Renters Insurance Cost in Mississippi (2026 Average)
Mississippi renters paid about $190 a year on average in the NAIC 2021 baseline, about $20 more than the $170 US average. The state average is a useful baseline, but your quote will depend on your city, coverage limits, deductible, and claims history.
What drives Mississippi renters insurance costs
Mississippi renters paid about $190 a year on average in the NAIC 2021 baseline, about $20 more than the $170 US average.
Weather exposure is a major driver here: hurricanes, tornadoes, and severe storms are all part of the risk profile.
Claim frequency and litigation also matter: higher claim frequency and a more active litigation climate push costs up.
Replacement costs and carrier competition round out the picture: replacement costs are low, which offsets some of the pressure, and some carriers limit Gulf exposure, which reduces competition and helps explain one of the highest averages in the country.
How Mississippi compares
| Location | Average annual premium | vs US average ($170) |
|---|---|---|
| Mississippi | $190 | +$20 |
| United States (national average) | $170 | baseline |
| Alabama | $162 | −$8 |
| Louisiana | $184 | +$14 |
| Tennessee | $138 | −$32 |
A minus sign means the average is below the US average. Figures are the NAIC 2021 baseline; 2026 quotes run higher after inflation.
Next steps
Estimate your own premium
State averages only get you part of the way. Your real quote depends on your address, the coverage you choose, and your claims history.