As your firm grows and can afford it, select higher insurance deductibles to drive down insurance premiums (GL, auto, excess, flood). Call your insurance broker and ask to see what the premiums are going to be for various deductible levels to compare savings. In some cases, it will not be worth it; in others, the savings will be very apparent. If you want to see the impact of your decision, put the saved premium in the bank until or if needed.