#business insurance in Natchitoches and Bossier City

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How House Insurance in Natchitoches and Shreveport, Los Angeles Protects One on Vacation

Considering hitting the road for some much-needed relaxation? Well, here’s some upbeat news: homeowners’ insurance policies might have homeowners back while they’re on the move.

Let’s delve into which policy segments can tag along on one’s vacation and explore how one can fill in the gaps.

Personal Liability

The personal liability section of house insurance in Natchitoches and Shreveport, Los Angeles, steps in if one’s actions lead to bodily injury or property damage for someone else. Surprisingly, this shield typically travels with the homeowner. So, if someone’s at a friend’s place and accidentally topples a pricey vase, this policy might pay a replacement bill.

Likewise, personal liability coverage could come to the rescue should one be renting a beach house and inadvertently causing damage. Remember, policies vary, so dig into the nitty-gritty details or chat with the agent to understand the coverage limits.

Medical Expenses Coverage

Medical expense coverage covers immediate medical treatment costs if someone gets injured on one’s property. Usually capped at a few thousand dollars, this coverage aims to reimburse medical bills for those injured on their premises, per their policy terms and limits.

Similar to personal liability coverage, this type of homeowner’s insurance may accompany one on one’s travels. The policy might spell out coverage for “injuries sustained by a third party either on or off the insured’s premises,” encompassing incidents at home or elsewhere.

Again, it all depends on the specifics of the policy language.

Property Damage

More good tidings: the section of homeowners insurance guarding belongings (personal property coverage) often holds sway whether homeowners are home or away. In simple terms, if a pilferer snatches their luggage while they’re catching Zs one night (fingers crossed this doesn’t happen), home insurance might come to the rescue for replacing the clothes, shoes, and other everyday items within.

Check out the policy for the lowdown on coverage limits, keeping in mind that home insurance often puts a cap on high-value items like jewelry or artwork. The fix? Exclusive coverage elevates limits on various personal property types, including watercraft, jewelry, watches, silverware, firearms, and business property.

Some insurers also throw in a scheduled personal property endorsement.

Fill the gaps with travel insurance.

While house insurance can throw a protective arm around policyholders during their getaway, it won’t safeguard their investment in the vacation itself or compensate them for certain mishaps. For instance, the medical expenses portion of their homeowners policy won’t cough up if they or a family member falls ill or gets injured on vacation.

For that kind of safeguard, consider travel insurance, which can provide:

Medical and Dental Expense Coverage: Some policies cover emergency medical treatments during one’s vacation.

Reimbursement for Canceled Trips: Many travel expenses are non-refundable, but travel insurance may reimburse them if they’re forced to cancel at the last minute, depending on the reason.

Partial Reimbursement for Shortened Trips: If bad weather cuts one’s vacation short, travel insurance might compensate for the missed part of their trip.

Baggage Protection: Damaged, lost, or stolen luggage can throw a wrench in one’s plans, but travel insurance can at least offer compensation for replacements.

24-Hour Assistance: Some policies include a hotline for guidance in case of emergencies, particularly handy if the insured encounters connectivity issues, language barriers, or needs advice on the best medical facilities.

Vacations are all about escaping the ordinary worries of life. While homeowners insurance can be one’s travel companion, ensuring their safety and their belongings for enhanced on-the-road protection, don’t overlook the benefits of travel insurance. And if one’s favorite vacation spot becomes a second home, widening protection with the right insurance policy is worth considering.

As for one’s business, business insurance in Natchitoches and Bossier City, Los Angeles, is an essential requirement. With suitable business insurance, business owners can rest assured that they have a safety net shielding them from potential financial losses, unforeseen liabilities, and unexpected challenges. This coverage not only safeguards the business's physical assets but also provides a protective barrier against legal issues, ensuring continuity and peace of mind for entrepreneurs in Natchitoches and Bossier City, Louisiana.

[aestheticsharry]

Louisiana Bid Bonds

The below post is an excellent intro to bid bonds. Bid bonds, as you are mindful, are bonds utilized in the construction industry. These bonds ensure that if someone bids on a project, and is granted the contract, then they will move forward with performing under the regards to the arrangement.

See the below article for more excellent info. You can see the initial short article here: https://swiftbonds.com/bid-bond/louisiana-2/

Louisiana Bid Bonds

What is a Bid Bond in Louisiana?

