Windpool rate increase comes as state’s grant program is shut down
Mississippi coastal property owners are set to see a 16% increase in windpool insurance rates beginning Jan. 1, 2026, according to Insurance Commissioner Mike Chaney.
The hike comes amid legislative changes affecting the Mississippi Windstorm Underwriting Association, also known as the windpool.
Speaking at the Neshoba County Fair, Chaney contrasted the upcoming property rate increase with a decline in auto insurance costs observed statewide since 2024. He reported that more tha…