There are more than 230,000 businesses in Mississippi and they all rely on commercial auto insurance for added protection. For business owners, any source of profit is beneficial in keeping the business afloat. This is why it is important to take steps to mitigate any potential risks.
Since vehicles play a vital role in maintaining your business operation, it is also smart to find ways to protect your fleet. Whether you are a home-based business or employs more than 100 people, commercial auto insurance protects you from significant liability.
There are significant statistics that make buying commercial auto insurance policy in Mississippi a must. According to this 2018 article, Mississippi is one of the most dangerous states to drive a car in the US. There is an average of over 60 fatalities per year due to car crashes. This is a very significant data given that the state is only the US’ 31st most populated state. It has a traffic fatality rate of more than 22 percent!
In addition, the traffic fatalities per year involve at least one truck or commercial vehicle. More than half of the truck accidents happen in the rural areas and not in the cities as you would expect.
These factors combine to make commercial auto insurance one of the most important investments for business owners. It will protect you from any financial and legal liabilities involved with car accidents.
The state of Mississippi has imposed minimum liability coverage requirements for commercial vehicles. Failure to comply with the minimum coverage requirement is $1,000 and a year in jail.
The minimum liability coverage for bodily injury is $25,000 per person or $50,000 per accident. Meanwhile, you must also purchase at least $25,000 worth in liability coverage for property damage.
1923 Dunbarton Dr A, Jackson, MS 39216
(601) 981-1574
http://www.aikeninsure.com/
309 Audubon Pl, Jackson, MS 39206
No phone number found
https://ins.jdwinsured.com/commercial-trucking-insurance-mississippi/
2629 Ridgewood Rd, Jackson, MS 39216
(601) 932-4541
http://www.southerninsms.com/contact-us/
405 W College St, Booneville, MS 38829
(662) 720-1150
http://transportationinsurance.net/
136 Westover Dr, Hattiesburg, MS 39402
(601) 268-0601
http://www.baylisinsurance.com/
825 N President St, Jackson, MS 39202
(601) 354-0616
http://www.mstrucking.org/
5643 Highway 18 South, Ste C, Jackson, MS 39209
(601) 922-2121
https://www.hawseyinsurance.com/
1535 E County Line Rd, Jackson, MS 39211
(601) 718-1546
https://local.directauto.com/mississippi/jackson/1535-east-county-line-road