Homeowners, auto, renters, landlord, umbrella, and commercial coverage. As an independent agency, we shop hundreds of insurance companies and review your policy line by line, so you're not overpaying today or under-insured when the next Mississippi storm rolls through.
Your homeowners policy should put your house back together after a fire, a tornado, or a hailstorm, without a surprise bill that wipes out your savings.
is what actual cash value could cost you on a hail-damaged, 15-year-old roof.
Illustrative example only. Depreciation and roof settlement terms vary by policy, and some policies pay actual cash value on older roofs even when the home is covered at replacement cost. Check your declarations page, or let us check it for you.
Many Mississippi policies carry a separate wind/hail or named-storm deductible that's a percentage of your dwelling coverage, not a flat dollar amount. On a home insured for $250,000, a 2% deductible means you pay the first $5,000 of a wind or hail claim.
Standard homeowners policies don't cover flood, whether it's rising water, an overflowing creek, or heavy rain that pools. Flood takes a separate policy through the NFIP or a private insurer, and there's usually a 30-day wait, so don't wait for the forecast.
Your coverage should reflect what it costs to rebuild at today's labor and material prices, not what you paid or what the house would sell for. Many homes haven't been re-checked in years.
From the daily commute to the teenager's first truck, we'll make sure your coverage fits the way your family actually drives.
Mississippi's minimum liability limits sound like a lot until you see what they have to cover.
$25,000 for injuries to any one person you hurt
$50,000 total for everyone injured in the accident
$25,000 for property damage, like the other driver's vehicle
One serious crash involving a new pickup and a hospital stay can blow past those limits, and you can be held personally responsible for the rest.
Your landlord's policy covers the building. It doesn't cover your furniture, clothes, or electronics, or your liability if a guest gets hurt. Renters insurance does, usually for a small monthly cost.
Renting a home managed by Magnolia? See our property management side.
Quote renters insuranceA standard homeowners policy typically won't cover a house you rent out full time. A landlord (dwelling fire) policy is built for it, whether you own one rental or twenty.
Want help managing it, too? See owner services.
Quote my rentalOne serious accident or lawsuit can exceed your home and auto liability limits. An umbrella adds $1 million or more on top, protecting your savings, home equity, and future wages.
Umbrellas are often surprisingly inexpensive for the protection they add.
Add an umbrellaWhether you run a shop on Main Street, a crew of contractors, or a practice with a waiting room, we'll build a commercial package that fits how you actually work.
Customer injuries, property damage you cause, and advertising claims. Often required by landlords and contracts.
Your building, equipment, inventory, and furniture, plus business income if a covered loss shuts you down.
General liability and property bundled together, often at a lower cost than buying them separately.
Medical bills and lost wages for employees hurt on the job. Generally required in Mississippi at five or more employees.
Trucks, vans, and cars used for work. Personal auto policies often exclude business use.
Also called errors & omissions (E&O). Covers claims that your advice or services caused a client financial harm.
Data breaches, ransomware, and the cost of notifying customers. Important if you take cards or store customer info.
Extra liability limits above your general liability, auto, and employer's liability for bigger claims.
Bundling isn't just about a discount. When one local team handles all of your coverage, the pieces actually fit together.
Two quick calculators: one estimates what it would cost to rebuild your home, and one shows what bundling could save you.
Compare the estimate to the dwelling limit on your declarations page.
Enter what you pay now to see a rough range. Actual savings depend on your policies and underwriting.
Your declarations page (the "dec page") is the summary at the front of your policy. Snap a photo or bring it by the office on Railroad Street, and we'll go through it line by line with you.
You'll leave knowing exactly what you're covered for, what you're not, and whether you could be paying less for the same protection. Because we're independent, we can shop your coverage with hundreds of insurance companies. If your current policy is the right fit, we'll tell you that, too.
No. Standard homeowners policies exclude flood, including rising water, overflowing creeks and rivers, and surface water from heavy rain. Flood coverage requires a separate policy through the National Flood Insurance Program (NFIP) or a private flood insurer. New flood policies usually have a 30-day waiting period, so it's best to buy before storm season, not when the forecast turns bad.
It's a separate deductible that applies to wind or hail damage, and on many Mississippi policies it's a percentage of your dwelling coverage instead of a flat dollar amount. For example, a 2% deductible on a home insured for $250,000 means you'd pay the first $5,000 of a wind or hail claim. Some policies use a named-storm or hurricane deductible instead. It's printed on your declarations page, and we'll help you find it.
Replacement cost pays what it costs to repair or replace damaged property with new materials of like kind and quality, minus your deductible. Actual cash value subtracts depreciation, so an older roof or a five-year-old TV pays out far less. Replacement cost usually costs a little more, but it's what most people assume they have.
Enough to rebuild your home at today's construction costs, which can be very different from what you paid or what it would sell for. Land isn't included, since it doesn't need to be rebuilt. Our home rebuild calculator gives you a quick estimate, and your advisor can run a detailed replacement cost estimate.
No. Magnolia Assurant Group is an independent agency with access to hundreds of insurance companies. We shop your home, auto, and business coverage so you see options side by side, and if your rate jumps at renewal, we can shop it again without you having to start over with a new agent.
Mississippi requires at least 25/50/25 liability: $25,000 per person and $50,000 per accident for injuries, and $25,000 for property damage. That's the legal minimum, not a recommendation. A single serious accident can exceed those limits, and you can be held personally responsible for the difference. Most people with a home or savings to protect should consider higher limits and uninsured motorist coverage.
Yes, if you want your belongings and your liability covered. Your landlord's policy covers the building and their liability, not your furniture, clothes, electronics, or injuries to your guests. Many leases require renters insurance, and it's usually one of the least expensive policies you can buy.
In most cases, yes. A standard homeowners policy is written for a home you live in and typically won't cover a house you rent out full time. A landlord or dwelling fire policy covers the building, can include lost rent after a covered loss, and provides liability protection for you as the owner. Your tenants need their own renters policy for their belongings.
An umbrella policy adds extra liability coverage, commonly in $1 million increments, above your home, auto, and sometimes rental property policies. If you're sued after a serious car accident or someone is badly hurt at your home, the umbrella can pay after your underlying limits are used up. Insurers usually require certain minimum liability limits on those underlying policies.
Mississippi generally requires workers' compensation once a business has five or more employees, and some contracts and job sites require it regardless of size. Even smaller businesses often carry it to protect themselves from the cost of workplace injuries. Your advisor can walk you through the requirements for your business.
It depends on what you do, but most businesses start with general liability and property coverage, often combined in a business owner's policy (BOP). From there, add workers' comp if you have employees, commercial auto if you use vehicles for work, professional liability if you give advice or professional services, and cyber if you store customer data. Start a commercial quote and we'll build the list with you.
Tell us what you have and what you pay. Your Magnolia advisor will review it line by line, shop hundreds of insurance companies, and text or call you shortly with clear options. It takes about three minutes to start.