Mississippi law-required insurance discounts for homes mitigated to IBHS standards

How it works

The Mississippi Insurance Department says state law requires insurance companies to give discounts to people who mitigate their home to Insurance Institute for Business and Home Safety (IBHS) standards. The department’s consumer page says insurers have filed discounts with MID ranging from 15 percent to 30 percent for fortified homes.

What the discount covers

The page ties the discount to homes mitigated to IBHS standards, and specifically references the FORTIFIED approach as the basis for those discounts. The department also lists mitigation examples such as building at a higher elevation, adding hurricane shutters, fastening the roof to the walls with hurricane straps, and buying flood insurance.

Amounts

The official page does not assign a single statewide discount amount. It says filed discounts range from 15% to 30% for fortified homes.

How to use it

This is not a separate application grant. It is an insurance premium discount available through participating homeowners insurers when a home meets the required mitigation standard. Homeowners would generally need to work with their insurer and provide proof of the mitigation standard the insurer accepts.

Timing

The department does not publish a deadline or end date on the page, and treats this as an ongoing insurance market rule rather than a temporary program.