Best Homeowners Insurance Companies in Mississippi

State Farm ranks No. 1 in our review of the best home insurance in Mississippi, followed by USAA and Allstate.

See if you're overpaying for home insurance below.

Written by Mark Fitzpatrick

Updated: January 29, 2026

Advertising & Editorial Disclosure

Mississippi's Top Home Insurance Companies: Key Takeaways

State Farm is the best home insurance provider in Mississippi with a score of 4.6 out of 5 from our review team.

USAA, Allstate, Nationwide and Foremost rank high for homeowners insurance in Mississippi based on affordable rates, strong customer service and reliable coverage.

The best insurer for your home depends on your coverage needs, budget and preferred features like claims service or discount availability.

Mississippi homeowners pay rates well below the national average. MoneyGeek analyzed premiums, J.D. Power satisfaction scores and coverage options from major insurers to find the best home insurance companies in Mississippi.

What Are the Best Home Insurance Companies in Mississippi?

State Farm ranks first for Mississippi homeowners with the state's lowest premiums and above-average customer satisfaction. USAA, Allstate, Nationwide and Foremost complete the top five, excelling in areas like military-focused service, premium coverage quality and local agent networks.


State Farm	4.6	$4,349	Most Mississippi homeowners
USAA	5.0	$2,811	Military families
Allstate	4.3	$5,123	Claims protection
Nationwide	4.3	$4,786	Digital tools
Foremost Insurance	4.3	$2,558	Cheapest rates

*Our ratings consider various combinations of coverage levels, home features and homeowner details to identify the best overall options. Rankings may differ based on your profile.

**Although USAA earned the highest score, we didn't rank it No. 1 due to its eligibility requirements.

State Farm

MoneyGeek Rating

4.6/ 5

4.8/5Affordability

4.3/5Customer Experience

4.2/5Coverage

J.D. Power Customer Satisfaction Score
657/1,000
Average Annual Premium
$4,349

pros
- Local agent network across Mississippi for claims support
- Strong financial stability
- Digital tools for 24/7 policy and claims management
cons
- Slow claims process during peak times
- Rates run above state average
- Limited add-on coverages in some regions
State Farm offers Mississippi's most affordable home insurance at $4,349 annually. The company includes replacement cost coverage for personal property and additional living expenses without requiring endorsements. State Farm works well for Mississippi homeowners who value local agent access combined with strong digital tools.

State Farm charges $4,349 annually for home insurance in Mississippi, 16% less than the state average of $5,161 but above the national average of $3,467. The company offers bundling discounts for combining multiple policies and home security system discounts for protective devices.


Older Homes	$378	$4,535
Newer Homes	$249	$2,994
Young Homeowners	$363	$4,360
Senior Homeowners	$362	$4,340
High-Risk Fire Homes	$406	$4,873
Smaller Homes	$429	$5,153
Larger Homes	$499	$5,992

State Farm earned 657 out of 1,000 in J.D. Power's 2024 customer satisfaction study, above the industry average of 642. Local agents handle claims and policy questions in person, providing direct support during disasters. The company also offers online quote tools and mobile claims filing for homeowners who prefer digital service.
State Farm provides standard homeowners coverage with optional add-ons:
- Personal articles policy: Covers jewelry, art and collectibles with broader protection than standard limits
- Umbrella policy: Extends liability coverage beyond homeowners and auto policy limits
- Service line coverage: Pays for underground utility line repairs on your property
- Sewer backup coverage: Covers water damage and cleanup from sewer backups originating inside your home
- Energy efficiency upgrade: Provides funds to replace damaged systems with energy-efficient models
- Identity fraud protection: Covers costs to restore your identity after theft

USAA

MoneyGeek Rating

5.0/ 5

5/5Affordability

5/5Customer Experience

5/5Coverage

J.D. Power Customer Satisfaction Score
737/1,000
Average Annual Premium
$2,811

pros
- Flexible policy options with add-on coverage
- Strong financial stability with high ratings
- Comprehensive coverage options for military families
cons
- Limited availability outside of the military community
- Fewer local agents compared to traditional insurers
- Limited availability in some areas
USAA offers Mississippi's most affordable home insurance at $2,811 annually. Military families get replacement cost coverage for personal property and specialized deployment protections. USAA works best for active duty, veterans and military families who value low rates and understand digital-first service.

