Mississippi homeowners benefit from some of the lowest average homeowners insurance costs in the Gulf region, even though the state faces significant exposure to hurricanes and flooding. While nearby ...

Mississippi Insurance Commissioner Mike Chaney says he is hopeful that the homeowner insurance rates that have spiked in recent years are now beginning to stabilize. Chaney said he is hopeful that ...

A $400,000 house costs an average of $3,216 to insure per year, but your cost will vary based on a few factors.

Mississippi homeowners could see some relief from high insurance rates under a bill the state Legislature is considering, but the payoff won’t come without work. Fortifying homes against wind damage ...

When Joy Sharp built a new home in the small coastal community of Wilmington, North Carolina, about eight years ago, her homeowners insurance cost was a relatively modest $1,400. That was then. Now, ...

Homeowners insurance rates have risen dramatically, from an average of $2,656 annually in 2021 to $3,303 in 2024. That's a 24% increase, more than twice as fast as the rate of inflation in the same ...

In 2024, Mississippi law makers approved the insurance commission to use $5 million collected in insurance fees to fund a mitigation program.

Mike Chaney said private flood insurance solutions are needed as the National Flood Insurance Program (NFIP) faces potential ...

In Mississippi, where homes have long been known for their affordability, a growing number of homeowners are brushing up against a financial pitfall few saw coming: a hidden home equity tax. Despite ...

Home insurance rates are expected, on average, to increase 6 percent in 2024 but could jump as high as 23 percent in states with severe weather, according to a home insurance projection report from ...