Mississippi Premises Liability Insurance
Get a full analysis of Mississippi premises liability insurance costs, coverage, and companies.
Written by
Ann Herro has been writing about insurance and employee benefits for over 15 years. She covers topics ranging from car insurance to healthcare costs.
Find the Best Premises Liability Insurance Options in Mississippi
If you own a business in Mississippi, you’re always at risk for lawsuits, particularly from people who visit your property. Slip and fall accidents are common, and there's a wide range of other incidents that could take place at your business that could injure someone and lead to a lawsuit.
And even if you’re not at fault, you still have to defend yourself. Regardless of how the injury occurred, you'll incur legal fees at best and a settlement or judgment against you in the worst case.
Premises liability insurance covers your legal costs when a customer or a non-employee is injured on your property.
An independent insurance agent can help you find business insurance that includes premises liability coverage. Local agents can get quotes from multiple carriers so you can find the right coverage for your needs.
What Are the Best Premises Liability Insurance Companies in Mississippi?
Premises liability insurance is part of a comprehensive business insurance program. The following are some of the best business insurance companies in Mississippi. They are highly rated for their mix of valuable coverage offerings and competitive pricing.
- EMC Insurance Companies: EMC is in the top 60 business insurance companies in the United States. The company specializes in designing well-rounded insurance programs to protect the financial assets of many types of businesses and organizations.
- Liberty Mutual: Liberty Mutual is headquartered in Boston, MA, and has been offering business insurance since 1912. Today, the company offers a flexible, multi-line range of coverages designed to meet the needs of any business, regardless of size or industry.
- Main Street America: Main Street America was founded in 1923, giving the carrier just under a century of experience. The company offers a large catalog of coverage options for individuals and businesses, including umbrella insurance, auto insurance, commercial auto insurance, business owners insurance, and more.
- Progressive: Progressive is based in Ohio but offers business insurance across all 50 states, including Mississippi. Mississippi residents can look to Progressive for most of their insurance needs.
- Nationwide: Nationwide provides business insurance and other popular types of insurance coverage in Mississippi. The company is headquartered in Columbus, OH, and is represented by independent insurance agents in 50 states.
An independent insurance agent in your area can help you learn more about these and other Mississippi premises liability insurance companies. A local agent can help you get competitive quotes for the coverage that fits your needs.
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What Is Premises Liability Insurance?
Premises liability insurance is a component of your commercial general liability (CGL) insurance.
A standard part of every business insurance policy, premises liability insurance is designed to protect property owners and operators if someone is injured in an accident on their property or premises, and the accident can be attributed to the company's negligence.
This insurance can cover your business's financial obligations, including legal defense fees, court costs, settlement costs, court-ordered judgments, and other expenses related to the incident.
An independent insurance agent can help you understand how premises liability coverage works in Mississippi.
What Is the Premises Liability Law in Mississippi?
In 2019, the Mississippi state legislature passed the Landowners Protection Act (Bill 2901). This bill limits the liability of land and business owners if someone is injured on their property.
This law makes it so that business owners, homeowners, and other property owners are responsible for third-party injuries on their premises only if negligence on their part is to blame. This was considered a win for business owners as it reduced their likelihood of facing a premises liability lawsuit.
However, if an owner or operator of a property is shown to have been negligent or in some way to have impelled an accident or injury to occur, they are responsible for covering all third-party medical treatments and associated financial losses.
Talk to a local independent insurance agent to understand more about the Mississippi Landowners Protection Act.
What Does Premises Liability Insurance Cover in Mississippi?
Premises liability insurance can cover the costs associated with third-party injuries at your place of business or other properties for which you have ownership or control.
Here are examples of the types of injuries or accidents it covers:
- Slip-and-fall injuries
- Injuries that occur on elevators or escalators
- Injuries that can be attributed to poor maintenance and upkeep of public areas
- Burns and other injuries caused by fires
- Injuries or property damage caused by water leaks or flooding on the premises
- Third-party illnesses caused by exposure to toxic fumes, chemicals, or substances on the premises
- Injuries that occur in swimming pools
- Injuries caused by amusement rides
- Dog bites and other injuries caused by animals
In most cases, if a visitor, guest, or other non-trespassing third-party individual is injured on your business property and your business can be held responsible, your premises liability insurance can provide coverage.
An independent insurance agent can help you understand what is covered by premises liability insurance in Mississippi.
What Does Premises Liability Insurance in Mississippi Not Cover?
As with any type of business insurance in Mississippi, premises liability insurance has some limitations on what it will cover. Your Mississippi premises liability policy will not cover the following:
- Damage to your commercial property that occurred due to an accident on your premises. This is covered by commercial property insurance.