USAA charges $2,811 annually for home insurance in Mississippi, 46% less than the state average of $5,161 but 49% above the national average of $3,467. The company offers bundling discounts for combining multiple policies and home security system discounts for protective devices.


Older Homes	$240	$2,879
Newer Homes	$149	$1,786
Young Homeowners	$238	$2,857
Senior Homeowners	$233	$2,791
High-Risk Fire Homes	$262	$3,149
Smaller Homes	$229	$2,751
Larger Homes	$243	$2,911

USAA earned 737 out of 1,000 points in the J.D. Power home insurance study, significantly above the industry average of 642. The company operates through a digital-first service model with direct access to representatives and specialized support. USAA offers tailored coverage options designed for military families in Mississippi, with an online platform that provides easy policy management and streamlined claims filing.
USAA provides standard homeowners coverage with optional add-ons:
- Replacement cost coverage: Covers personal property at full replacement value without depreciation
- Flood insurance: Optional coverage for flood damage, especially for Mississippi's flood-prone areas
- Dwelling coverage: Protects the physical structure of your home against covered perils
- Personal liability: Covers legal expenses and damages if someone is injured on your property
- Additional living expenses: Pays for temporary housing costs while your home is being repaired
- Personal property protection: Covers belongings inside your home against theft and damage

Allstate

MoneyGeek Rating

4.3/ 5

4.7/5Affordability

3.9/5Customer Experience

3.9/5Coverage

J.D. Power Customer Satisfaction Score
633/1,000
Average Annual Premium
$5,123

pros
- Digital tools simplify policy management and claims
- Extensive agent network for personalized service and local support
- Strong financial stability backed by high AM Best ratings
cons
- Premium rates above the state average
- Limited availability in certain areas across the state
- Fewer add-on coverage options
Allstate charges Mississippi homeowners $5,123 annually and offers Claim RateGuard, which prevents premium increases after filing your first claim. This protection matters in a state where hurricanes threaten coastal and inland areas regularly. The company works best for homeowners who value local agent relationships and want protection against rate hikes following claims.

At $5,123 annually, Allstate's Mississippi premiums fall 1% below the state average of $5,161 but run 49% above the $3,467 national average. Bundling home and auto policies reduces costs for homeowners with multiple coverage needs. Home security system installations also qualify for discounts, lowering premiums for homeowners who add protective devices.


Older Homes	$482	$5,786
Newer Homes	$359	$4,313
Young Homeowners	$432	$5,183
Senior Homeowners	$415	$4,976
High-Risk Fire Homes	$478	$5,740
Smaller Homes	$392	$4,702
Larger Homes	$442	$5,300

J.D. Power rated Allstate at 633 out of 1,000 in its 2024 home insurance study, nine points below the industry average of 642. Mississippi homeowners work with either captive agents exclusively representing Allstate or independent agents who quote multiple carriers. The company's mobile app provides digital alternatives for claims filing, policy updates and payment management for homeowners who prefer self-service options.
Allstate provides standard homeowners coverage with optional add-ons:
- Claim RateGuard: Prevents premium increases after filing a covered claim
- Personal property protection: Extensive coverage, including flood protection for belongings
- Dwelling coverage: Protects your home's structure against covered perils
- Liability protection: Covers legal expenses if someone is injured on your property
- Additional living expenses: Pays for temporary housing during covered repairs
- Medical payments: Covers minor injuries to guests regardless of fault

Nationwide

MoneyGeek Rating

4.3/ 5

4.7/5Affordability

4.2/5Customer Experience

2.9/5Coverage

J.D. Power Customer Satisfaction Score
641/1,000
Average Annual Premium
$4,786

pros
- Digital tools for easy policy management
- High financial stability ratings
- Strong AM Best ratings
cons
- Rates exceed state average
- Slower claims processing
- Limited coverage in some areas
Nationwide offers competitive home insurance rates in Mississippi at $4,786. The company offers water backup coverage for sewer and drain damage. Nationwide's replacement cost coverage for personal property pays the full replacement value of your property, without depreciation. Nationwide works well for Mississippi homeowners seeking below-average rates with optional water damage protection.

