ERGO NEXT tops MoneyGeek's rankings as the best professional liability insurance provider in Mississippi with highly-rated customer service, comprehensive coverage matching and a user-friendly digital platform. The Hartford is Mississippi's cheapest professional indemnity insurer at $71 monthly, saving business owners $7 per month compared to the state average. Simply Business, Coverdash and Nationwide provide competitive options among the top errors and omissions insurance carriers in the state.
Best Professional Liability Insurance Mississippi
Find MS professional liability insurance starting at $26 per month from top providers like ERGO NEXT, The Hartford and Simply Business.
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Updated: January 21, 2026
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Professional Liability Insurance Mississippi: Key Takeaways
ERGO NEXT provides the best professional liability insurance in Mississippi, while The Hartford delivers the most affordable coverage starting at $71 monthly (Read More).
Mississippi businesses pay an average of $78 monthly or $934 annually for professional liability insurance costs, placing the state among the more affordable options nationwide (Read More).
Professional liability insurance shields Mississippi businesses from financial losses due to professional mistakes, negligence claims, and failures to deliver promised services (Read More).
Mississippi doesn't mandate professional liability insurance for most businesses, though healthcare providers and other regulated professions typically must carry this coverage (Read More).
Mississippi business owners should request small business insurance quotes from multiple providers to compare coverage limits, premiums, and policy features (Read More).
Best Professional Liability Insurance Companies in Mississippi
| ERGO NEXT | 4.73 | $73 |
| The Hartford | 4.66 | $71 |
| Simply Business | 4.51 | $76 |
| Coverdash | 4.45 | $78 |
| Nationwide | 4.45 | $82 |
| biBERK | 4.43 | $80 |
| Progressive Commercial | 4.39 | $75 |
| Hiscox | 4.36 | $77 |
| Thimble | 4.25 | $77 |
| Chubb | 4.25 | $89 |
How Did We Determine The Best Professional Liability Insurance in Mississippi?
These rates are estimates based on MoneyGeek's proprietary analysis of small businesses with two employees across 79 major industries and should not be considered quotes. Your actual rate will differ based on business-specific factors. Contact insurers directly for accurate pricing tailored to your business needs.
LEARN MORE ABOUT BUSINESS INSURANCE IN MISSISSIPPI
Professional liability insurance is just one piece of protecting your Mississippi business. Explore these additional state-specific guides for comprehensive coverage:
1. ERGO NEXT: Best Professional Liability Insurance in MS
pros
Tops Mississippi rankings for overall score and customer service for professional liability insurance
Top-rated digital platform with 24/7 policy access and management
Instant online coverage in 10 minutes with immediate certificates
Personalized coverage matching for both types and limit amounts
Backed by Munich Re's A+ Superior financial strength rating
cons
Less than 10 years in business (founded 2016)
Claims process ranks fourth nationally, slower than some competitors
COMPANY HIGHLIGHTS
Mississippi small business owners secure professional liability coverage in 10 minutes online without calling an agent or scheduling appointments. A Jackson financial consultant or Gulfport IT professional downloads certificates of insurance instantly at 2 a.m. for next-day client meetings through ERGO NEXT's mobile app. At $73 monthly, ERGO NEXT costs $5 below Mississippi's average and saves business owners $60 annually while providing 24/7 policy management with no wait times or agent scheduling.
2. The Hartford: Cheapest Professional Liability Insurance in MS
pros
Lowest professional liability rates in Mississippi at $71 monthly
Best claims handling and overall satisfaction ratings nationally
A+ Superior financial strength backed by over 200 years experience
Specialized coverage options for tech, legal and medical professionals
cons
Digital experience ranks tenth nationally among major insurers
Traditional agent model requires more time than digital competitors
COMPANY HIGHLIGHTS
The Hartford delivers Mississippi's cheapest professional liability insurance at $71 monthly, saving small business owners $77 annually compared to the state average. A Biloxi real estate firm or Jackson technology consultant saves money while accessing first-ranked claims handling and overall satisfaction scores. The insurer's more than 200 years of experience and A+ Superior financial strength rating provide Mississippi businesses with reliable coverage that ensures claims get paid when needed.
3. Simply Business: Best Professional Liability Insurance Coverage Options in MS
pros
Ranks first for coverage options with access to 16+ carriers
Backed by Travelers' A++ Superior financial strength rating
Compares multiple quotes in 10 minutes instead of calling insurers
Broker model finds coverage for hard-to-insure businesses others reject
cons
More expensive than direct insurers in MoneyGeek's Mississippi study
Claims process ranks eighth nationally, indicating slower resolution times
COMPANY HIGHLIGHTS
Mississippi business owners benefit from Simply Business's broker model when direct insurers reject their applications or offer limited coverage. A Hattiesburg medical consultant with malpractice claims history or Tupelo technology firm with cyber liability needs secures specialized professional liability coverage through Simply Business's network of 16+ carriers. The broker compares quotes from top insurers in 10 minutes, finding policies that match unique professional risks other providers won't cover at $76 monthly.