- Injuries sustained by you or your employees in an accident on your business premises. On-the-job injuries need to be covered by workers’ compensation insurance.
- Injuries sustained by trespassers on your property. Trespassers will find it extremely difficult to sue your business for injuries incurred on your property.
The good news is that most of what premises liability insurance will not pay for can be covered by other insurance policies. An independent insurance agent can help you understand the exclusions and where your other Mississippi business insurance policies can fill the gap.
What Does Premises Liability Insurance Cost in Mississippi?
Premises liability insurance is rarely purchased on its own. Typically, this coverage is included as part of your commercial general liability insurance. Factors that can influence how much your coverage will cost include the following:
- The type of business you are insuring
- The size of your property in square feet
- The amount of foot traffic your property experiences
- Whether your property includes any hazardous features such as an escalator, elevator, swimming pool, or amusement rides
- Your company’s claims history
When shopping for any insurance policy, it is beneficial to compare customized quotes from a few competing insurers to make certain that the policy you are purchasing is offered at a reasonable price. An independent insurance agent can get quotes from multiple insurance companies, so you can choose the Mississippi business insurance that best meets your needs and budget.
How to Find the Best Premises Liability Insurance Quotes in Mississippi
An independent insurance agent in Mississippi can provide one-on-one consultation and affordable options for the best premises liability insurance for your unique needs. Your agent will work with you free of charge, offering you a variety of options so you can make the best choice.
Save on Business Insurance
Our independent agents shop around to find you the best coverage.
Mississippi Premises Liability Insurance FAQs
Premises liability insurance is a component of your commercial general liability (CGL) insurance.
A standard part of every business insurance policy, premises liability insurance is designed to protect property owners and operators if someone is injured in an accident on their property or premises, and the accident can be attributed to the company's negligence.
This insurance can cover your business's financial obligations, including legal defense fees, court costs, settlement costs, court-ordered judgments, and other expenses related to the incident.
A premises liability lawsuit holds a property owner responsible for any damages arising out of an injury on that person or entity's property. Owners that occupy a property must make a reasonable effort to maintain a safe environment for visitors.
If someone tries to sue you after being injured on your property, they'll need to prove the following elements:
- There was a dangerous condition on your property
- You (or whoever controls the property) were negligent
- The person was injured, or their property was damaged because of that negligence
The Landowners Protection Act limits the liability of land and business owners if someone is injured on their property.
This law makes it so that business owners, homeowners, and other property owners are responsible for third-party injuries on their premises only if negligence on their part is to blame. However, if an owner or operator of a property is shown to have been negligent or in some way to have impelled an accident or injury to occur, they are responsible for covering all third-party medical treatments and associated financial losses.
If you rent your business space, you may or may not be responsible for damages that occur on the premises.
In some cases, the terms of who is liable for injuries that occur on the property will be spelled out in your lease. Other times, both you and your landlord may share responsibility for liability lawsuits.
If you are a landlord, the reverse is also true. If you rent out commercial space to others, unless you have explicitly stated otherwise in the lease agreement, you will likely share the liability costs if someone is injured on the property.
Premises liability insurance can cover the costs associated with third-party injuries at your place of business or other properties for which you have ownership or control.
Here are examples of the types of injuries or accidents it covers:
- Slip-and-fall injuries
- Injuries that occur on elevators or escalators
- Injuries that can be attributed to poor maintenance and upkeep of public areas
- Burns and other injuries caused by fires
- Injuries or property damage caused by water leaks or flooding on the premises
- Third-party illnesses caused by exposure to toxic fumes, chemicals, or substances on the premises
- Injuries that occur in swimming pools
- Injuries caused by amusement rides
- Dog bites and other injuries caused by animals
Premises liability insurance is rarely purchased on its own. Typically, it is included as part of your commercial general liability insurance. Factors that can influence how much your coverage will cost include the following:
- The type of business you are insuring
- The size of your property in square feet
- The amount of foot traffic your property experiences
- Whether your property includes any hazardous features such as an escalator, elevator, swimming pool, or amusement rides
- Your company’s claims history
EMC Insurance Companies, Liberty Mutual, Main Street America, Progressive, and Nationwide are some of the best business insurance companies in Mississippi. They are highly rated for offering broad coverage, top-notch customer service, and a variety of affordable options.
Comparison shopping is the best way to make sure you're getting the best premises liability insurance for your needs and budget.
A local independent insurance agent can help you find a competitively priced Mississippi business insurance. Contact an agent in your area to begin comparing customized quotes.