Finding the best general liability insurance in Mississippi requires careful consideration of various factors. These include coverage options, pricing, financial strength and customer satisfaction.

After thorough research, The Hartford emerged as the best overall company for general liability insurance in the state. It offers a cost of $43 per month for limited liability companies (LLCs) with 20 employees and $30 per month for sole proprietors with no employees.

The cheapest company in the state is Next, which offers a monthly cost of $28 for LLCs with 20 employees. Sole proprietors with no employees pay $25 per month for coverage.

MoneyGeek Logo IconBest General LiabilityMississippi

Best General Liability Insurance in Mississippi

Why Trust MoneyGeek? We collected 1,229 general liability insurance quotes and analyzed cost information alongside customer satisfaction and financial stability reports to determine the best general liability insurance companies for small businesses in Mississippi.

recency icon

Coverage costs and company information for general liability insurance providers in Mississippi were last updated in 2023.

1,229Quotes Analyzed
6 Companies Compared
50 Zip Codes

Best Overall General Liability Insurance in Mississippi

The Hartford is the top-ranked company for general liability insurance in Mississippi, with a MoneyGeek score of 92 out of 100. The table below displays the cost and MoneyGeek score for all evaluated companies in Mississippi, providing valuable information for business owners searching for the best general liability insurance to meet their specific needs.

How was this MoneyGeek score calculated?

The HartfordMoneyGeek Score92Monthly Cost Without Employees$30Monthly Cost With 20 Employees$43
ThimbleMoneyGeek Score91Monthly Cost Without Employees$22Monthly Cost With 20 Employees$66
NationwideMoneyGeek Score90Monthly Cost Without Employees$36Monthly Cost With 20 Employees$41
NextMoneyGeek Score89Monthly Cost Without Employees$25Monthly Cost With 20 Employees$28
biBERKMoneyGeek Score89Monthly Cost Without Employees$23Monthly Cost With 20 EmployeesNo Data
HiscoxMoneyGeek Score85Monthly Cost Without Employees$29Monthly Cost With 20 Employees$125
Best OverallScore: 92
The Hartford
4/5LLC Affordability
2/5Sole Proprietor Affordability
5/5Customer Satisfaction
4/5Financial Stability
4/5Online Quote Process

Affordable for LLCs

Good customer service

Financially stable

Reasonably fast quote times


Expensive for sole proprietors

Company Highlights

The Hartford is a prominent insurance company that offers comprehensive general liability insurance coverage. Their policies are tailored to meet the unique needs of businesses, providing protection against claims of injury or property damage.

The company has a strong reputation for financial stability and excellent customer service. Its rates are affordable, and potential customers can get a quote in just over one minute.

Cheapest General Liability Insurance in Mississippi

Next is the most affordable general liability insurance company in New York, with average rates of $28 per month for LLCs and $25 per month for sole proprietors.

Our affordability score considers the monthly costs for both entity types, allowing us to rank companies accordingly. However, it's worth noting that the winner may not always have the lowest cost for both types of entities.

How was this MoneyGeek score calculated?

CheapestScore: 97
5/5LLC Affordability
4/5Sole Proprietor Affordability
0/5Customer Satisfaction
2/5Financial Stability
4/5Online Quote Process

Get online quotes quickly

Most affordable rates for LLCs


Average affordability for sole proprietors

Poor financial stability score

Company Highlights

Next is a notable provider of general liability insurance, catering to the needs of small businesses. Their online platform allows for a seamless and convenient experience, offering quick quotes and policy issuance.

The company offers the cheapest rates for LLCs and the third most affordable rates for sole proprietors compared to the other companies we evaluated. However, Next has a lower financial stability rating than other insurers, indicating that it may have trouble fulfilling its financial obligations.

Best General Liability Insurance for Employers in Mississippi

Nationwide ranks best for employers in our general liability insurance study, earning a MoneyGeek score of 96 out of 100. The average monthly cost for LLCs with 20 employees is $41.

It's worth noting that the number of employees plays a significant role in the cost of general liability insurance. Businesses with fewer than 20 employees can generally expect to pay less than the average cost, while those with a larger employee count may incur higher premiums.

How was this MoneyGeek score calculated?

Best for EmployersScore: 96
4/5LLC Affordability
5/5Customer Satisfaction
4/5Financial Stability
3/5Online Quote Process

Good customer service

Financially stable

Excellent affordability score for LLCs


May take time to get a quote online

Company Highlights

Nationwide is one of the top commercial insurance underwriters in the United States, with a wide range of business insurance offerings. They provide specialized coverage for various industries.

This insurer offers the third most affordable rates for LLCs out of the companies we evaluated, has excellent financial stability and is known for good customer service. It could improve on its quote process since it takes over two minutes to get a quote.

Best General Liability Insurance for Sole Proprietors in Mississippi

biBERK ranked as the best insurer for sole proprietors with a MoneyGeek score of 97 out of 100. Rankings are based on the average cost for sole proprietors with no employees costing only $23 per month. However, costs could be higher for sole proprietors in riskier industries, such as construction.

