GroundRules
Miss. Code Ann. § 83-54-11: Exclusions from coverage.
Where this section sits in the code
- Title 83. Insurance
- Chapter 54. Mississippi Creditor-Placed Insurance Act
(1) Creditor-placed insurance coverage shall not include:
(a) Coverage for the cost of repossession;
(b) Skip, confiscation and conversion coverage;
(c) Coverage for payment of mechanics’ or other liens that do not arise from a covered loss occurrence;
(d) Coverage that requires a debtor’s insurance deductible to be less than Two Hundred Dollars ($200.00); or
(e) Coverage that is broader than the insurance coverages that meet the minimum insurance requirements of the credit agreement.
(2) Nothing in this section shall be deemed to prohibit the issuance of a separate policy or endorsement providing the coverages listed in subsection (1) of this section. However, no charge shall be passed along to the debtor for the coverages.
Collected 2026-10-27T05:54:33Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source