A Workers' Compensation Insurance Guide for Mississippi

Full analysis of  HAZARDOUS INDUSTRIES  and  INSURANCE COSTS  in your city.

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Jackson
Gulfport
Oxford

Columbus
Southaven
Hattiesburg

Biloxi
Meridian
Tupelo

Leland
Olive Branch
Horn Lake

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Who is covered under Mississippi workers' compensation insurance?

In Mississippi, all employers with five or more regular employees are required to have workman’s compensation coverage. If an employer has fewer than five employees, workers’ comp coverage is not mandatory, but the employer can choose to provide it. 

Domestic laborers, farm laborers and employees of nonprofit, fraternal, charitable and cultural organizations are exempt from the Mississippi workers’ compensation laws. Volunteers and independent contractors are also exempt. 

CONSTRUCTION EMPLOYERS:

  Five or more employees

ALL EMPLOYERS:

Five or more employees

AGRICULTURAL EMPLOYERS:

  Exempt

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Where can you purchase Mississippi workers' comp insurance?

Mississippi has a private workers’ compensation market. This means that employers can purchase workers’ compensation insurance from any private insurance carrier or insurance agency that is licensed to sell or write it. 

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What will workers' comp insurance pay for in Mississippi?

MEDICAL BILLS

EXAMPLE: A waiter suffers severe burns and needs to be taken to the hospital.

WAGE REPLACEMENT


EXAMPLE: An employee needs to miss three days of work to recover from a back injury that happened on the factory floor.

DEATH BENEFIT

EXAMPLE: A coal miner's family receives benefits after a work-related accident.

Mississippi workers’ compensation pays for medical bills for injured or disabled workers. It also pays for lost wages if an employee cannot work while he or she recovers from the injury. In addition, Mississippi workers’ compensation insurance provides death benefits to a surviving spouse or dependents if an occupational injury leads to a workers’ death. 

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How is workers' compensation calculated in Mississippi?

Information Needed First:

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Classification Code: The National Council on Compensation Insurance (NCCI) assigns a risk classification code to every occupation in the state. Each classification code represents employers with similar exposures.

In the example below, you can see that masons in Mississippi use the classification code 5022.

EXAMPLE  :  Mason = 5022

Base Rate: Each classification code is assigned a specific dollar amount — or base rate — that is determined by how hazardous the occupation is for workers. The base rate is used to determine an individual employer’s full workers’ compensation premium. Base rates are revised each year. 

In the example below, we use the base rate $6.62 for a mason in Mississippi. 

EXAMPLE  :  Mason = 6.62%

Calculation:

BASE RATE % x (PAYROLL/100)

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EXAMPLE:

STEP 1

$100,000 Payroll / $100 = 1,000

STEP 2

1,000 X 6.62 (base rate) = 6,620  

ESTIMATED WORKERS' COMP PREMIUM:

$6,620.00

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How do experience modifiers affect Mississippi workers' compensation rates?

In many cases, an additional factor is added to the formula described above. Many employers are assigned an experience modification factor, or experience mod, which increases or decreases their workers' comp premium. 

The experience modifier is critical and will make a huge difference in what you pay over time as you establish a claims history. It is a comparison of your workman’s compensation claims experience with that of other employers of similar size and industry. Your mod is determined by your actual losses compared with expected losses for your industry (plumbers are compared to plumbers, restaurant workers to restaurant workers, etc.). Depending on your mod, your premium increase or decreases. 

AVERAGE MOD

1.0 = Does Not Impact Premium

DEBIT MOD


Greater Than 1.0 = Premiums Go Up

CREDIT MOD

Less Than 1.0 = Premiums Go Down

Employers will receive an experience modification factor when they have:

$9,000 in policy premium generated during the last year or last two years

$4,500 average policy premium generated for more than two years

If workers’ compensation policy is experience-rated, your premiums are determined by:

BASE RATE x PAYROLL x MOD

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Find Workers’ Compensation Insurance in Your City

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Jackson
Gulfport
Oxford

Columbus
Southaven
Hattiesburg

Biloxi
Meridian
Tupelo

Leland
Olive Branch
Horn Lake

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Jackson

simple divider Average Workers’ Compensation Premium for Popular Jackson Businesses

$1,330
HEALTH CARE

$1,430
ACCOMMODATION AND FOOD SERVICES

The Top Three Hazardous Industries in Jackson

Jackson is home to numerous hazardous industries, including health care; construction; and agriculture, forestry, and fishing and hunting. Health care workers are in close contact with sick and even dangerous patients every day. Construction workers use dangerous machines and tools and face a greater risk for falls and other types of injuries. Agricultural workers, forestry workers, and professional hunters or fisherman face rough weather, use dangerous equipment and are at risk from falling trees, drowning and more.  