Nationwide charges $4,786 annually for home insurance in Mississippi, 7% less than the state average of $5,161, but 49% above the national average of $3,467. The company offers bundling discounts for multiple policies and home security system installation.


Older Homes	$412	$4,942
Newer Homes	$258	$3,097
Young Homeowners	$400	$4,802
Senior Homeowners	$401	$4,814
High-Risk Fire Homes	$447	$5,363
Smaller Homes	$475	$5,705
Larger Homes	$556	$6,674

Nationwide earned 641 out of 1,000 points in the J.D. Power customer satisfaction study, just below the industry average of 642. The company operates through local independent agents who provide personalized service tailored to Mississippi homeowners' needs. Nationwide also offers a user-friendly online platform for policy management, combining traditional agent support with modern digital convenience.
Nationwide provides standard homeowners coverage with valuable optional add-ons:
- Water backup coverage: Protects against sewer and drain backups, crucial for flood-prone areas
- Replacement cost coverage: Covers personal property replacement without depreciation deductions
- Dwelling protection: Standard coverage for home structure and attached structures
- Personal liability: Protects against lawsuits from injuries on your property
- Medical payments: Covers guest injuries regardless of fault
- Loss of use: Pays living expenses if your home becomes uninhabitable

Foremost

MoneyGeek Rating

4.3/ 5

5/5Affordability

3.3/5Customer Experience

3.5/5Coverage

J.D. Power Customer Satisfaction Score
N/A
Average Annual Premium
$2,558

pros
- Financial stability with high ratings from rating agencies
- Most affordable rates for Mississippi homeowners
- User-friendly digital tools for convenient policy management
cons
- Claims process can be slow at times
- Limited availability in some areas of the state
- Fewer add-on coverage options compared to competitors
At $2,558 annually, Foremost offers Mississippi homeowners some of the state's most affordable coverage. Mobile and manufactured home insurance is the company's specialty, an important distinction in a state with one of the nation's highest mobile home ownership rates. Homeowners seeking below-average rates through independent agents find Foremost particularly well-suited to their needs.

Mississippi homeowners pay $2,558 annually with Foremost, half the state's $5,161 average and less than the $3,467 national benchmark. The company provides bundling discounts for combining policies like home and auto insurance. Home security system installations also qualify for discounts, rewarding homeowners who add protective devices to reduce risk.


Older Homes	$216	$2,594
Newer Homes	$161	$1,932
Young Homeowners	$224	$2,687
Senior Homeowners	$213	$2,558
High-Risk Fire Homes	$239	$2,866
Smaller Homes	$253	$3,036
Larger Homes	$295	$3,537

Foremost doesn't have a J.D. Power customer satisfaction score, making it difficult to compare against the industry average of 642 points. The company operates through local independent agents who provide personalized service and tailored coverage options for Mississippi homeowners. Its digital platform offers basic policy management features, though it lacks the advanced self-service capabilities of some competitors.
Foremost Insurance provides standard homeowners coverage with optional add-ons:
- Dwelling coverage: Protects your home's structure from covered perils
- Personal property coverage: Covers belongings damaged by covered events
- Liability protection: Covers legal costs if someone is injured on your property
- Additional living expenses: Pays temporary housing costs during covered repairs
- Wind and hail coverage: Protects against severe weather risks
- Mobile and manufactured home coverage: Covers alternative housing types

Best Mississippi Home Insurance by City

State Farm offers the most affordable home insurance across Mississippi's major cities, with annual premiums ranging from $4,291 to $4,369. Rates vary by less than 2% between cities, reflecting similar risk profiles across the state.


Biloxi	State Farm	$4,291
Coffeeville	State Farm	$4,369
Edwards	State Farm	$4,369
Jackson	State Farm	$4,348
Pearl	State Farm	$4,369

Cheapest Mississippi Home Insurance Companies

Mississippi homeowners pay $5,161 annually for home insurance, 49% more than the national average of $3,467. Foremost offers the state's most affordable home insurance at $2,558 annually, 50% below the state average. USAA ranks second at $2,811 per year, though it restricts coverage to military members, veterans and their families. Premiums vary. Travelers represents the expensive end, charging 227% above the national average.