A bid bond is one of the types of surety bonds, which guarantees that the bidder will enter into the agreement and complete it according to its terms. It provides assurance to the project owner that the bidder has the knowhow and wherewithal to finish the job once you are selected after the bidding process. The basic reason is that you need one to get the work. But the larger question is why are more owners/developers requiring a surety bid bond? The basic answer is risk. Given the uncertainty of the marketplace, which includes experienced contractors going out of business, to municipalities filing bankruptcy (or just slow paying), has led to owners being afraid that their contractors will be unable complete the work. Thus, they require a some protection.

Just fill out our bond application here and email it to gary@swiftbonds.com – click here to get our Louisiana Bid Bond Application

A bid bond is issued as part of a bid by a surety bond company to the project owner. The owner is then assures that the winning bidder will take on the contract under the terms at which they bid.

Most bid bonds contain a bid percentage (usually 5% or 10%, is forfeited if you don’t accept the job).

How much does a Bid Bond Cost in Louisiana?

Swiftbonds does not charge for a bid bond (with two exceptions, see below). The reason that we don’t charge for a bid bond is that we will charge for the P&P bond if you win the contract. The cost of the bond can vary widely depending on the amount of coverage that is required (see below).

Two exceptions for bid bond charges: 1) We do charge for Overnight fees 2) We will charge you if there is NOT going to be a bond covering the contract.

How much do bonds cost in LA?

Bond prices fluctuate based on the job size (that is, it’s based on the cost of the underlying contract). The cost of a bond is estimated through a couple of back-of-the-envelope calculations. In general, the cost is approximately three percent (3%) for jobs under $800,000 and then the percentage is lower as the contract amount increases. We work diligently to find the lowest premiums possible in the state of Louisiana. Please call us today at (913) 286-6501. We’ll find you the very best rate possible for your maintenance bond or completion bond. Things that can affect this pricing are the perceived risk of the job, the financial position of the entity being bonded, plus other factors.

Bond Amount Needed Fee 2-3% >$800,000 1.5-3% >$1.500,000 1-3%

These rates are for Merit clients, Standard rates are higher

How do I get a Bid Bond in Louisiana?

We make it easy to get a contract bid bond. Just click here to get our Louisiana Bid Bond Application. Fill it out and then email it and the Louisiana bid specs/contract documents to gary@swiftbonds.com or fax to 855-433-4192.

You can also call us at (913) 286-6501. We thoroughly review each and every application for bid bonds and then submit it to the surety that we believe will provide the best bid bond for your company. We have a great success rate in getting our clients surety bid bonds at the best rates possible.

What is a Louisiana Bid Bond?

A bid bond is a bond that guarantees that you will accept the work if you win the contract. The bid fee (usually five or ten percent) is a forfeiture that is paid when you win the bid, but then refuse the work.

Find a Bid Bond near Me

Typically, a bid bond and payment and performance bond are done together in the same contract by the surety. This way, the owner of the project is assured that the project can be completed pursuant to the terms of the contract and that it will not be liened by any contractor. This is risk security for the owner of the project.

Who Gets the Bond?

The general contractor is the entity that gets the bond. It is for the benefit of the owner (or in the case of government contract work, the governmental entity). However, it’s the general contractor that has to apply for the bond and be underwritten before the bid bond is written by the surety. This is also known as bonding a business.

We provide bid bonds in each of the following counties:

Acadia Allen Ascension Assumption Avoyelles Beauregard Bienville Bossier Caddo Calcasieu Caldwell Cameron Catahoula Claiborne Concordia De Soto East Baton Rouge East Carroll East Feliciana Evangeline Franklin Grant Iberia Iberville Jackson Jefferson Jefferson Davis La Salle Lafayette Lafourche Lincoln Livingston Madison Morehouse Natchitoches Orleans Ouachita Plaquemines Pointe Coupee Rapides Red River Richland Sabine St. Bernard St. Charles St. Helena St. James St. John The Baptist St. Landry St. Martin St. Mary St. Tammany Tangipahoa Tensas Terrebonne Union Vermilion Vernon Washington Webster West Baton Rouge West Carroll West Feliciana Winn

And Cities: New Orleans Baton Rouge Lafayette Shreveport Lake Charles Alexandria Slidell Houma Hammond Bossier City

See our Maine Bid Bond page here.

