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4 days agoMississippi Homeowners Pay Some of the Lowest Insurance Costs In The Country, But Could Change Next Year
According to newly released American Community Survey (ACS) data from the U.S. Census Bureau, Mississippi homeowners with a mortgage typically pay $1,500-$1,999 annually for homeowners insurance, while those without a mortgage average $1,000-$1,499. Overall statewide costs fall into the $1,000-$1,499 range. Mississippi has 829,682 insured homeowner households in total-401,890 with a mortgage and 427,792 without. Among mortgaged owners, 38,142 less than $100 annually and 38,238 pay $4,000 or more. Among those without a mortgage, 129,731 pay less than $100 and 22,139 pay $4,000 or more.
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