Home Insurance in Derma, Mississippi
With a median home value of $84,800, Derma is 6% lower than the Calhoun County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Derma was built around 1979. About 12% of homes were built before 1960, about 2 points below Calhoun County's 14%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Derma is 72% single-family homes, 3% apartments in buildings with 5+ units and 16% mobile or manufactured homes.
In Derma, about 28% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Derma has an owner-occupancy rate of 43% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Derma, 47% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Derma? FEMA's National Risk Index points to earthquake (Relatively Low) in Calhoun County and Calhoun County had 49 active NFIP flood policies as of September 2026. See the full Calhoun County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Mississippi, the statewide average premium for a standard HO-3 homeowners policy is $2,029 per year (NAIC, 2023 data).
Key figures
| Median home value | $84,800 |
|---|---|
| Median year built | 1979 |
| Owner-occupied share | 43% |
| Share of owner-occupied homes with a mortgage | 28% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Calhoun County | 49 |
| Home insurance premium | $2,029 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)