More on Bid Bonds https://swiftbonds.com/bid-bond/.

Learning More About Applying and Finding The Right Bid Bonds For Your Needs

Bid Bonds can be complicated to apply for, especially if you don’t understand how they work. Most individuals consider this as insurance, but it’s actually a type of guarantee that the principal will perform their work properly for the obliged. Insurance companies usually offer a Surety Bid Bond, but you cannot call it insurance because its function is different. Most individuals will require you to get a bid bond before they consider your services as it is a form of guarantee to them.

If you’d like to consider applying for a bid bond or other bonds, you must understand how they work. We will provide you information on the importance of Bid Bonds and how they actually work.

The Importance Of A Surety Bid Bond

Bid Bonds will always be in demand to protect the public because it is a kind of assurance that your obligations and duties will be completed. Most states require you to get a license surety bond to ensure that your company will adhere to state code and laws and you get a contract bond to guarantee that a public project will be completed. A Surety Bid Bond is meant for the obliged since they are the ones that are being protected, but it will also benefit you because the clients will trust you and your work. There are thousands of bonds right now and the type of bond that you are trying to find will depend upon your situation.

The Primary Purpose Of A Surety Bid Bond

Bid Bonds are a three-party agreement between the principal, the obliged and the surety company. The principal is the employer or company which will perform the work and the obliged is known as the project owner. Construction companies will almost always be required by law to acquire Bid Bonds if they’re chosen for a public project. The government will require a construction company to get a host of bonds before they work on a certain project. The bond will ensure that the sub-contractors and the other workers will be paid even if the contractor defaults. The contractor will cover the losses, but when they reach their limit, the duty will fall to the surety company.

How To Apply For A Surety Bid Bond

Bid Bonds are provided by insurance providers, but there are standalone surety businesses that focus on these products. A surety company must be licensed by a state Department of Insurance.

It won’t be easy to apply for a bond since the applicants will have to go through a process that is comparable to applying for a loan. The bond underwriters will look into the credit profile of the applicant, their financial history and other key factors.

It means that there is a chance that you won’t be approved for a bid bond, particularly if the bond underwriters see something from your credit rating that makes them think you will be a risk.

How Much Will You Spend?

You cannot put an exact cost on a Surety Bid Bond because the cost is affected by numerous factors like the bond type, bond amount, where it will likely be issued, contractual risk, credit history of the applicant and more. There are thousands of different bonds available today and the cost will depend on the bond that you want to get. The amount of the bond will be a factor because you could select a $10,000 bond or a $25,000 bond or higher.

If you already have a credit history of 700 and above or very near this number, you can be eligible for the standard bonding market and you will need to pay 1 to 4 percent of the Surety Bid Bond amount. It means that if you obtain a $10,000 bond, you only have to pay $100 to $400 for the interest.

Your Application For A Bid Bond Could Be Rejected

There is a possibility that your bid bond request will be refused by the surety company since it will depend upon the information that they can get from the background check. If the surety company thinks that it will be a risk to give you a bid bond, they will deny your application. Your credit history is one of the most important factors to be approved for a bid bond because if you have a bad credit history, it shows a risk of default on the bond.

You CAN get a bid bond even if you have a bad credit score, but most likely you will pay an interest rate upwards of 10 to 20 percent.

If you plan to get a Surety Bid Bond, make certain you understand what is required prior to deciding. It is not easy to apply for, but if you know more about them, it will be a little bit easier to be approved.

A Deeper Look At Quote Bonds in Construction If awarded, a Quote Bond is a type of surety bond utilized to ensure that a professional bidding on a task or task will get in into the agreement with the obligee.

A Bid Bond is released in the quantity of the agreement quote, with the identical requirements as that of a Performance Bond.

All About Quote Bonds in Building And Construction The origins of our business was carefully connected with the provision of efficiency bonds to the contracting industry. It discovered that the private contractor typically was insolvent when the task was awarded, or grew to end up being insolvent earlier than the challenge was finished.

The standing of your surety firm is important, because it guarantees you that when you have problems or if worse involves worst you'll have a trusted partner to turn to and get help from. We work just with T-listed and a-rated business, most likely the most trustworthy corporations in the market.

