NEXT leads the field for workers' comp insurance in Mississippi, standing out for customer service and comprehensive coverage options. The Hartford and Simply Business offer equally reliable alternatives for business owners.
Workers' Comp Insurance in Mississippi
NEXT is Mississippi's top workers' comp insurance provider with an overall score of 4.61 out of 5, based on our analysis.
Compare top Mississippi workers' comp insurance providers and find your ideal coverage.
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Updated: October 1, 2025
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Key Takeaways
NEXT, The Hartford and Simply Business stand out as Mississippi's top-rated workers' compensation insurance providers.
The best workers' comp provider for your business in Mississippi depends on your specific industry risks, number of employees, past claims and available budget.
To find the best small business insurance in Mississippi for workers' comp, start by collecting quotes, checking each provider's industry expertise, reviewing their service records and comparing policy features.
Best Workers' Comp Insurance Companies in Mississippi
| NEXT | 4.61 | $69 |
| The Hartford | 4.54 | $70 |
| Simply Business | 4.53 | $71 |
| Coverdash | 4.46 | $73 |
| biBERK | 4.44 | $75 |
| Nationwide | 4.43 | $81 |
| Progressive Commercial | 4.41 | $71 |
| Thimble | 4.40 | $71 |
| Hiscox | 4.38 | $72 |
| Chubb | 4.27 | $85 |
How Did We Determine These Rates and Rankings?
These rates are estimates based on MoneyGeek's analysis of small businesses with two employees across 79 major industries. Actual rates vary based on your business location, industry risk factors, claims history, coverage limits and individual insurer underwriting criteria. Contact insurers directly for personalized quotes.
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LEARN MORE ABOUT BUSINESS INSURANCE IN MISSISSIPPI
Running a business in Mississippi requires careful consideration of your insurance needs beyond basic workers' compensation coverage. To protect your business comprehensively, explore these valuable other types of coverage:
Best Mississippi Workers’ Comp Insurance Reviews
NEXT and The Hartford emerge as Mississippi's premier providers, offering exceptional coverage for business owners with workers' comp requirements.
NEXT
Best Overall Provider
MoneyGeek Rating
4.6/ 5
4.4/5Affordability
4.7/5Customer Experience
4.8/5Coverage Options
Average monthly premium
$69Based on average costs across Mississippi businessesOur survey: Claims process
3.9/5Rating based on customer satisfaction with claims handlingOur survey: Recommend to others
4.8/5Percentage of customers who would recommend NEXT
The Hartford
Runner-Up Best Provider
MoneyGeek Rating
4.5/ 5
4.4/5Affordability
4.6/5Customer Experience
4.7/5Coverage Options
Average monthly premium
$70Based on average costs across similar businessesOur survey: Claims process
4.5/5Rating from our annual customer satisfaction surveyOur survey: Recommend to others
4.5/5Percentage of customers who would recommend this provider
Cheapest Workers' Comp Insurance Companies in Mississippi
Mississippi businesses can secure the cheapest workers' comp insurance from NEXT for $69 monthly ($832 annually). The Hartford and Thimble provide competitive alternatives at $70 and $71 per month, respectively. The table below shows costs from all companies we analyzed:
| NEXT | $69 | $832 |
| The Hartford | $70 | $836 |
| Thimble | $71 | $851 |
| Progressive Commercial | $71 | $852 |
| Simply Business | $71 | $857 |
| Hiscox | $72 | $860 |
| Coverdash | $73 | $877 |
| biBERK | $75 | $903 |
| Nationwide | $81 | $975 |
| Chubb | $85 | $1,021 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Your actual premium depends on where your business is located, what industry you're in, how many employees you have, and other factors insurers consider.
Average Cost of Workers’ Comp Insurance in Mississippi
Workers' compensation insurance in Mississippi costs business owners $74 per month ($886 annually), matching the national monthly average. Mississippi's rates can vary based on your industry's risk level, number of employees, annual payroll and past claims experience.
