Thats for a home insurance policy with 300000 in dwelling coverage and 100000 in liability insurance.

How much is homeowners insurance in mississippi. The average annual premium is a whopping 1537 in the Magnolia State making it the seventh most costly state to purchase homeowners insurance. The national average is 2305 but most people pay somewhere between 1500 and 3000 each year on homeowners insurance. On average Americans pay 1173 a year for their homeowners insurance.

In fact statistics show that the average annual premium for homeowners is 1525 in MS. Coverage types differ based on the number of perils causes of loss covered. Mississippi homeowners association insurance protects your HOA from lawsuits with rates as low as 57mo.

Average Cost of Homeowners Insurance in Mississippi According to the Insurance Information Institute the average cost for homeowners insurance is 1537 which is significantly higher than the national average of 1211. You can protect your home whether you live in Gulfport Jackson or any other of Mississippis great cities and towns. The homeowners insurance packages most commonly offered in Mississippi are HO-3 special form HO-4 renters insurance HO-5 comprehensive HO-6 townhouse condominium and HO-8 modified coverage form.

Homeowners insurance is not cheap in Mississippi. If you bump up liability to 300000 the national average cost is 2305. With the average cost of home insurance at 1773 per year Mississippi is more expensive than the national average of 1477.

Mississippi Homeowners Association Insurance - Cost Coverage 2021. While researching Mississippis homeowners insurance market we compared the price of coverage across all the states ZIP codes and found that the average yearly price of protection from Travelers is the cheapest in the state at 1239. Most homeowners insurance policies have at least 100000 in liability coverage.

According to the National Association of Insurance Commissioners the average annual homeowners insurance premium is 1249. Even the states cheapest rate is more expensive than the national average which is 1083 annually. Just keep in mind that there are a variety of factors that influence the cost of a premium.