Average Cost of Professional Liability Insurance in Mississippi
Professional liability insurance costs in Mississippi range significantly across different industries. Florists pay the most affordable rates at around $37 per month, while mortgage brokers face the highest costs at approximately $165 per month. You can find specific rates for your business by using the filtering tool below to explore industry-specific pricing.
Data filtered by:
Select
| Accountants | $147 | $1,762 |
| Ad Agency | $100 | $1,196 |
| Auto Repair | $82 | $984 |
| Automotive | $76 | $916 |
| Bakery | $53 | $638 |
| Barber | $43 | $518 |
| Beauty Salon | $48 | $576 |
| Bounce House | $58 | $698 |
| Candle | $41 | $495 |
| Cannabis | $121 | $1,450 |
| Catering | $78 | $936 |
| Cleaning | $54 | $651 |
| Coffee Shop | $61 | $734 |
| Computer Programming | $104 | $1,248 |
| Computer Repair | $62 | $741 |
| Construction | $78 | $941 |
| Consulting | $107 | $1,284 |
| Contractor | $63 | $753 |
| Courier | $50 | $602 |
| DJ | $46 | $550 |
| Daycare | $108 | $1,295 |
| Dental | $82 | $982 |
| Dog Grooming | $56 | $670 |
| Drone | $107 | $1,280 |
| Ecommerce | $61 | $729 |
| Electrical | $64 | $762 |
| Engineering | $105 | $1,259 |
| Excavation | $69 | $824 |
| Florist | $37 | $441 |
| Food | $110 | $1,314 |
| Food Truck | $59 | $703 |
| Funeral Home | $82 | $984 |
| Gardening | $40 | $483 |
| HVAC | $81 | $975 |
| Handyman | $55 | $660 |
| Home-based business | $37 | $450 |
| Hospitality | $75 | $904 |
| Janitorial | $50 | $606 |
| Jewelry | $61 | $733 |
| Junk Removal | $67 | $809 |
| Lawn/Landscaping | $52 | $622 |
| Lawyers | $148 | $1,777 |
| Manufacturing | $60 | $718 |
| Marine | $88 | $1,053 |
| Massage | $107 | $1,288 |
| Mortgage Broker | $165 | $1,980 |
| Moving | $83 | $993 |
| Nonprofit | $49 | $591 |
| Painting | $63 | $755 |
| Party Rental | $55 | $665 |
| Personal Training | $70 | $840 |
| Pest Control | $96 | $1,153 |
| Pet | $46 | $553 |
| Pharmacy | $58 | $694 |
| Photography | $64 | $772 |
| Physical Therapy | $94 | $1,127 |
| Plumbing | $92 | $1,107 |
| Pressure Washing | $58 | $692 |
| Real Estate | $127 | $1,519 |
| Restaurant | $83 | $995 |
| Retail | $55 | $664 |
| Roofing | $99 | $1,184 |
| Security | $101 | $1,215 |
| Snack Bars | $47 | $569 |
| Software | $94 | $1,123 |
| Spa/Wellness | $109 | $1,310 |
| Speech Therapist | $98 | $1,178 |
| Startup | $72 | $863 |
| Tech/IT | $99 | $1,183 |
| Transportation | $97 | $1,161 |
| Travel | $97 | $1,165 |
| Tree Service | $78 | $931 |
| Trucking | $111 | $1,337 |
| Tutoring | $61 | $735 |
| Veterinary | $118 | $1,413 |
| Wedding Planning | $75 | $905 |
| Welding | $78 | $933 |
| Wholesale | $62 | $740 |
| Window Cleaning | $63 | $760 |
How Did We Determine These Mississippi Professional Liability Insurance Rates?
These rates are estimates based on MoneyGeek's proprietary analysis of small businesses with two employees across 79 major industries and should not be considered quotes. Your actual rate will differ based on business-specific factors. Contact insurers directly for accurate pricing tailored to your business needs.
What Does Mississippi Professional Liability Insurance Cover?
Mississippi professional liability insurance protects your business when clients claim you made mistakes or failed to deliver promised services. The policy covers damages from these claims plus the legal costs to defend yourself.
This coverage goes by several names:
- Errors and omissions insurance (E&O)
- Malpractice insurance (used mainly in healthcare and law)
- Professional indemnity insurance
How Much Professional Liability Insurance Do I Need in Mississippi?
Mississippi doesn't require professional liability insurance for most businesses. However, contracts often mandate $1 million per occurrence and $2 million aggregate coverage. Healthcare professionals face hospital requirements rather than state mandates. Facilities like University of Mississippi Hospital in Jackson and North Mississippi Medical Center in Tupelo require physicians to carry $1 million/$3 million malpractice insurance before granting admitting privileges.
Who Needs Professional Liability Insurance in Mississippi?
Mississippi businesses providing professional services through client contracts or facing professional negligence risks should secure errors and omissions coverage. The following professions face significant liability exposure and need professional liability insurance protection.
