The limit of risk of all industrial fire insurance policies issued as such in the State of Mississippi shall not exceed Forty Thousand Dollars ($40,000.00) on any one (1) dwelling risk of fire and allied lines, nor Twenty Thousand Dollars ($20,000.00) on the contents risk of fire and allied lines on any one (1) dwelling, nor Twenty Thousand Dollars ($20,000.00) on the risk of real or personal property loss resulting from burglary or theft.
Structure Mississippi Code
§ 83-13-3. Liabilities and reserves
§ 83-13-5. Amount of insurance
§ 83-13-7. Mortgagees protected in order of priority
§ 83-13-11. Conditions to be stated in full
§ 83-13-17. Industrial fire insurance policies
§ 83-13-19. Unauthorized companies denied access to courts
§ 83-13-25. Form to be used by fire departments for minimum payments from insurers