We evaluated homeowners insurance quotes for a sample 2,000 square foot home in 49 cities in the state of Mississippi in order to determine which cities had the highest and lowest annual home insurance costs. Based on this sample property, Mississippi homeowners pay on average $2,405 per year for home insurance. Home insurance prices in Mississippi vary by over 200% between the cities in our study. Below we profile a few cities in the state of Mississippi. Read more about our findings, or use our quote tool above to find homeowners insurance quotes in your area.
- Cheapest Home Insurance Companies in Mississippi
- Homeowners Insurance Rates in Mississippi's Largest Cities
- Top 5 Least Expensive Cities for Home Insurance In Mississippi
- Top 5 Most Expensive Cities for Home Insurance in Mississippi
Cheapest Home Insurance Companies in Mississippi
We gathered quotes for our sample home across 49 cities from State Farm, Allstate, and Nationwide. Quotes from each company were averaged to find which insurance companies had the best home insurance rates in Mississippi. The graph below shows the average annual costs to insure our sample home by company alongside the state average:
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Best Homeowners Insurance Rates in Mississippi's Largest Cities
We evaluated homeowners insurance rates across the largest cities in Mississippi. To ensure that we gathered comparable quotes, our study implemented control variables. On average, homeowners in the ten largest cities pay 8% less than the rest of the state on homeowners insurance. Based on our study, the cost for home insurance in the ten largest cities was an average of $2,201 per year.
Jackson, the largest city in the state of Mississippi, was founded in 1821 on the shores of the Pearl River. The city is the capital of the state and is named after Andrew Jackson. Jackson played a substantial role in American history with ties to many significant events during the Civil War. Our study shows that the average cost of home insurance in Jackson is $2,550 per year, which is $146 greater than the state mean.
Nationwide offered the most affordable home insurance quote in Jackson at an annual cost of $2,283. Allstate, the most expensive insurer in the city, quoted our sample home an annual cost of $2,866, which is $583 greater than Nationwide’s quote.
Gulfport is the second largest city in the state of Mississippi. The city is located on the coast of the Gulf of Mexico. The city is home to the Gulfport-Biloxi International Airport, which is located in the middle of town. Residents of Gulfport pay an average of $2,219 for homeowners insurance annually, which is 8% less than the state average.
The most affordable home insurance rate in the area was offered by Nationwide at $1,684. The second most affordable rate was offered by Allstate at $2,304, which is $620 greater than Nationwide’s quote. State Farm, the most expensive insurer in the area, offered a quote that is $265 greater than the state mean.
Southaven is the third most populous city in the state of Mississippi. Southaven is one of the five cities that make up DeSoto County. The city is well known in the region for its Annual Southaven Springfest, which is coming up on its 38th anniversary. Based on our research, the average homeowners insurance quote in the city is $1,666. Residents of Southaven pay 31% less for their homeowners insurance than the state mean.
Every insurer we gathered quotes from in Southaven offered an annual rate that is lower than the state average. The most expensive quote was offered by State Farm at $2,080, which is $325 less than the state average. Southaven is the least expensive city for homeowners insurance in the state of Mississippi.
The city of Hattiesburg is the fourth most populous city in the state of Mississippi. Hattiesburg is home to several universities including the University of Southern Mississippi, William Carey University, and the Healing Touch Career College. In a survey conducted in the city, it was found that the most common major in the city of Hattiesburg is registered nursing. The average annual homeowners insurance quote in Hattiesburg is $2,663 per year, which is 11% greater than the state mean.
If you’re looking for some affordable home insurance rates in Hattiesburg then we suggest starting with Nationwide which quoted our sample home a cost of $2,421 annually. State Farm offered the least affordable rate at $2,902 per year, which is $481 greater than the quote offered by Nationwide.
Biloxi, originally inhabited by Native Americans, is the fifth most populous city in the state of Mississippi. The city of Biloxi sits on the shore of the Gulf of Mexico. Biloxi is home to several casino resorts and breweries stationed all across the city. The mean home insurance rate in Biloxi is $2,168, which is $237 less than the state average.
Nationwide quoted the least expensive rate in Biloxi at $1,703 annually. That is $757 less than Allstate’s quote of $2,460. Allstate is the least affordable insurer in the city. In fact, Allstate was the only insurer in our study who offered a quote higher than the state mean.
Meridian is the sixth most populous city in the state of Mississippi. The city’s founders initially offered up free land to entice other people to move to Meridian. However, it was the railroads that eventually linked to the area that were responsible for the population growth in the city. Residents of Meridian pay an average home insurance cost of $1,871 based on our study.
Nationwide offered the lowest home insurance quote in Meridian at a rate of $1,352. The second most affordable insurer in the area, Allstate, offered a quote of $2,112, which is $760 more than Nationwide’s quote. Residents of Meridian pay 22% less on average for their home insurance than the state mean.