How was this MoneyGeek score calculated?

Best for Sole ProprietorsScore: 97
5/5Sole Proprietor Affordability
4/5Customer Satisfaction
5/5Financial Stability
3/5Online Quote Process

Affordable rates

Can acquire quotes online

User-friendly platform


May take time to get quotes

Company Highlights

biBERK is a leading insurance company specializing in general liability insurance for sole proprietors. Their online platform allows for a seamless experience, enabling sole proprietors to easily obtain quotes, although it may take a couple of minutes to get an estimate.

With this company, you can get the second cheapest rates for sole proprietors, have confidence in the insurer’s ability to pay out claims due to its AM Best rating and receive excellent customer service.

Do You Need General Liability Insurance in Mississippi?

While general liability insurance may not be legally required at the state level, business owners should still consider purchasing it for their protection. General liability coverage provides financial security by safeguarding businesses from potential lawsuits and claims of property damage or bodily injury. It covers legal fees, medical expenses and damages, allowing business owners to focus on their operations without the burden of significant financial liabilities. Additionally, even though it may not be mandatory to operate, general liability insurance could be required to obtain business licenses or secure contracts in specific industries.

In Mississippi, businesses are required to have workers' compensation insurance if they have five or more employees. Regarding commercial auto insurance, Mississippi requires all registered business vehicles to have liability coverage. The minimum liability limits are set at $25,000 per person for bodily injury, $50,000 per accident for bodily injury and $25,000 per accident for property damage.

Understanding and adhering to these business insurance requirements in Mississippi is crucial for business owners to operate legally and protect their interests.

smallBusiness icon

Mississippi offers a resource program called the Mississippi Small Business Development Center (MSBDC), which provides a wide range of support services to small business owners. They provide one-on-one consulting, workshops on topics like business planning and marketing, assistance with specialized financing and access to resources for starting, growing and managing a small business in Mississippi.

How Much Is General Liability Insurance in Mississippi?

In Mississippi, the average monthly cost of general liability insurance is $61 for LLCs and $27 for sole proprietors. The policy limits set are a $2 million aggregate limit, a $1 million occurrence limit and a $0 deductible.

The aggregate limit refers to the maximum amount the insurance will pay for all claims during the policy period, while the occurrence limit is the maximum amount it will pay for a single claim. The deductible is how much the business must pay out of pocket before the insurer starts paying claims.

Factors That Impact General Liability Insurance Costs in Mississippi

The cost of general liability insurance varies for each business depending on several specific factors. These factors play a crucial role in determining coverage costs and premiums.

    insurance2 icon

    Policy limits

    The coverage limits chosen for general liability insurance can impact premiums. Higher coverage limits provide increased protection but may result in higher premiums, while lower limits may lower the premium costs but cause you to pay more if you are in a lawsuit.

    wage icon

    Number of employees and payroll costs

    The size of a business, including the number of employees and the amount spent on payroll, can affect insurance costs. Generally, businesses with more employees and higher payroll costs may have higher premiums. This is evident from our LLC and sole proprietorship cost data in Mississippi, where businesses with more employees tend to have higher insurance costs.

    business icon

    Business location

    The location of a business is another significant factor. Riskier locations, such as areas prone to natural disasters or higher crime rates, can lead to higher insurance costs. It's important to note that the statewide averages we found may vary at the city level.

    uninsured icon

    Claims history

    Previous claims filed by a business can impact premiums. A history of claims suggests a higher risk profile, which may result in higher premiums.

    hammer icon


    The industry in which a business operates also impacts general liability insurance costs. High-risk industries, like construction, often have higher premiums due to the increased potential for accidents or claims. The table below shows general liability insurance premium averages in different industries.

CleaningMonthly Cost Without Employees$100Monthly Cost With 20 Employees$2,241
General ContractorMonthly Cost Without Employees$206Monthly Cost With 20 Employees$3,483
Software DevelopmentMonthly Cost Without Employees$27Monthly Cost With 20 Employees$61

Frequently Asked Questions About General Liability Insurance in Mississippi

In Mississippi, business owners should consider buying general liability insurance. To assist business owners in finding the best and most cost-effective insurance providers in the state, we have compiled responses to frequently asked questions.

Which company has the best general liability insurance in Mississippi?
Which company has the cheapest general liability insurance in Mississippi?
What does general liability insurance cover in Mississippi?
Does Mississippi require businesses to have general liability insurance?

About Melissa Wylie

Melissa Wylie headshot

Melissa Wylie is the Content and SEO Manager at MoneyGeek, with nearly a decade of editorial experience and six years of work in financial content focused on small businesses. She previously held SEO positions at Bankrate and LendingTree, with bylines on ValuePenguin and MagnifyMoney.

Wylie has a journalism degree from the University of North Texas. Her strong foundation in journalism helps her craft content that simplifies complex financial topics to help everyone feel confident when making decisions with their money.