Home Insurance in Verona, Mississippi
The median home value in Verona is $118,300, 41% lower than the Lee County median.
The typical home in Verona was built around 1977. About 15% of homes were built before 1960, about 3 points above Lee County's 12%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Verona, the housing stock is 77% single-family homes, 11% apartments in buildings with 5+ units and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
46% of owner-occupied homes in Verona carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 27% of occupied homes in Verona are owner-occupied. The vacancy rate is 18%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 45% of homes in Verona are primarily heated with electricity.
Lee County's top FEMA-rated hazard is earthquake (Relatively Moderate), per FEMA's National Risk Index. Lee County had 367 active NFIP flood policies as of September 2026. See the full Lee 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 | $118,300 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 27% |
| Share of owner-occupied homes with a mortgage | 46% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Lee County | 367 |
| 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)