Average Cost of Workers' Comp in Mississippi by Industry
In Mississippi, workers' comp insurance cost varies dramatically by industry risk level. Speech therapists pay the lowest premiums at $6 monthly, while roofing companies face higher rates at $836 per month. This substantial difference reflects the varying workplace injury risks across different professions.
| Accountants | $21 | $246 |
| Ad Agency | $16 | $191 |
| Auto Repair | $153 | $1,836 |
| Automotive | $117 | $1,408 |
| Bakery | $53 | $638 |
| Barber | $14 | $168 |
| Beauty Salon | $15 | $175 |
| Bounce House | $40 | $486 |
| Candle | $40 | $484 |
| Cannabis | $84 | $1,011 |
| Catering | $74 | $886 |
| Cleaning | $49 | $591 |
| Coffee Shop | $47 | $561 |
| Computer Programming | $28 | $337 |
| Computer Repair | $24 | $289 |
| Construction | $183 | $2,200 |
| Consulting | $30 | $366 |
| Contractor | $165 | $1,985 |
| Courier | $228 | $2,735 |
| DJ | $14 | $168 |
| Daycare | $13 | $162 |
| Dental | $11 | $134 |
| Dog Grooming | $65 | $785 |
| Drone | $27 | $324 |
| Ecommerce | $22 | $260 |
| Electrical | $58 | $690 |
| Engineering | $39 | $463 |
| Excavation | $107 | $1,279 |
| Florist | $61 | $729 |
| Food | $43 | $511 |
| Food Truck | $46 | $547 |
| Funeral Home | $27 | $322 |
| Gardening | $47 | $562 |
| HVAC | $63 | $753 |
| Handyman | $94 | $1,131 |
| Home-based | $10 | $121 |
| Hospitality | $70 | $835 |
| Janitorial | $49 | $592 |
| Jewelry | $30 | $362 |
| Junk Removal | $141 | $1,696 |
| Lawn/Landscaping | $38 | $454 |
| Lawyers | $53 | $638 |
| Manufacturing | $59 | $714 |
| Marine | $151 | $1,808 |
| Massage | $15 | $176 |
| Mortgage Broker | $14 | $167 |
| Moving | $262 | $3,140 |
| Nonprofit | $32 | $386 |
| Painting | $139 | $1,665 |
| Party Rental | $38 | $450 |
| Personal Training | $25 | $301 |
| Pest Control | $70 | $845 |
| Pet | $31 | $372 |
| Pharmacy | $6 | $76 |
| Photography | $17 | $205 |
| Physical Therapy | $7 | $83 |
| Plumbing | $65 | $779 |
| Pressure Washing | $83 | $1,002 |
| Real Estate | $30 | $364 |
| Restaurant | $64 | $767 |
| Retail | $35 | $423 |
| Roofing | $836 | $10,029 |
| Security | $53 | $630 |
| Snack Bars | $44 | $530 |
| Software | $27 | $320 |
| Spa/Wellness | $18 | $211 |
| Speech Therapist | $6 | $72 |
| Startup | $13 | $158 |
| Tech/IT | $28 | $330 |
| Transportation | $231 | $2,768 |
| Travel | $7 | $84 |
| Tree Service | $224 | $2,693 |
| Trucking | $269 | $3,232 |
| Tutoring | $10 | $121 |
| Veterinary | $20 | $236 |
| Wedding Planning | $28 | $339 |
| Welding | $118 | $1,412 |
| Wholesale | $40 | $481 |
| Window Cleaning | $212 | $2,538 |
How Much Workers' Comp Insurance Do I Need in Mississippi?
In Mississippi, businesses with five or more employees must get workers' compensation insurance. This coverage ensures employees receive medical care and wage replacement benefits if they suffer work-related injuries or illnesses.
Employers who fail to maintain proper coverage face fines up to $1,000 per employee for each day of non-compliance, unless you're exempted from having workers' comp. The state may also pursue misdemeanor charges.
Sole proprietors
Self-employed business owners can typically opt out of workers' comp coverage for themselves while still maintaining coverage for any employees
Corporate officers
Executive officers who own at least 25% of company stock can elect to exclude themselves from coverage by filing appropriate documentation
Real estate agents
Licensed real estate professionals working on commission basis are generally exempt when operating under independent contractor agreements
Domestic workers
Household employees working fewer than 40 hours per week or earning below state threshold amounts often qualify for exemption
Agricultural workers
Small farm operations with limited seasonal workers or family members frequently qualify for exemption from coverage requirements
Professional athletes
Athletes in certain professional sports leagues operate under separate injury coverage systems outside standard workers' comp
Religious organizations
Members of religious orders performing duties for their organization are typically exempt from mandatory coverage requirements
Maritime workers
Employees covered under federal maritime laws like the Jones Act are exempt from state workers' comp requirements
How to Get the Best Workers' Comp Insurance in Mississippi
Getting business insurance in Mississippi doesn't have to be complicated. You can find coverage while keeping business insurance rates for workers' comp reasonable.
