In Mississippi, the fault-based system is followed when it comes to dealing with the legalities of a car accident. The financial responsibilities that must be covered after a car accident such as any injuries, property damage, and lost income, must be dealt with according to this legal system.
The driver or individual who is found guilty of causing the collision is the one who will be required to pay for all the losses that arose from the accident. Depending on the details of the case, a person who is injured in an accident has the option of filing a claim with their insurer, filing a claim with the at-fault drivers’ carrier, or by filing a lawsuit against the driver who caused the collision. It is important to keep in mind that if a person’s insurer does have them covered for such a claim, they will likely turn to the at-fault drivers’ carrier and request the money from them.
In other states, individuals are not given so many options and they generally only have the choice of turning to their insurer for compensation, unless the damages suffered are very severe.
What are the car insurance requirements in Mississippi?
In Mississippi, the compulsory automobile insurance system mandates that every driver must have proper liability insurance and they must also carry proof of this insurance in the vehicle. The insurance must contain a minimum of $50,000 in liability coverage concerning total bodily injury, $25,000 for bodily injury for one person, and $25,000 for property damage.
Technically speaking, drivers can post a bond containing these amounts, or they are allowed to make equivalent monetary security deposits to prove they are financially prepared and responsible, but most people opt to purchase a liability insurance policy as that is what is most practical for them.
Getting injured in a collision can be expensive, and anyone who gets into a serious accident will likely need proper monetary compensation to cover all the losses they suffered. Apart from the injuries a person faces and the medical bills they have to pay, they will also miss time off work to recover resulting in lost wages, and they may face property damage and other damages as well.
Anyone who gets into a car accident should speak with a car accident lawyer as soon as possible so they are not taken advantage of and so they understand the options they have regarding fair compensation.
Get in touch with a car accident lawyer at the Heilman Law Group Today.
Reach out to them at:
4266 I-55 North
Jackson, Mississippi 39211