Straight From The Source Blog by Higginbotham Insurance

How to write a values statement

May 04 , 2021

Mission statement blog

What is a Values Statement?

Values statements, or value statements, are the core, guiding principles of an organization; they define what a company believes in and how people in the organization are expected to behave—with each other, customers, vendors and other stakeholders.

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Tags: Business Insurance

Business continuity and risk management

April 22 , 2021

Business continuity

It’s easy to plan for good times. When everything goes as it should, you can focus on growing your business and meeting your corporate objectives. But what happens when things don’t go as planned? Maintaining business continuity through disruptions takes careful planning.

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Tags: Risk Management, Business Insurance

Is prepaid insurance an asset?

April 09 , 2021

Prepaid insurance

In a word: Yes, prepaid insurance is an asset. Anything that is owned by a company and has a future value that can be measured in money is considered an asset. This includes cash, accounts receivable, inventory, real estate, buildings, equipment, supplies, vehicles – and prepaid expenses, such as insurance premiums and prepaid rent.

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Tags: Business Insurance

What general liability insurance covers (and doesn’t cover)

March 23 , 2021

gl blog

No matter what products or services you sell, the simple act of opening for business each day exposes you to a multitude of liability risks. A customer could slip and fall in your store. One of your employees could accidentally cause damage at a customer’s home or business. Another business could sue you for defamation for speaking negatively about it in your ads.

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Tags: Business Insurance

A 20-step checklist for succession planning

March 17 , 2021

succession v2

There are many unknowns in business, but one event is guaranteed and universal: every business will have a succession, whether the incumbent retires, resigns or is removed by fortune or fate.

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Tags: Business Insurance

What is premium financing for insurance?

January 21 , 2021

Blog graphic template - premium financing 3

Insurance coverage is a smart purchase. Sometimes it’s even a necessary expense. When cash flow is low, however, paying for premiums up front can present a problem. For some businesses, premium financing might be the solution.  

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Tags: Business Insurance

The fastest private jets for sale in 2020

December 15 , 2020


In our fast-paced globalized world, the age-old adage of "time is money" has never rung truer. While recent advances in telecommunication have enabled remote collaboration beyond what we ever imagined possible, digital meetings often aren’t nearly as effective as communicating in person.

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Tags: Business Insurance

Why your business needs personal and advertising injury coverage

December 01 , 2020

Libel and slander

Even under the best circumstances, there’s no way to predict whether an accident or oversight involving your business will injure others or damage their property. That’s why you carry commercial general liability (CGL) coverage to protect assets and cash in the unfortunate instance that a court finds your business liable for damages to another party.

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Tags: Business Insurance

Strategic planning: how it can help organize your business

November 19 , 2020

business plan

Strategic planning is an organizational process designed to define a company's overarching mission and vision, clearly identify measurable, actionable goals and implement control mechanisms to maximize the likelihood of achieving them. 

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Tags: Business Insurance

Aggregate limits explained

November 12 , 2020

aggregate limits blog

Business insurance is one of the most integral parts of any modern organization. From natural disasters to job site injuries, theft and more, this crucial protection can spell the difference between success and failure. Most small business owners need business insurance because their personal assets are more closely aligned with their business assets.

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Tags: Business Insurance


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