Medical Professionals
Mississippi doesn't mandate malpractice insurance by state law, but hospitals require coverage before granting admitting privileges. University of Mississippi Hospital in Jackson and North Mississippi Medical Center in Tupelo require physicians to maintain $1 million per occurrence and $3 million aggregate malpractice insurance, making professional liability coverage essential for practicing medicine statewide.
Real Estate Professionals
The Mississippi Real Estate Commission requires all licensed agents to maintain errors and omissions insurance for real estate as part of licensing requirements, with enforcement around E&O deadlines and penalties for lapsed coverage. E&O insurance protects against claims from contract errors, disclosure mistakes or missed deadlines that can occur despite Mississippi's 60-hour pre-licensing education and mandatory post-license training.
Construction Contractors
The Mississippi State Board of Contractors requires licensing for commercial projects exceeding $50,000 and residential remodeling over $10,000, regulating the state's 10,600 licensed contractors in its fastest-growing employment sector. Commercial contractors must maintain $300,000 per occurrence and $600,000 aggregate coverage, while professional liability insurance protects against claims from design errors, project delays or failure to meet contractual specifications.
Technology Professionals
Mississippi's technology sector is experiencing unprecedented growth following Amazon Web Services' $10 billion investment in Madison County and $3 billion investment in Warren County data centers, the largest capital investment in state history. Technology consultants, software developers and IT service providers need tech E&O insurance to protect against claims from data breaches, software failures or missed project deliverables as the state establishes itself as a regional technology hub.
Accounting Professionals
The Mississippi State Board of Public Accountancy licenses CPAs who must complete 150 semester hours of education and maintain 40 hours of continuing education annually to serve the state's agriculture, manufacturing, healthcare, tourism and technology sectors. CPAs providing audit, tax and consulting services need accountants' professional liability insurance to protect against claims from calculation errors, missed filing deadlines or incorrect financial advice.
How to Get the Best Professional Liability Insurance in Mississippi
Our step-by-step guide walks you through how to get business insurance in Mississippi that matches your professional liability coverage needs and budget.
- 1Assess your professional liability insurance coverage needs
Start by evaluating your business risks, client contract requirements and Mississippi industry-specific exposures. A Madison County technology consultant supporting AWS's $13 billion data center expansion needs cyber liability protection, while a Hattiesburg accountant serving Delta agricultural clients faces different professional risks requiring tailored coverage amounts.
- 2Work with a local agent
Look for an agent familiar with Mississippi's diverse economy, from Gulf Coast tourism to manufacturing hubs, who understands how business insurance costs vary across the state. A Tupelo medical practice competing for hospital privileges at North Mississippi Medical Center needs an agent who knows the $1 million/$3 million credentialing requirements differ from general practice needs in smaller Mississippi communities.
- 3Get quotes and compare coverage details
Request quotes from at least three Mississippi-licensed insurers, then verify their licenses through the Mississippi Insurance Department's company search to ensure legitimacy before comparing affordable business insurance rates and policy terms. A Biloxi construction contractor working on post-hurricane coastal rebuilding projects should examine wind and storm exclusions plus deductibles, not just premium costs, when evaluating policies.
- 4Research the best providers
Beyond pricing, research insurers through the Mississippi Insurance Department's consumer complaint database and AM Best ratings to find companies with strong financial stability and fair claims practices. The Department's Consumer Help Line (800-562-2957) can verify if an insurer is licensed in Mississippi and provide complaint history to help Jackson-area professionals avoid carriers with poor claim resolution records.
- 5Consider bundling discounts
Mississippi insurers serving the state's business-friendly, low-cost-of-living market often reward bundling professional liability with other types of business insurance like commercial property or business owner policies. A Vicksburg real estate brokerage operating near the new AWS data center campus saves $240 annually (15% discount) by bundling E&O insurance with commercial property coverage for its office location.
- 6Don't let your coverage lapse
Mississippi's growing economy, with construction employment up 17% and technology sector expansion, means professionals frequently switch carriers for better rates. However, gaps in coverage leave you unprotected. A Gulfport medical consultant relocating from hospital employment to private practice must ensure continuous coverage through tail coverage (extended reporting coverage) to protect against claims from previous hospital patients. Mississippi hospitals require proof of tail coverage before releasing physicians from employment contracts.
Get Mississippi Professional Liability Insurance Quotes
MoneyGeek matches Mississippi businesses with professional liability insurers suited to your industry and risk profile. Enter your details below to compare quotes from multiple carriers and secure coverage that'll protect your practice.
Get Matched To The Best MS Professional Liability Insurer For You
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Mississippi Professional Liability: Bottom Line
Finding the right professional liability insurance in Mississippi starts with understanding your industry risks and client contract requirements. ERGO NEXT ranks first in our analysis, but your business needs and budget should guide your final choice. Work with a Mississippi agent to assess your exposures, compare coverage options and secure protection that'll shield your practice from liability claims.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.