Is insurance an operating expense or general expense?

[Edit]

Answer

it depends on the type of insurance.. workers compensation insurance, health, dental, or vision are all payroll expense.. building insurance is an operating expense..

Improve Answer Discuss the question "Is insurance an operating expense or general expense?" Watch Question

First answer by ID1174195894. Last edit by ID1174195894. Question popularity: 15 [recommend question]

Also see on Answers.com

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Commercial Insurance > Is insurance an operating expense or general expense?

Our contributors said this page should be displayed for the questions below. (Where do these come from)
If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.
What is accrued expense?  Discount allowed expense?  What is Operating expense ratio?  Is general insurance a general expense?  Why is interest expense said to cost the firm substantially less than the actual expense?