Is 'Other Income' the correct catagory to use for logging insurance re-imbursement

Hello! Regarding business insurance premium payments which you pay up front,  if there was a deductible applied for our company (due to an incident) which later was re-imbursed back to our company from the insurance company, can this be considered 'other income' or should it be logged as a credit entry from  Statefarm?  (StateFarm is the insurance company we use)

Thank you, 

Janette Maurer