General liability rates are assessed monthly on every $100 of payroll cost. These charges appear on the general ledger under account code 637930, General Liability Program. Rates effective July 1, 2007:
- General funds: 34 cents
- All other funds: 34 cents
Background: The University is self-insured for general liability claims. In July 1997, the Office of the President transferred responsibility for the general liability program to the campuses. Each campus now funds its portion of the program, based on past claims.
Rates change anually, depending on previous claims, actuarial analysis, and industry trends. The most effective way to minimize rates is to reduce accidents and losses.
Attend Risk Management training courses to learn about managing costs related to work-related injuries, employment and general liability, auto accidents, thefts, flood, and fire damage.
If you are a UCSD employee and have questions, contact Risk Management, (858) 534-3820.
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