Insurance Commissioner Mike Chaney hopes Mississippi’s homeowner rates are stabilizing

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By Bobby Harrison/Mississippi Today

Mississippi Insurance Commissioner Mike Chaney says he is hopeful that the homeowner insurance rates that have spiked in recent years are now beginning to stabilize.

Chaney said he is hopeful that legislation passed during the 2024 session that provides grants to help homeowners put more wind resistant roofs on their homes will help lower the cost of premiums. He said the Legislature placed $5 million in the program…

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