Generally no, they are different. Nonetheless, quote bonds mechanically turn into performance bonds in case you are awarded the contract.

What Is A Building Surety Bond? The origins of our organisation was thoroughly connected with the arrangement of efficiency bonds to the contracting market. Even if some tasks do not require cost and efficiency bonds, you will require to get bonded lastly because the bulk of public efforts do require the bonds. The longer a small contractor waits to get bonded, the more resilient it will be considering that there will not be a observe report of satisfying the necessary requirements for bonding and carrying out bonded work.

It's your pre-authorized bond limits. Bond pressures welcome single and mix limits. The only limit is the greatest bond you may get for one particular task. The aggregate limitation is the entire amount of bonded work readily available you perhaps can have without delay.

The Value Of Bid Bonds near You Arms, generators, radio towers, tree removal, computer systems, softward, smoke alarm, ornamental work, scaffolding, water towers, lighting, and resurfacing of present roads/paved locations. Quote bonds additionally function an extra warranty for job owners that a bidding professional or subcontractor is certified to execute the job they're bidding on. There are two causes for this.

https://swiftbonds.com/bid-bond/louisiana-2/

[delspanda]

Louisiana Bid Bonds

The below post is an excellent intro to bid bonds. Bid bonds, as you are mindful, are bonds utilized in the construction industry. These bonds ensure that if someone bids on a project, and is granted the contract, then they will move forward with performing under the regards to the arrangement.

See the below article for more excellent info. You can see the initial short article here: https://swiftbonds.com/bid-bond/louisiana-2/

Louisiana Bid Bonds

What is a Bid Bond in Louisiana?

A bid bond is one of the types of surety bonds, which guarantees that the bidder will enter into the agreement and complete it according to its terms. It provides assurance to the project owner that the bidder has the knowhow and wherewithal to finish the job once you are selected after the bidding process. The basic reason is that you need one to get the work. But the larger question is why are more owners/developers requiring a surety bid bond? The basic answer is risk. Given the uncertainty of the marketplace, which includes experienced contractors going out of business, to municipalities filing bankruptcy (or just slow paying), has led to owners being afraid that their contractors will be unable complete the work. Thus, they require a some protection.

Just fill out our bond application here and email it to gary@swiftbonds.com – click here to get our Louisiana Bid Bond Application

A bid bond is issued as part of a bid by a surety bond company to the project owner. The owner is then assures that the winning bidder will take on the contract under the terms at which they bid.

Most bid bonds contain a bid percentage (usually 5% or 10%, is forfeited if you don’t accept the job).

How much does a Bid Bond Cost in Louisiana?

Swiftbonds does not charge for a bid bond (with two exceptions, see below). The reason that we don’t charge for a bid bond is that we will charge for the P&P bond if you win the contract. The cost of the bond can vary widely depending on the amount of coverage that is required (see below).

Two exceptions for bid bond charges: 1) We do charge for Overnight fees 2) We will charge you if there is NOT going to be a bond covering the contract.

How much do bonds cost in LA?

Bond prices fluctuate based on the job size (that is, it’s based on the cost of the underlying contract). The cost of a bond is estimated through a couple of back-of-the-envelope calculations. In general, the cost is approximately three percent (3%) for jobs under $800,000 and then the percentage is lower as the contract amount increases. We work diligently to find the lowest premiums possible in the state of Louisiana. Please call us today at (913) 286-6501. We’ll find you the very best rate possible for your maintenance bond or completion bond. Things that can affect this pricing are the perceived risk of the job, the financial position of the entity being bonded, plus other factors.

Bond Amount Needed Fee 2-3% >$800,000 1.5-3% >$1.500,000 1-3%

These rates are for Merit clients, Standard rates are higher

How do I get a Bid Bond in Louisiana?

We make it easy to get a contract bid bond. Just click here to get our Louisiana Bid Bond Application. Fill it out and then email it and the Louisiana bid specs/contract documents to gary@swiftbonds.com or fax to 855-433-4192.

You can also call us at (913) 286-6501. We thoroughly review each and every application for bid bonds and then submit it to the surety that we believe will provide the best bid bond for your company. We have a great success rate in getting our clients surety bid bonds at the best rates possible.

