choose quality coverage for your Mississippi lifestyle today, with many ways to help you save.

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Find a Farmers agent in Mississippi

Is homeowners insurance required in Mississippi?

No, homeowners insurance is not required by law in Mississippi. However, in order to get a home loan, your mortgage lender will likely require you to obtain a certain amount of insurance coverage.

What does homeowners insurance cover in Mississippi?

Every policy is different, but home insurance policies in Mississippi typically come with several standard coverages.

  • Dwelling (Coverage A). This coverage helps you pay for damage to your home from a covered event, such as a fire, windstorm, lightning or hail.

  • Other structures (Coverage B). This coverage is intended to help cover structures that aren’t connected to your home, like a fence or shed.

  • Personal property (Coverage C). This coverage can help you repair or replace your personal belongings if they are stolen or damaged.

  • Loss of use, or additional living expense coverage (Coverage D). This coverage can help you pay to stay somewhere else if your home is uninhabitable due to covered damage.

  • Personal liability (Coverage E). This coverage helps pay for accidental property damage or injuries for which you are liable.

Typical home insurance policies in Mississippi cover damage caused by events such as:

  • Fire
  • Vandalism and theft
  • Lightning strikes
  • Wind
  • Hail
  • Explosions
  • Falling objects
  • The weight of snow or ice

Flooding, a common risk in parts of Mississippi, is not covered. However, special flood insurance through the National Flood Insurance Program (NFIP) may be available.

Home insurance coverage options in Mississippi

Farmers Smart Plan Home in Mississippi gives you three highly customizable packages as a starting point:

  • Standard — Reduced coverage for a reduced price
  • Enhanced — Provides higher coverage limits and extra features 
  • Premiere — Comes with the highest coverage limits and greatest choice of features

Within each package, you have the flexibility to adjust coverage types and limits so that your home is insured the way you want.

Learn more about Smart Plan Home coverage

How much does homeowners insurance generally cost in Mississippi?

The average premium for home insurance coverage in Mississippi is $1,674 per year1, according to a 2020 report (the most recent data available) by the National Association of Insurance Commissioners (NAIC). That’s more than the national average of $1,311 a year, according to same report. However, insurance costs in most states have changed since then. Also, the amount you pay may be different, depending on things like the value and age of your home, how much personal property you want to cover, what deductible you choose and risks specific to your area.

Mississippi home insurance discounts

Farmers® offers a variety of savings opportunities for eligible home insurance customers in Mississippi, including:

  • Multi-policy
  • Protective devices
  • Non-smoker

See more information and additional discounts that may be available in Mississippi.

Northern Mockingbird

bird image

Mockingbirds can sing 200 or more songs, but their repertoire doesn’t stop there. They can also imitate manmade sounds like machinery and at least 12 different North American frogs and toads. — National Audubon Society

More coverage options in Mississippi

Mississippi car insurance

Find minimum state requirements for auto insurance in Mississippi, available discounts and more.

View car insurance details and discounts for Mississippi

Mississippi renters insurance

Renters insurance can help cover what your landlord’s insurance policy doesn’t, such as furniture, electronics and other personal belongings.

View renters insurance details and discounts for Mississippi

Learn more about home insurance

Learn From Experience

Read real-life stories about insurance, renovations, home safety and more from pros and homeowners like you.

In a Flash, Lightning Can Fry Every Appliance (and More) In a Home. But Saving Homes From Lightning Strikes Isn’t Impossible.

These homeowners saw expensive electronics zapped and meteor-sized holes appear in their yards after a lightning strike — just a few examples of the $900 million in damage lightning causes to homes in the U.S. every year.

When outside forces — think: inflation, natural disasters, supply chain issues, rising construction costs — impact either (or both) of those factors, it can explain why rates may be increasing. But there are steps you can take to help keep your costs down. 

Generally, if the cause is sudden and accidental — if an appliance or bathroom fixture springs a leak or a storm blows a tree through your roof and rain pours in — the typical homeowners insurance policy covers resulting water damage. 

1 Based on average premium for HO-3 type open perils homeowners policies.