While your workers’ compensation insurance protects you and your employees from the costs of work-related injuries and illnesses, implementing effective safety and risk management programs is the best way to keep employees safe and healthy at work. 

1 | Health Care

2 | Construction

3 | Agriculture, Forestry, Fishing and Hunting

An independent Trusted Choice® insurance agent can help you find workers’ compensation insurance for your Jackson business. An agent who is licensed to sell workers’ compensation insurance in Mississippi can help you find the best coverage for your industry and can help you assess and implement safety and risk management programs that help to keep your workers’ compensation costs under control. 

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Gulfport

simple divider Average Workers’ Compensation Premium for Popular Gulfport Businesses

$1,330
HEALTH CARE

$1,430
ACCOMMODATION AND FOOD SERVICES

The Top Three Hazardous Industries in Gulfport

Several hazardous industries are prevalent in Gulfport. Construction, truck transportation and utilities are among the top industries in the city, and all are considered to be hazardous for workers. Construction workers use dangerous machines and tools and are also at risk for falls and other types of injuries. Truck drivers face health hazards and an increased risk for injuries and fatalities due to motor vehicle accidents. Utilities workers face a greater risk for electrocution, falls and injuries due to working with dangerous equipment.  

1 | Construction

2 | Truck Transportation

3 | Utilities

Purchasing workers’ compensation, with its many variables, is complicated for most employers. If you would like to purchase workers’ compensation insurance for your Gulfport business, contact an independent Trusted Choice agent who is licensed to sell workers’ compensation insurance in Mississippi. A local agent can help you find the best coverage for your industry and can help you assess and implement safety and risk management programs that help to keep your workers’ compensation costs under control. 

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Oxford

simple divider Average Workers’ Compensation Premium for Popular Oxford Businesses

$1,430
ACCOMMODATION AND FOOD SERVICES

$1,330
HEALTH CARE

The Top Three Hazardous Industries in Oxford

Oxford’s most hazardous industries include construction, waste management services and social assistance. Construction workers have an increased risk for falls that can cause serious injuries or even death, and they use dangerous machines and tools every day. Waste management workers use dangerous machinery and may work in dangerous traffic situations. Social assistance employees often work with dangerous members of the community and may also face an increased risk of travel-related injuries and illnesses.  

1 | Construction

2 | Waste Management Services

3 | Social Assistance

If you would like to learn more about Mississippi workers’ compensation laws and obtain coverage for your Oxford business, contact an independent Trusted Choice insurance agent who is licensed to sell workers’ compensation insurance in Mississippi. An independent agent can help you find the best coverage for your industry and can help you assess and implement safety and risk management programs that help to keep your workers’ compensation costs under control. 

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Columbus

simple divider Average Workers’ Compensation Premium for Popular Columbus Businesses

$10,390
CONSTRUCTION

$1,330
HEALTH CARE

The Top Three Hazardous Industries in Columbus

Columbus is home to numerous hazardous industries, including health care, construction and miscellaneous manufacturing. Workers in all of these industries face a greater risk of injury and even death related to hazardous work with heavy equipment and machinery, dangerous materials, and exposure to serious illnesses. 

High-risk employers typically have higher workers’ compensation premiums than those in less-hazardous industries. You can reduce work-related illnesses and injuries and keep workers’ compensation costs under control by implementing comprehensive and effective safety programs across your organization.