- 1Check state requirements first
Mississippi law requires most businesses with five or more employees to carry workers' compensation insurance.
- 2Collect essential business data
Prepare accurate payroll records, employee count, and job classifications before requesting quotes for Mississippi business insurance. Wrong information can result in premium adjustments or coverage gaps during claims.
- 3Get multiple insurance quotes
Contact at least three insurance providers to see which one offers the cheapest business insurance. Workers' comp rates in Mississippi can vary between carriers for the same coverage level.
- 4Find industry-specific expertise
Select insurers who understand your business type and Mississippi regulations. This expertise helps you comply with state safety requirements and ensure proper coverage, including other types of small business insurance beyond workers' comp.
- 5Review provider track records
Examine each insurer's claim processing speed and complaint history. Look for added benefits like workplace safety programs and injury prevention resources.
- 6Understand your policy details
Review coverage limits and payment options, such as pay-as-you-go workers' comp carefully.
- 7Schedule annual coverage reviews
Mark your calendar for yearly policy evaluations.
Mississippi Workers’ Comp: Bottom Line
Mississippi businesses have access to several reliable workers' compensation insurance providers. Our analysis shows NEXT, The Hartford and Simply Business lead the market with strong coverage options. Consider getting quotes from these providers and compare their offerings based on your specific industry needs and company size to find the best fit.
Mississippi Workers' Comp Insurance: FAQ
Understanding workers' comp insurance requirements and costs in Mississippi often creates uncertainty for business owners. Find clear answers to your most common questions in our FAQ guide below.
Is workers' comp insurance required for all Mississippi businesses?
Mississippi businesses with five or more employees must carry workers' compensation insurance. Common exemptions include domestic workers, farm laborers, independent contractors and corporate officers who own at least 15% of company stock. Employers who fail to maintain coverage face fines up to $1,000, potential imprisonment up to one year and civil penalties.
How much does workers' comp insurance cost in Mississippi?
NEXT offers the most affordable workers' comp insurance in Mississippi at $69 per month ($832 annually). Your specific premium will vary based on your industry risk level, number of employees, payroll size and claims history.
What does workers' comp insurance cover in Mississippi?
Mississippi workers' comp insurance covers medical expenses and partial wage replacement for work-related injuries or illnesses. Benefits include hospital care, rehabilitation and disability payments. The insurance protects employers from lawsuits while providing essential coverage for employees, but not independent contractors.
Which workers' comp insurance company is best in Mississippi?
NEXT leads Mississippi's workers' comp providers with a 4.61 overall score, excelling in customer service (4.70) and coverage options (4.80). The Hartford follows at 4.54, known for consistent service quality, while Simply Business (4.53) stands out for having the highest coverage score (4.90). Choose based on your priority: service quality, reliability or coverage breadth.
What happens if I don't have workers' comp insurance in Mississippi?
In Mississippi, employers with five or more workers must carry workers' compensation insurance or face serious penalties. Violations can result in fines up to $1,000, potential criminal charges and direct payment of injured workers' medical costs and lost wages. The Mississippi Workers' Compensation Commission enforces compliance and can order businesses to cease operations.
Do sole proprietors need workers' comp insurance in Mississippi?
Sole proprietors in Mississippi are exempt from mandatory workers' compensation insurance. However, those working in high-risk industries like construction or roofing must carry coverage. Some sole proprietors opt to purchase workers' comp voluntarily for financial protection against work-related injuries.
How do I choose the right workers' comp insurance company in Mississippi?
Start by getting quotes from at least three workers' comp insurance providers in Mississippi. Look for carriers with specific experience in your industry sector and compare their claims handling processes. Review customer satisfaction ratings and complaint records with the Mississippi Insurance Department before making your final selection.
How We Scored the Best Workers' Comp Insurance Companies in Mississippi
- Affordability (50%): Cost drives every small business insurance decision in Mississippi's expensive market. We compared monthly premiums across all companies, since even comprehensive policies won't help if you can't afford them.
- Customer experience (30%): When your employee gets hurt, you'll need an insurer that handles claims quickly and treats injured workers fairly. We used J.D. Power ratings, Mississippi Department of Insurance complaint data and independent reviews.
- Coverage options (15%): We evaluated each company's policy flexibility, add-on options and coverage limitations for specific Mississippi industries and regulatory requirements.
- Financial strength (5%): Premium savings don't matter if your insurer struggles financially. We checked AM Best ratings to ensure recommended carriers can deliver on their promises.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like 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!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.