What is a Louisiana Bid Bond?

A bid bond is a bond that guarantees that you will accept the work if you win the contract. The bid fee (usually five or ten percent) is a forfeiture that is paid when you win the bid, but then refuse the work.

Find a Bid Bond near Me

Typically, a bid bond and payment and performance bond are done together in the same contract by the surety. This way, the owner of the project is assured that the project can be completed pursuant to the terms of the contract and that it will not be liened by any contractor. This is risk security for the owner of the project.

Who Gets the Bond?

The general contractor is the entity that gets the bond. It is for the benefit of the owner (or in the case of government contract work, the governmental entity). However, it’s the general contractor that has to apply for the bond and be underwritten before the bid bond is written by the surety. This is also known as bonding a business.

We provide bid bonds in each of the following counties:

Acadia Allen Ascension Assumption Avoyelles Beauregard Bienville Bossier Caddo Calcasieu Caldwell Cameron Catahoula Claiborne Concordia De Soto East Baton Rouge East Carroll East Feliciana Evangeline Franklin Grant Iberia Iberville Jackson Jefferson Jefferson Davis La Salle Lafayette Lafourche Lincoln Livingston Madison Morehouse Natchitoches Orleans Ouachita Plaquemines Pointe Coupee Rapides Red River Richland Sabine St. Bernard St. Charles St. Helena St. James St. John The Baptist St. Landry St. Martin St. Mary St. Tammany Tangipahoa Tensas Terrebonne Union Vermilion Vernon Washington Webster West Baton Rouge West Carroll West Feliciana Winn

And Cities: New Orleans Baton Rouge Lafayette Shreveport Lake Charles Alexandria Slidell Houma Hammond Bossier City

See our Maine Bid Bond page here.

More on Bid Bonds https://swiftbonds.com/bid-bond/.

Learning More About Applying and Finding The Right Bid Bonds For Your Needs

Bid Bonds can be complicated to apply for, especially if you don’t understand how they work. Most individuals consider this as insurance, but it’s actually a type of guarantee that the principal will perform their work properly for the obliged. Insurance companies usually offer a Surety Bid Bond, but you cannot call it insurance because its function is different. Most individuals will require you to get a bid bond before they consider your services as it is a form of guarantee to them.

If you’d like to consider applying for a bid bond or other bonds, you must understand how they work. We will provide you information on the importance of Bid Bonds and how they actually work.

The Importance Of A Surety Bid Bond

Bid Bonds will always be in demand to protect the public because it is a kind of assurance that your obligations and duties will be completed. Most states require you to get a license surety bond to ensure that your company will adhere to state code and laws and you get a contract bond to guarantee that a public project will be completed. A Surety Bid Bond is meant for the obliged since they are the ones that are being protected, but it will also benefit you because the clients will trust you and your work. There are thousands of bonds right now and the type of bond that you are trying to find will depend upon your situation.

The Primary Purpose Of A Surety Bid Bond

Bid Bonds are a three-party agreement between the principal, the obliged and the surety company. The principal is the employer or company which will perform the work and the obliged is known as the project owner. Construction companies will almost always be required by law to acquire Bid Bonds if they’re chosen for a public project. The government will require a construction company to get a host of bonds before they work on a certain project. The bond will ensure that the sub-contractors and the other workers will be paid even if the contractor defaults. The contractor will cover the losses, but when they reach their limit, the duty will fall to the surety company.

How To Apply For A Surety Bid Bond

Bid Bonds are provided by insurance providers, but there are standalone surety businesses that focus on these products. A surety company must be licensed by a state Department of Insurance.

It won’t be easy to apply for a bond since the applicants will have to go through a process that is comparable to applying for a loan. The bond underwriters will look into the credit profile of the applicant, their financial history and other key factors.

It means that there is a chance that you won’t be approved for a bid bond, particularly if the bond underwriters see something from your credit rating that makes them think you will be a risk.

How Much Will You Spend?

You cannot put an exact cost on a Surety Bid Bond because the cost is affected by numerous factors like the bond type, bond amount, where it will likely be issued, contractual risk, credit history of the applicant and more. There are thousands of different bonds available today and the cost will depend on the bond that you want to get. The amount of the bond will be a factor because you could select a $10,000 bond or a $25,000 bond or higher.

