Home Insurance in Meridian
Compare, shop and customize quotes from top-rated insurance carriers.
Looking for Coverage in Thriving Meridian, Mississippi
Meridian, known to locals as the Queen City, is a sought-after, thriving location. Join the 35,625 residents who call Meridian home and enjoy a hometown atmosphere filled with festivals, parades and outdoor concerts. At the intersection of I-59 and I-20, Meridian is a little over two hours from Birmingham and a day trip from New Orleans and Baton Rouge.
Whether you live in a charming downtown condo on 5th Street or a timeless historic home in the Poplar Springs Historic District, you deserve tailored, budget-friendly home insurance in Meridian. With help from VIU by HUB, compare insurance rates simply before finishing your afternoon with a stroll through Highland Park.
Understanding the Risks in Meridian, Mississippi
Homeowners in Meridian, Mississippi, experience a humid, subtropical climate with temperate winters and hot summers. While Meridian homeowners may not have to worry about harsh winters, they do have to worry about an aggressive storm season. Meridian has a severe wind factor. primarily due to its tornado risk. High winds can cause severe property damage, via fallen trees, scattered debris or severed access to utilities and transportation. Mississippi is a part of Dixie Alley, a region known for severe, violent tornados and to prepare for inclement weather events, homeowners need to have adequate coverage for storm damage.
Protecting Your Home With Ample Home Insurance in Meridian
On average, Meridian homeowners pay $189 per month or $2,270 per year for home insurance. However, the amount paid depends on your specific coverage limits, deductible, home quality and age, insurance claim history, and any attractive nuisances.
Most standard home insurance policies offer:
- Damage to the exterior or interior of the home
- Personal liability for injuries and other damages
- House rental or hotel stays while your home undergoes repairs
In many cases, home insurance in Meridian that offers the least amount of coverage will also cost less. Of the different policies, you have three standard levels of coverage. First is the actual cash value of the house, plus your belongings after depreciation. Second is replacement cost, which covers the real cash value of all your possessions and the price of the home. Last is guaranteed replacement cost value. In guaranteed replacement cost value, you have a more comprehensive policy that also pays to rebuild your home or repair it despite being over the policy limit.
Home insurance in Meridan covers various perils and events. Some policies will name the risks they will not cover, others will only call the ones they cover and any others are considered exempt.
Giving Yourself Options for Custom Coverages
Even with comprehensive coverage, your insurance policy may not cover all risks. For instance, few insurers include flood coverage in standard policies, so you must seek additional coverage.
The reason that insurance companies offer add-ons rather than including them in standard policies is that every person's needs are different. Perils like flood or wind damage depend on your location. Add-ons allow you to create a custom policy rather than paying for special coverages you don't need.
Given that every home and situation is different, it makes sense that you need a tailored policy for home insurance in Meridian, Mississippi. Compare and analyze other policies with help from VIU by HUB to find one that suits your situation.
This information is intended for general informational purposes only and is not intended to constitute legal advice.