Home Insurance in Lambert, Mississippi
The median home value in Lambert is $62,300, 10% lower than the Quitman 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 Lambert was built around 1964. About 43% of homes were built before 1960, about 10 points above Quitman County's 34%.
In Lambert, the housing stock is 88% single-family homes and 11% apartments in buildings with 5+ units.
About 12% of owner-occupied homes in Lambert have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 19%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 45% of occupied homes in Lambert are owner-occupied.
In Lambert, 48% of homes are primarily heated with natural gas.
FEMA rates Quitman County's overall risk as Very Low, led by earthquake (Relatively Low). Quitman County had 110 active NFIP flood policies as of September 2026. See the full Quitman County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Mississippi is $2,029 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $62,300 |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 12% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Quitman County | 110 |
| 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)