Biloxi, MS Home Insurance Quotes!

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Biloxi, MS homeowners are now shopping online to conveniently discover new ways to compare home insurance prices. At GetHomeInsuranceQuotes.com, we enjoy providing top notch customer service to local homeowners that are in need of clear and accurate coverage for their beautiful Biloxi home. We understand that you don't have a ton of time to shop every home insurance company that can provide a competitive rate. That's our job! We work with you and help you compare the best coverage options available and it only takes a few minutes for you to complete the online quoting application. Since 2009, our focus has been to put the needs and the customer first. We have been able to service thousands of homeowners in Biloxi and throughout the state of Mississippi. We can usually provide up to 12 quotes and we can pick the best coverage options for you. In most cases, the best home insurance policy is not always the cheapest. And our MS licensed specialists are here to help you find the protection you need for you and your family.

For a quick homeowners insurance quotes for your home in Biloxi, MS, please enter your zip code. The process only takes 1 minute to complete. Start your home insurance quote today or give us a call now at 855-976-2656!

Biloxi, MS (HARRISON County) Demographics

Did you know there are 44,054 residents living within the Biloxi city limits, which is roughly 6,204 households per zip code with 2 people per household. The average household income is $33,914, which is slightly below the national average. Homes are very affordable in the Biloxi area with the average house value to be around $106,275.

DemographicValues
Population44,054
Total Occupied Households17104
Family Households (families)10526
Average Owner Occupied Household Size2.40
Average Family Size2.99
Total Housing Units21278

Biloxi, MS Homeowners Insurance Resources

Below are some additional resources to help you understand your home insurance coverage and policy details for a home located in Biloxi, MS.

  • What is the average Biloxi, MS home insurance rate per year? $1,245 / yr.
  • What is the monthly cost of home insurance in Biloxi on avereage? $104 per month
  • What is the cost of home insurance in Biloxi for a $275,000 home? $995 / yr.
  • What is the cost of homeowners insurance in Biloxi for a 3,000 square foot home? $1,545 / yr.
  • What the national average in the United States? $1311.00

The average home insurance rate for Biloxi displayed above is an accumlative average based on a standard homeowners insurance policy. We can help you compare up to 12 rates and review all the discounts and credits that may apply to help you save up to 40% or more.

Top 5 Helpful Saving Resources

Below are helpful saving tips when purchasing or shopping for home insurance.

  1. FAQ: What is a Biloxi, MS Homeowners Insurance Policy?
  2. FAQ: What does a replacement cost coverage and actual cash value mean for my home in Biloxi, MS?
  3. This home insurance calculator will calculate your dwelling coverage for your home in Biloxi, MS so you know what type of home insurance coverage you need to cover your replacement cost.
  4. Here are the top five homeowners insurance discounts that you may not be aware of in Mississippi
  5. Here are the top 3 home insurance credits available to homeowners.

 

Compare Homeowners Insurance Rates in Biloxi, MS!

Enter your Zip Code:    

Get up to 12 competitive Biloxi, MS homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Biloxi, MS rates all in one place!

Average Rates Nearby Biloxi

Are you looking for homeowners insurance in a city near Biloxi? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Biloxi, MS

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Biloxi.

39530,     39531,     39532,     39534,     

Biloxi, MS Home Insurance Average Premiums

Local Biloxi, MS home insurance quotes comparison

$995 /yr.

Shows Biloxi's lowest average rates with discounts applied.

For the city of Biloxi, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$995 /yr.
Average Coverage:$1245 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1545 /yr.

What is the average home insurance cost for a home in Biloxi, MS?

  • • The average homeowners insurance premium paid annually for a home in Biloxi is around $1245 per year.

What does it cost on average per month for home insurance in Biloxi, MS?

  • • Homeowners in Biloxi pay an average cost per month around $104.00 for insurance coverage.

Biloxi, MS Coastal Wind, Hail & Flood Information

Biloxi is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Biloxi is know for it's beautiful beaches and waterways. Because Harrison County (FIPS: 28047) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Biloxi, MS.

Biloxi, MS - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $211,887 $200,070
February $212,818 $201,888
March $214,569 $203,771
April $216,118 $205,783

Homeowners insurance will help cover the cost to repair or replace your Biloxi home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Biloxi
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Biloxi, MS homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Biloxi, MS rates all in one place!

Saving Money Tips on Biloxi Home Insurance

A great way to save money on Biloxi homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Biloxi area? Check out what homeowners are paying on average for Mississippi homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
38 ft. This is the average home elevation in Biloxi, MS

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Biloxi, Mississippi.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Biloxi, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Harrison County.

Mississippi Homeowners Insurance News & Information

  • How Do Renovations Impact Home Insurance? (2024 Guide) Posted on Friday 15th March, 2024

    Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured.  Major upgrades such as adding square footage to your home or […]

  • Florida Lawmakers May Allow Takeout Offers to Citizens’ Policyholders Posted on Wednesday 13th March, 2024

    Lawmakers in Florida are moving closer to allowing specific insurer types to make offers to policyholders currently with Citizen’s Property to insure their vacation or second home.  SB 1716 this week cleared the Senate’s Fiscal Policy Committee for the takeout offers after the Senate’s Banking and Insurance Committee approved the measure earlier this month.  This […]

  • Florida has 7 New Home Insurance Companies Entering the Market Posted on Friday 1st March, 2024

    Recently, Florida has seen seven new insurance companies enter the market for homeowners coverage. Currently, the average premium for homeowners coverage is $6,000 a year in the Sunshine state compared to a nationwide average of just $1,700 a year, according to the Insurance Information Institute.  The Insurance Information Institute is hopeful that the new insurance […]

  • 2024 Average Homeowners Insurance Rate at $2,777 per year  Posted on Tuesday 20th February, 2024

    A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]

  • NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024

    During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting.  The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]

Biloxi, MS Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Biloxi so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Biloxi, MS?

- The average square footage in Biloxi is around 1,107 Sq. Ft. which would cost you around $106,275 to replace the home if you base the home on the price to build per square foot of $96.

Minimum Replacement Cost Total: $106,275

Location: Biloxi, Mississippi (Harrison County)

Average Building Cost Per Square Foot in Biloxi: $96 (low end)

Average Square Footage in Biloxi: 1,107 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$96$106,275
Some Additional Upgrades$120$132,844
Major Home Updates or Advancements$144$159,413

The dwelling coverage is calculated by the average cost per square foot ($96) in Biloxi, Mississippi times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $300,000 (Media price to build of $120 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.