Mississippi Car Insurance Regulations & Required Coverage
Mississippi car insurance regulations require drivers to maintain up-to-date insurance coverage. Mississippi auto insurance law follows a tort system. The basic principle states that a driver will always be found at-fault for causing an accident. Use our free online quote comparison tool below to make sure you have adequate Mississippi car insurance coverage in the event of an accident.
Free Insurance Comparison
Secured with SHA-256 Encryption
|
Written by
Natasha McLachlan
|
|
Reviewed by
Laura Walker
|
UPDATED: Nov 14, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
Most drivers in Mississippi opt to get a car insurance policy in order to meet the state’s financial responsibility requirements. Mississippi insurance laws are similar to other states, but do vary and also have very strict penalties for those who do not maintain proof of financial responsibility.
Similar to neighboring states, Mississippi insurance law follows a tort system. While the specifics of a tort system do vary from state to state, the basic principal states that a driver will always be found at fault for causing an accident. The at fault party is then held responsible for any monetary damages relating to the accident.
Required Coverage
All personal vehicles in Mississippi require the following liability coverage requirements:
- Bodily Injury
- Property Damage
| Minimum Mississippi Car Insurance Requirements | |||
|---|---|---|---|
| Bodily Injury Liability | $25,000 / $50,000 Limit | ||
| Property Damage Liability | $25,000 Limit | ||
Additional insurance coverage can include:
- Comprehensive and Collision Coverage
- Uninsured / Underinsured Motorist Coverage
Collision insurance protects you when your vehicle is damages in an accident. Comprehensive will pay for non-collision related incidents such as having your vehicle broken into or flood damage. A list of the most stolen vehicles in Mississippi can give you an idea of the most at-risk vehicles.
Uninsured/underinsured insurance pays for damages caused by a driver who doesn’t have enough insurance to pay for the resulting expenses, doesn’t have any insurance or fled the scene (hit and run). Even though the law requires drivers to maintain financial responsibility, the limits do not always meet the costs and there are always drivers who simply break the law and do not maintain any
coverage.
Proof of Insurance and Financial Responsibility
Establishing proof of insurance and financial responsibility
- Get a standard liability car insurance policy
- Post a bond with a state licensed company in the amount required by liability coverage
- Post cash or securities in the amount of the liability requirements with the state Treasurer
Required Documentation
In order to provide proof of insurance, you can provide one of the following:
- Insurance ID Card
- Certificate of insurance
- Proof of your bond
- Certificate of Deposit showing cash or securities posted with the Treasurer
You must maintain proof of insurance and financial responsibility and present it:
- When asked by a police officer
- After an accident
- When registering or renewing your vehicle’s registration
- Anytime you are operating a vehicle
Failure to Maintain Financial Responsibility Penalties
If you are unable to show proof of insurance, you can face the following penalties:
- $1,000 fine
- Suspension of your license for 1 year or until proof of insurance is shown
Mississippi Insurance Agents
Jackson Car Insurance | Gulfport Car Insurance | Southaven Car Insurance | Hattiesburg Car Insurance | Biloxi Car Insurance | Meridian Car Insurance | Olive Branch Car Insurance | Tupelo Car Insurance | Greenville Car Insurance | Horn Lake Car Insurance | Pearl Car Insurance | Starkville Car Insurance | Clinton Car Insurance | Ridgeland Car Insurance | Brandon Car Insurance | Columbus Car Insurance | Vicksburg Car Insurance | Pascagoula Car Insurance