Issue Date:
Revised Date: 2007-11-20

Object Type

Cash — Other Expenditures



To record the payments of authorized insurance premiums not requiring approval from the Attorney General's Office and/or the State Board of Insurance. This code requires legal descriptive text and pre-payment audit approval by the State Office of Risk Management. This code may be used without pre-payment audit approval by higher education health facilities to pay employee malpractice insurance premiums.

Expenditure code 7204 includes, but is NOT limited to:

  • Automobile (insurance premiums)
  • Insurance Deductibles
  • Insurance Premiums (malpractice)


Generally, state law limits the types of insurance state agencies may purchase and under what conditions.

This code does NOT include:

  • Insurance requiring approval by the Attorney General and Department of Insurance (7216)
  • Judiciary insurance (7622)
  • Car rental insurance for travel (7101)
  • Collision damage waiver for employee move (7071)
  • Payment made by certain state agencies exempt from State Office of Risk Management approval by state statute (7244)

USAS Values

Appropriation Year 20
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 04 – OTHER EXPENDITURES