If you already have a credit history of 700 and above or very near this number, you can be eligible for the standard bonding market and you will need to pay 1 to 4 percent of the Surety Bid Bond amount. It means that if you obtain a $10,000 bond, you only have to pay $100 to $400 for the interest.

Your Application For A Bid Bond Could Be Rejected

There is a possibility that your bid bond request will be refused by the surety company since it will depend upon the information that they can get from the background check. If the surety company thinks that it will be a risk to give you a bid bond, they will deny your application. Your credit history is one of the most important factors to be approved for a bid bond because if you have a bad credit history, it shows a risk of default on the bond.

You CAN get a bid bond even if you have a bad credit score, but most likely you will pay an interest rate upwards of 10 to 20 percent.

If you plan to get a Surety Bid Bond, make certain you understand what is required prior to deciding. It is not easy to apply for, but if you know more about them, it will be a little bit easier to be approved.

A Deeper Look At Quote Bonds in Construction If awarded, a Quote Bond is a type of surety bond utilized to ensure that a professional bidding on a task or task will get in into the agreement with the obligee.

A Bid Bond is released in the quantity of the agreement quote, with the identical requirements as that of a Performance Bond.

All About Quote Bonds in Building And Construction The origins of our business was carefully connected with the provision of efficiency bonds to the contracting industry. It discovered that the private contractor typically was insolvent when the task was awarded, or grew to end up being insolvent earlier than the challenge was finished.

The standing of your surety firm is important, because it guarantees you that when you have problems or if worse involves worst you'll have a trusted partner to turn to and get help from. We work just with T-listed and a-rated business, most likely the most trustworthy corporations in the market.

Generally no, they are different. Nonetheless, quote bonds mechanically turn into performance bonds in case you are awarded the contract.

What Is A Building Surety Bond? The origins of our organisation was thoroughly connected with the arrangement of efficiency bonds to the contracting market. Even if some tasks do not require cost and efficiency bonds, you will require to get bonded lastly because the bulk of public efforts do require the bonds. The longer a small contractor waits to get bonded, the more resilient it will be considering that there will not be a observe report of satisfying the necessary requirements for bonding and carrying out bonded work.

It's your pre-authorized bond limits. Bond pressures welcome single and mix limits. The only limit is the greatest bond you may get for one particular task. The aggregate limitation is the entire amount of bonded work readily available you perhaps can have without delay.

The Value Of Bid Bonds near You Arms, generators, radio towers, tree removal, computer systems, softward, smoke alarm, ornamental work, scaffolding, water towers, lighting, and resurfacing of present roads/paved locations. Quote bonds additionally function an extra warranty for job owners that a bidding professional or subcontractor is certified to execute the job they're bidding on. There are two causes for this.

https://swiftbonds.com/bid-bond/louisiana-2/

[nsula]

Pat Jones named University CFO

NATCHITOCHES – Northwestern State University has named Pat Jones Chief Financial Officer at the university, pending approval of the Board of Supervisors for the University of Louisiana System.  He will assume the new position in October.

 Jones has served since 2000 as Finance Director of the City of Natchitoches, where he supervised accounting functions for operating, restricted, capital and debt service funds and advised the mayor, city council and department heads on financial status and coordinated financial statements with employees and auditors.  

 He also assisted with contract and cooperative agreement reviews, grant opportunities and project planning, coordinated insurance and payment of debt service and was responsible for cash flow projections and investment of excess cash.  

 From 1999-2000, Jones was Assistant Vice Chancellor for Finances at Bossier Parish Community College.  He was Associate Vice President for Finance at NSU from 1998-99 and Assistant Controller and Bursar from 1978-1998, supervising accounting functions and managing operating and other funds budgets and compiling annual budget reports.

 Jones earned a bachelor’s degree in marketing with a minor in accounting at the University of New Orleans and completed advanced accounting courses at Northwestern State. He holds Certified Government Finance Officer Program certification from the Louisiana Government Finance Officer Association, of which he is an active member.

   He is an active trustee and finance board member at St. Augustine Catholic Church and a former board member of the Government Finance Officer Association and DOVES (Domestic Violence Education and Support), a non-profit group.

