Protect your business vehicles with a Mississippi commercial auto policy
Many of Mississippi’s small businesses need commercial auto insurance to protect from a variety of incidents that involve their work vehicles. Business vehicles are usually considered higher risk than personal autos and often need specific coverages and limits because of it.
Hundreds of thousands of small business owners across the nation trust us to protect their work vehicles and livelihoods. Each gets customized coverage to match their unique needs, whether they own a manufacturing facility near Jackson or a farm near Tupelo.
Commercial auto coverage for a variety of business types:
Mississippi commercial auto insurance cost
Several factors affect the cost of your Mississippi commercial auto policy, including your:
Profession
Some industries have more risk than others. A landscaper who carries tools and equipment to various job sites every day can expect to pay more than an attorney who runs occasional errands.
Vehicle
Your vehicle’s size and use affect your rate. A large dump truck used for hauling bulk sand will likely have a higher premium than a small dump truck used for residential construction projects.
Driving history
Your commercial auto insurance carrier will run a motor vehicle report on all drivers with access to your business vehicles. Drivers with accidents or violations on their driving record will usually cause your rate to increase. You can expect your insurance company to take the past three years of driving history into account.
Location
It’s common to pay more for commercial auto coverage in a large city like Jackson than in a smaller city like Greenville. Keep in mind, prices are usually higher in locations that experience more claims or more expensive settlements than other locations. Areas susceptible to weather-related events, such as hurricanes and floods, are also factors.
Travel radius
The distance you routinely travel can influence your commercial auto rate. A vehicle with a local route within Gulfport’s city limits is considered lower risk than a vehicle with a regional route that covers all of southern Mississippi.
Coverage needs
The amount of coverage you need affects your premium. Policyholders with the Mississippi state minimum limits of 25/50/25 will pay less than a policyholder needing a combined single limit of $1M.
Mississippi commercial auto insurance requirements
Mississippi state law requires all commercial auto policies to have a minimum liability limit of $25,000 per person, $50,000 per accident for bodily injury and $25,000 for property damage (i.e., 25/50/25). Some policies are required to carry higher limits based on the types of vehicles they insure.
It’s important to consider limits that are best for your business in addition to what’s required by Mississippi law. An unexpected accident could result in a costly claim if you lack adequate protection.
Mississippi commercial auto resources:
Common professions that need commercial auto insurance in MS:
Browse more examples of professions we insure.
Commercial auto insurance anywhere in Mississippi
We offer Mississippi commercial auto insurance statewide, including these major cities:
- Jackson
- Southaven
- Hattiesburg
- Tupelo
- Greenville
- Gulfport
- Biloxi
- Olive Branch
- Meridian
- Horn Lake
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