What is the minimum liability coverage required for a commercial auto in Mississippi?

In Mississippi, the minimum liability coverage required for a commercial auto policy is indeed 100/300/50. This means that the policy must provide $100,000 for bodily injury per person, $300,000 for bodily injury per accident, and $50,000 for property damage.

This structure is designed to ensure that adequate financial protection is in place for both the driver and potential victims of an accident. The higher limits compared to some states reflect a commitment to provide enough coverage to address the financial implications of vehicular accidents, which can be significant given medical costs and vehicle repairs.

Furthermore, while lower coverage limits may appear attractive due to potentially lower premiums, Mississippi's requirement for these specific minimums ensures that all drivers maintain a baseline of responsibility and accountability in the event of an accident. This protects not just the drivers, but also the public, and contributes to overall road safety in the state.