 “I have had the pleasure of serving the City of Natchitoches and the Natchitoches City Council for the past 18 years as the city’s Finance Director,” Jones said.  “It has been a great opportunity for which I am truly thankful. I look forward to serving Northwestern State University once again and am excited to join their team of dedicated administrative staff.   I hope to lead the Business Affairs office in providing the financial stability needed for the continued growth and success of the university.”

 Jones succeeds Carl Jones, NSU’s Vice President for Business Affairs and Controller, who has served at the university for 43 years and will transition into retirement in 2019.  Carl Jones will continue to serve as a special advisor to the president on fiscal matters.

 Northwestern President Dr. Chris Maggio said, “Pat Jones’ extensive professional experience in government and higher education financial matters and his familiarity with the university as a long-time previous employee will make him a valuable member of the administrative staff at NSU.  We are excited that he has chosen to return to the university.”  

[parnell-robinsonins]

At Parnell-Robinson Insurance, our staff offers coverage alternatives customized to meet your and your company's needs. To ensure you're financially secure, we may create a unique plan that includes contractor, home, business, and auto insurance.

[parnell-robinsonins]

Why Businesses Need Small Business Insurance in Natchitoches and Shreveport, Los Angeles

Most individuals believe that when starting a company, insurance is not necessary. The main aim in this situation is cost minimization. That said, a company without insurance risks experiences more losses during times of adversity, resulting in a more significant drainage of assets than the cost of the premium. An increasing number of Americans recognize the importance of small business insurance in Natchitoches and Shreveport, Los Angeles, for every small company organization in the United States. ​ What's Small Business Insurance? When discussing "business insurance," the phrase refers to a policy that helps a firm manage the financial, legal, and other risks that might develop during difficult times. In exchange for risk-free conduct during the policy's coverage period, the policyholder pays an annual fee to the insurance provider. Policyholders lose their premiums, but the peace of mind they get is invaluable.

Small business insurance is a crucial part of safeguarding a business. It protects against a variety of risks and liabilities that may develop throughout business activities. Small business insurance offers significant benefits to new businesses by providing a safety net for defending against unforeseen risks, such as property damage and legal claims. Recovering from large financial losses can pose difficulties for a new company. Hence, in today's environment, companies, including accounting and legal departments, increasingly recognize the need for startups to have indemnification. Consider getting a commercial insurance policy or an umbrella policy for a basic level of security.

What Does Small Business Insurance Cover? Depending on the policy, small business insurance can cover various risks, including general liability, property damage, professional liability, and workers' compensation. It can also safeguard against business interruption, cyber liability, and employee theft. Small business insurance protects businesses from financial losses caused by unexpected occurrences or disasters that might lead to the company's extinction. Small businesses must carefully assess their requirements and collaborate with an insurance consultant to choose the right coverage for their industry and operations.

Small business insurance can help mitigate the financial impact and provide peace of mind in the case of a natural disaster, a lawsuit, or a data breach. Small businesses may concentrate on their day-to-day activities without worrying about potential threats to their performance, provided they have enough insurance coverage.

How to Get the Best Small Business Insurance Deal: Getting multiple quotes from different insurance companies is key to getting the best deal on small business insurance. This allows small business owners to compare coverage options, prices, and deductibles to choose the most cost-effective and comprehensive insurance for their needs. Working with an expert insurance broker can be helpful in navigating the complex world of insurance products and ensuring that all relevant risks are adequately covered.

Whether it's small business insurance or auto insurance in Shreveport and Bossier City, Los Angeles, it is also vital to thoroughly examine the terms and conditions of the insurance policy. This includes being aware of any exclusions or restrictions to coverage that may apply to specific risks impacting small businesses. By doing so, small business owners can avoid surprises or gaps in coverage that could result in financial loss in the event of a claim. Furthermore, as the business changes, reevaluating insurance needs and updating coverage regularly is vital to provide ongoing protection and peace of mind. 

[parnell-robinsonins]

Parnell-Robinson Insurance is proud to announce that we have been named a 2020 Top Workplace in Louisiana! We are committed to providing our employees a positive and rewarding work environment.

[parnell-robinsonins]

Our knowledgeable team at Parnell Robinson Insurance can assist you in finding reasonably priced commercial insurance products in Bossier City, LA, Mansfield, Vivian, Shreveport, LA, Natchitoches, Haughton, and the surrounding areas.