Tupelo is the seventh largest city in the state of Mississippi. The city is perhaps best known as the birthplace of rock and roll legend Elvis Presley. The city benefits from having access to major highways including Interstate 22 and Highway 45. Tupelo boasts over 1,900 hotel rooms in its city limits. Our research found that the average home insurance premium in Tupelo was $2,058, which is $347 less than the average in the state of Mississippi.
Tupelo has the seventeenth most affordable rates for home insurance in the state of Mississippi. Nationwide offered a quote of $1,462, which is $612 cheaper than the rate of $2,074 offered by State Farm. Allstate quoted the least affordable rate at $2,637 annually. Home insurance quotes in Tupelo varied by $1,175.
Greenville is the eighth largest city in the state of Mississippi. Its difficult to imagine this when you consider that the city was once ten feet under water due to a disastrous flood. The city has since recovered and now is home to great hunting and fishing locations. On average, residents of Greenville pay 21% less for their home insurance than the rest of the state.
Nationwide offered the lowest quote from the insurance companies sampled at an annual cost of $1,363. The next most affordable home insurance quote was given by Allstate at $2,100, which represents a $737 increase from the quote offered by Nationwide. All quotes collected in Greenville were lower than the state mean.
Olive Branch, MS
Olive Branch is the ninth most populous city in the state of Mississippi. The city is located in DeSoto County which was discovered 79 years before the Mayflower arrived at the famous Plymouth Rock. Residents of Olive Branch pay an average of $2,886 a year for homeowners insurance.
State Farm offered the lowest quote in the city at a cost of $2,267. The second most affordable homeowners insurance quote gathered was offered by Allstate at $2,332. Olive Branch ranks as the fifth least affordable city for homeowners insurance in the state of Mississippi. Residents pay $482 more than the state mean.
Horn Lake, MS
Horn Lake, the state’s tenth most populous city, is named after an actual nearby lake. The city is home to a variety of historic sites including the Circle G Ranch and the Octagonal House. Interestingly enough, the Circle G Ranch was once owned by Elvis Presley. Horn Lake has an average annual home insurance cost of $2,017, which is $388 less than the state mean.
Allstate quoted the cheapest home insurance quote in the area at $1,950. State Farm offered the most expensive home insurance quote at $2,109, which is $159 greater than the quote offered by Allstate. Horn Lake is ranked the thirteenth most affordable city for home insurance rates in the state of Mississippi.
Least Expensive Homeowners Insurance in Mississippi: by City
The graph below shows the five best cities for home insurance of all 49 cities which were part of this study. The cities are listed in order of mean price starting with the lowest average home insurance quote and ascending. Southaven is the cheapest city in Mississippi for homeowners insurance based on our study. Residents pay $1,666 annually on average, which is $739 lower than the state average.
According to our study, Southaven is the most affordable city in the state of Mississippi for homeowners insurance. On average, residents pay 31% less for their homeowners insurance policy when compared to the state mean. All quotes gathered in Southaven were less than the state mean.
Columbus offers the second most affordable homeowners insurance rates in the state of Mississippi. The mean home insurance quote in the city was $1,773, which is 26% cheaper than the state average. The most affordable quote in Columbus was offered by Nationwide at $1,254 annually.
Hernando ranks as the third least expensive city in Mississippi for homeowners insurance. The average home insurance quote gathered for the city of Hernando was $1,826, which is $578 less than the state mean. On a percentage basis, this represents a 24% discount.
Meridian offers the fourth most affordable home insurance rates in the state of Mississippi. Residents pay on average $1,871 per year, which is $534 less than the state average. The lowest rate in the city was offered by Nationwide at $1,352.
Greenville is ranked the fifth least expensive city in Mississippi for home insurance. On average, residents pay $1,908 for home insurance, which represents a 21% lower rate when compared to the state mean. On an annual basis, residents save $497 on homeowners insurance versus the state average.
Most Expensive Homeowners Insurance in Mississippi: by City
The graph below shows the five most expensive places of all 49 cities which were part of this study. The cities are listed in order of price starting with the highest average rate and descending. The figures listed represent the average home insurance rate in each city based on our study. The most expensive city for homeowners insurance was Wiggins where our research found an average annual rate of $5,264, which is $2,859 higher than the state average.
We studied 49 cities, spread out geographically all throughout the state of Mississippi. The sample home we looked at was built in the year 2000 and had 2,000 square feet. The property cost $200,000 and had an attached garage. Quotes for this home were obtained from State Farm, Allstate, and Nationwide insurance companies. The rates were then averaged to arrive at a mean for each city. To see an alphabetical list of all the cities included in the comparison analysis, please see below. We've displayed all cities from Aberdeen to Wiggins with the average annual cost of insurance for the benchmark property and how much each city costs relative to the statewide average.
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