Home Insurance in Taylor, Mississippi
The median home value in Taylor is $283,900, 10% lower than the Lafayette County median.
The typical home in Taylor was built around 1992. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 23% of homes were built before 1960, about 15 points above Lafayette County's 7%.
In Taylor, the housing stock is 95% single-family homes and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Taylor, about 38% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Taylor has an owner-occupancy rate of 79% and a vacancy rate of 40%; 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 Taylor, 47% of homes are primarily heated with electricity.
Lafayette County's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Lafayette County had 189 active NFIP flood policies as of September 2026. See the full Lafayette County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Mississippi carries a statewide average premium of $2,029 per year.
Key figures
| Median home value | $283,900 |
|---|---|
| Median year built | 1992 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 38% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Lafayette County | 189 |
| 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)