West Point Homeowners Insurance

Fifty-eight percent of the population in West Point own their home. Living in West Point offers a suburban-rural mix feel, excellent housing, and a great place to raise a family. If you have decided to make West Point your home, purchase a homeowners insurance policy to protect yourself from loss.

If you are a first-time home buyer or just have questions about your current policy, an independent insurance agent can help. They’ll do the comparison shopping, so all you have to do is make the choice. When you’re ready, talk with an independent insurance agent.

How Much Will Homeowners Insurance Cost You in West Point, MS?

• National yearly average: $1,173
• Mississippi yearly average: $1,508
• West Point, MS, yearly average: $1,088

Insurance carriers will calculate the cost of a home insurance policy by determining how likely something bad is going to happen where your house is located. The more likely it is for something bad to happen, the higher your rate will be. These are your potential disaster risks:

Crime

The burglary rate in West Point is much higher than the national average. A good way to keep your belongings safe is with a security system, leaving a few lights on, and locking all your doors and windows.

• Average number of burglaries per 1,000 homes in US: 4.69
• Average number of burglaries per 1,000 homes in MS: 7.81
• Average number of burglaries per 1,000 homes in West Point: 9.98

Weather

Severe storms, hurricane force winds, and tornadoes have destroyed homes in West Point. It’s a good idea to make sure that your home insurance provides the coverage you need before disaster strikes.

• Number of federally declared disaster in MS since 1953: 68
• Most common cause of disasters in West Point: Severe storms
• Amount paid in home insurance claims in 2016: $414,262.000

Home value

The amount it will cost to rebuild your home is going to play a huge role in how much your home insurance costs. In West Point, the average home value is lower than the state’s average. This will help keep your insurance rate low, despite other risks you face in the area.

• Average home value in US: $188,900
• Average home value in MS: $113,900
• Average home value in West Point: $92,672

Save on Home Insurance

Our independent agents shop around to find you the best coverage.

Request a Quote

How Can You Save Money on Your Homeowners Insurance in West Point, MS?

Before you purchase a policy, you should always shop around. Luckily, an independent insurance agent will do this step for you. They will compare multiple premiums from numerous insurers to find discounts for you, such as:

• Home security discount: If you have a smoke detector, burglar alarm, or other security measures in place, you will qualify for a discount.
• Maintain a good credit record: The insurer may use your credit information to price your policy, so having a solid credit history can cut your insurance costs.
• Home renovation credit: If you renovate your home’s plumbing, heating, cooling, or electrical system, you may be eligible for a credit.

What Does Your Homeowners Insurance Policy Cover?

Your West Point homeowners insurance policy will protect your home and some of your possessions in case of a loss. This will prevent you from being stuck with a huge bill. Your standard policy will cover the essentials like:

1. Coverage for the structure of your home: This pays to repair or rebuild your home if it is damaged or destroyed by disasters listed in your policy. Most policies will cover some damage caused to detached structures such as a garage, porch, or tool shed.
2. Coverage for your personal belongings: You are generally covered 50% to 70% for the furniture, clothes, and other personal items destroyed during an insured disaster.
3. Liability protection: This covers you against lawsuits for bodily injury or property damage that you or family members cause to other people (this also includes pets). So if your child accidentally hits a ball through your neighbor’s window, you are covered.
4. Coverage for additional living expenses (ALE): This pays the additional costs of living away from home due to damage from an insured disaster. It includes hotel bills, eating out, laundry services, and other costs. You will be covered until your home is done being rebuilt.

How Much Coverage Do You Need for Your Homeowners Insurance in West Point, MS?

This will depend on the value of your possessions and home. For example, if you have very expensive jewelry or antiques, you may need to purchase addition insurance to insure the item for its official value. The standard policy usually has a dollar limit for possessions if they are lost.

A good rule to abide by is to have enough homeowners insurance to:

• Reimburse your living expenses while you can’t live in your home
• Replace your belongings
• Rebuild your home
• Cover injuries and damage that happens on your property

An independent agent can help you figure out logistics for your property. They know the area and can help calculate the right coverage for your valuables.

What Is Not Covered under Your Homeowners Insurance in West Point, MS?

Unfortunately, your homeowners insurance will not cover damage that occurs because of a flood. With flooding a yearly hazard in this city, it’s a good idea to purchase a flood insurance policy. This will cover the costs to rebuild your home. It includes things like:

• Your home and its foundation
• Electrical and plumbing systems
• Kitchen appliances (refrigerator, stove, and other built-ins)
• Debris removal

These are only some of the items that flood insurance covers. It’s a good idea to talk with an independent agent about what exactly this policy can do for you.

How to Find Homeowners Insurance in West Point, MS?

Your home is most likely your biggest investment, so you can’t afford to be uninsured. An independent insurance agent will help you answer your questions about coverage, get you competitive rates, and help you make an educated choice. When you’re ready, contact a West Point, MS, independent agent to get started.