1 | Health Care

2 | Construction

3 | Miscellaneous Manufacturing

Remember, this article offers only highly simplified examples and calculations of typical workers’ compensation premiums. If you want to purchase workers’ compensation for your Columbus business, enlist the help of a trusted adviser. To learn more about Mississippi’s workers’ compensation laws and obtain coverage, contact an experienced Trusted Choice Independent Insurance Agent. Your agent can help you find the best coverage for your industry and can help you assess and implement safety and risk management programs that help to keep your workers’ compensation costs under control. 

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Southaven

simple divider Average Workers’ Compensation Premium for Popular Southaven Businesses

$10,390
CONSTRUCTION

$1,330
HEALTH CARE

The Top Three Hazardous Industries in Southaven

The most hazardous industries in Southaven include construction, health care and truck transportation. Employees who work in these industries are exposed to a variety of dangers, from contracting serious illnesses to working with dangerous machinery and materials. Injuries and fatalities are more common in these high-risk industries. 

1 | Construction

2 | Health Care

3 | Truck Transportation

Need workers’ compensation insurance in Southaven? A Trusted Choice insurance agent can help you find the right carrier and coverage for your needs and can help you comply with state regulations. Your agent can also help you evaluate your risk management programs and find new solutions to help keep your workers’ compensation insurance costs down for good.

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Hattiesburg

simple divider Average Workers’ Compensation Premium for Popular Hattiesburg Businesses

$1,430
ACCOMMODATION AND FOOD SERVICES

$1,330
HEALTH CARE

The Top Three Hazardous Industries in Hattiesburg

Some of the most hazardous industries in Hattiesburg are health care, construction and waste management services. Employees who work in these industries are exposed to a variety of dangers, from contracting serious illnesses to working with dangerous machinery and materials. The best way to keep workers safe and to minimize workers’ compensation costs is to make safety a top priority in your workplace.

1 | Health Care

2 | Construction

3 | Waste Management Services

While the examples in this article are simplified, Mississippi workers’ compensation insurance is quite complex. A Trusted Choice agent can help you learn more about Mississippi’s workers’ compensation laws to make sure you purchase the right policy to protect your business and your employees. And an independent agent can help you get quotes from multiple insurance companies so you can be sure you are getting the best rates.

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Biloxi

simple divider Average Workers’ Compensation Premium for Popular Biloxi Businesses

$1,330
HEALTH CARE

$1,430
ACCOMMODATION AND FOOD SERVICES

The Top Three Hazardous Industries in Biloxi

Construction; agriculture, forestry, fishing and hunting; and transportation and couriers are among the most hazardous industries in Biloxi. Employees who work in these industries are exposed to a variety of dangers, from working with dangerous machinery and materials, to weather hazards, falls and motor vehicle accidents. 

1 | Construction

2 | Agriculture, Forestry, Fishing and Hunting

3 | Transportation and Couriers

Employers in Biloxi can obtain quotes and learn more about Mississippi’s workers’ compensation requirements by working with an experienced independent Trusted Choice agent. The examples provided here are highly simplified illustrations of very complex rules, regulations and pricing models. 

A local Trusted Choice agent can help you purchase a Mississippi workers’ compensation policy that protects your employees and your business from the costs of workplace injuries and illnesses.

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Meridian

simple divider Average Workers’ Compensation Premium for Popular Meridian Businesses

$1,330
HEALTH CARE

$1,430
ACCOMMODATION AND FOOD SERVICES

The Top Three Hazardous Industries in Meridian

Meridian is home to several high-hazard industries, including construction; waste management services; and agriculture, forestry, fishing and hunting. Construction and waste management workers use dangerous materials and equipment and have an increased risk for falls and motor vehicle accidents. Agricultural workers, forestry workers, and professional hunters or fisherman face rough weather, use dangerous equipment and risk injury and death from falling trees, drowning and more. 

While you have workers’ compensation insurance to protect you and your employees from the costs of work-related injury or illness, implementing effective safety and risk management programs is the best way to keep employees safe at work. 

1 | Construction

2 | Waste Management Services

3 | Agriculture, Forestry, Fishing and Hunting

Purchasing Mississippi workers’ compensation is complex and requires the help of a trusted adviser. We have provided only simplified examples and calculations in this article. 

To make sure you purchase the right policy for your Meridian business and your employees, seek help from a Trusted Choice insurance agent who can help you learn more about Mississippi’s workers’ compensation laws. An independent agent can help you get quotes from multiple insurance companies so you can be sure you are making the right choice. 

