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INSURANCEAPPROVED

City of Thibodaux Resolution Authorizing Mayor to Sign Fire and Property Insurance Contract

Thibodaux Renews 2026-2027 Fire and Property Insurance

$323,738.00 annual premiumThibodaux cityJONES INSURANCE SERVICESJanuary 1, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Thibodaux City Council authorized the Mayor to execute a 2026-2027 fire and property insurance contract with Jones Insurance Services at an annual premium of $323,738.00. The policy provides a $20,000,000 coverage limit based on an updated statement of values of $59,226,574.

Contract Details

Contract Amount

$323,738.00 annual premium

Vendor

JONES INSURANCE SERVICES

Agency

Thibodaux city, LA

Contract Type

INSURANCE

Document Date

January 1, 2026

Contract Term

2026-2027; coverage beginning June 1, 2026

Renewal Date

2027-06-01

Renewal Info

Renewal of the City’s fire and property insurance coverage for the 2026-2027 policy year; prior coverage expires June 1, 2026. Future renewals will require new council authorization upon expiry.

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