Cheapest Home Insurers in Mississippi Chart

Guide to Finding the Best Mississippi Home Insurance Company

Compare multiple providers based on your coverage needs, budget and service preferences.

Compare Quotes Strategically

Get quotes from at least three to five insurers. Premiums among top Mississippi providers range from $2,558 to $5,123 annually. Don't just shop by price. The cheapest policy might leave coverage gaps when you file a claim after severe weather or other covered losses.

Check Customer Satisfaction Metrics

Review J.D. Power scores, which range from 633 to 737 among Mississippi's top providers, compared to the 642 industry average. Focus on recent customer reviews that detail claims handling during Mississippi's tornado season rather than just policy purchase experiences.

Evaluate Coverage Needs

Base your coverage around replacement cost rather than market value, especially important in Mississippi, where construction costs surge after hurricanes and tornadoes. Review extended or guaranteed replacement cost options alongside additional protections like wind/hail coverage, flood insurance and extended replacement cost that address your home's specific risks

Match Service Preferences to Provider Strengths

Digital-first insurers like Lemonade, Hippo and Root work well if you prefer online policy management, while State Farm, Allstate, and Farm Bureau offer strong local agent networks for face-to-face support. Avoid paying premium prices for features you won't use.

MISSISSIPPI HOME INSURANCE RISKS

Nineteen hurricanes hit Mississippi between 1851 and 2020, making it one of the most hurricane-prone states according to the National Oceanic and Atmospheric Administration. Mississippi insurers can add hurricane deductibles to homeowners policies, usually 2% to 5% of your home's insured value. Standard homeowners insurance covers hurricane wind damage but excludes flooding. You'll need separate flood coverage through your insurer or the National Flood Insurance Program.

Top-Rated Home Insurance Companies in Mississippi: FAQ

Explore our FAQ section for answers to common questions about selecting the right Mississippi home insurance provider for your needs.

What's the difference between replacement cost and actual cash value coverage?

Replacement cost coverage pays to rebuild your home or replace belongings at current prices without deducting for depreciation. Actual cash value coverage subtracts depreciation from claim payments. You receive less money based on your property's age and condition. Actual cash value policies cost less up front but leave you covering more expenses out of pocket after a loss.

Does Mississippi require separate flood insurance for homeowners?

Yes, standard homeowners insurance in Mississippi excludes flood damage, so you need separate flood coverage through your insurer or the National Flood Insurance Program.

What is a hurricane deductible in Mississippi home insurance?

Mississippi insurers can add hurricane deductibles to homeowners policies, typically 2% to 5% of your home's insured value. For example, if your home is insured for $200,000 with a 3% hurricane deductible, you'd pay $6,000 out of pocket before coverage kicks in after hurricane damage.

Can I get home insurance if I have a trampoline or swimming pool?

You can get home insurance with a trampoline or swimming pool, though insurers consider these features liability risks. Most companies require higher premiums or additional liability coverage of at least $300,000. Safety compliance is mandatory: trampolines need nets and padding, while pools require fencing and self-closing gates.

Our Methodology: Determining the Best Mississippi Home Insurers

Mississippi homeowners deal with tornado risks, hurricane exposure and fluctuating construction costs. Our ranking system weighs affordable premiums, quality coverage and reliable claims handling.

We scored insurers across three factors:

Affordability (55%): We compared rates for identical coverage across major providers and evaluated discount availability.

Customer satisfaction (30%): J.D. Power ratings, Trustpilot reviews and app feedback reveal how insurers handle claims after storms damage your home.

Coverage options (15%): We assessed add-on availability, including water backup protection and inland flood options for Mississippi's risks.

Our Sample Profile

Rates reflect a homeowner aged 41-60 with good credit and no prior claims insuring a 2,500-square-foot home built in 2000. Coverage includes $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 personal liability coverage and a $1,000 deductible.

Your rates will vary based on your home's age, location, claims history and credit score.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

Read Full Bio »

sources

NOAA. "Storm Events Database." Accessed February 7, 2026.