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Tupelo

simple divider Average Workers’ Compensation Premium for Popular Tupelo Businesses

$1,330
HEALTH CARE

$1,430
ACCOMMODATION AND FOOD SERVICES

The Top Three Hazardous Industries in Tupelo

The most hazardous industries in Tupelo include construction, truck transportation and waste management services. Construction workers use dangerous materials and equipment and have a greater risk for falls, injuries and fatalities. Transportation and waste management workers may be involved in motor vehicle accidents and other traffic-related incidents that can cause injuries or fatalities. 

1 | Construction

2 | Truck Transportation

3 | Waste Management Services

Remember, this article offers only highly simplified examples and calculations of typical Mississippi workers’ compensation premiums. Employers in Tupelo have a lot of options for workers’ compensation insurance. An independent insurance agent who understands your business and the Mississippi workers’ compensation laws can help guide you. 

To learn more about Mississippi workers’ compensation and obtain coverage for your business, contact an experienced Trusted Choice independent insurance. 

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Leland

simple divider Average Workers’ Compensation Premium for Popular Leland Businesses

$1,430
ACCOMMODATION AND FOOD SERVICES

$10,390
CONSTRUCTION

The Top Three Hazardous Industries in Leland

The most hazardous industries in Leland include agriculture, forestry, fishing and hunting; construction; and health care. Health care workers are in close contact with sick and even dangerous patients every day. Construction workers use dangerous machines and tools and also have an increased risk for falls and other work-related accidents. Agricultural workers, forestry workers, and professional hunters or fisherman face rough weather, use dangerous equipment and face a variety of other potential dangers every day.

1 | Agriculture, Forestry, Fishing and Hunting

2 | Construction

3 | Health Care

This article provides highly simplified examples and calculations of very complex workers’ compensation coverage. Most Leland employers can obtain quotes and learn more about Mississippi workers’ compensation requirements by working with an experienced independent insurance agent.

A local Trusted Choice agent can help guide you through the process of purchasing Mississippi workers’ compensation insurance so you get the coverage you need to protect your employees and your business. 

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Olive Branch

simple divider Average Workers’ Compensation Premium for Popular Olive Branch Businesses

$10,390
CONSTRUCTION

$1,330
HEALTH CARE

The Top Three Hazardous Industries in Olive Branch

Olive Branch is home to several high-hazard industries, including health care, construction and truck transportation. Health care workers are in close contact with sick and even dangerous patients every day, while construction workers use dangerous machines and tools as a part of their daily work. Truck drivers face an increased risk of injuries due to motor vehicle accidents. 

1 | Health Care

2 | Construction

3 | Truck Transportation

Looking for workers’ compensation insurance in Olive Branch? Mississippi workman’s comp insurance is very complex and is governed by a set of very specific rules and regulations. We have offered a variety of highly simplified examples. To learn more about Mississippi workers’ compensation insurance and obtain quotes, you need an experienced and knowledgeable independent insurance agent. 

A Trusted Choice agent can help you understand Mississippi’s workers’ compensation laws and will help you get the coverage you need to protect your employees and your business. 

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Horn Lake

simple divider Average Workers’ Compensation Premium for Popular Horn Lake Businesses

$10,390
CONSTRUCTION

$1,430
ACCOMMODATION AND FOOD SERVICES

The Top Three Hazardous Industries in Horn Lake

Construction, truck transportation and health care are among the most hazardous industries in Horn Lake. Health care employees are exposed to serious illnesses and potentially dangerous patients. Construction workers use dangerous materials and equipment and have an increased risk for falls and other serious accidents. Transportation workers are often involved in motor vehicle accidents and other traffic-related incidents that can cause injuries or fatalities.  

1 | Construction

2 | Truck Transportation

3 | Health Care

If you would like to learn more about Mississippi workers’ compensation laws and obtain coverage for your Horn Lake business, contact an independent Trusted Choice insurance agent who is licensed to sell workers’ compensation insurance in Mississippi. An independent agent can help you find the best coverage for your industry and can help you assess and implement safety and risk management programs that help to keep your workers’ compensation costs under control.

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