Homeowners insurance is not required by law. However, this coverage is required by mortgage and home equity lenders. Mississippi's high risks of tornadoes, hurricanes, wildfires and even property crimes give lenders and homeowners every reason to protect their investment with this insurance. When coupled with flood insurance, you will be covered for any water damage caused during these events.
On average, Americans pay $1,173 a year for their homeowners insurance. In Mississippi, rates are significantly higher with an average cost of $1,508, making this the 6th most expensive state for home insurance coverage. Your costs may be influenced by the home's size, age, value, and building materials, the crime rate and weather risks in your ZIP code, and even your credit score. Shopping around for the best rate has the potential to save you hundreds of dollars a year, and independent insurance agents make comparison shopping easy.
I used TrustedChoice to find my home insurance. Melissa was my agent and she was delightful and very helpful. They were very convenient and did everything in a timely manner; it was a good experience and I'd recommend TrustedChoice to others.Sandy of Vicksburg, MS Consumer Affairs
Home insurance is designed to cover the costs associated with hazards you may encounter as a property owner in Mississippi. A comprehensive policy can let you rest assured that the investment you have made in your home is well-protected. A local independent insurance agent can help you review your policy options, determine how much coverage you need, and ensure that you are covered against all the risks you face.
Flood damage is not covered by home insurance, even if the flooding is the direct result of a covered hurricane. If you live in a flood zone or are at risk for flash floods, your insurance agent can help you supplement your homeowners coverage with a flood insurance policy through the National Flood Insurance Program (NFIP).
Currently, there are 208 independent insurance agents in Mississippi who are available to help you find a suitable homeowners insurance policy. Independent agents are free to work with several different insurance providers, so they can obtain a variety of customized home insurance quotes that you can review and compare together. Let a local independent agent help you find a reliable policy that meets your coverage and budgetary needs.