Accounting for fees

[Dawn Anastasi]

Here is probably a basic accounting question. When you have an insurance premium, say $600, and the insurance company spreads it out over 12 month but tacks on a "convenience fee" of $2 per month for a total payment of $52 per month, should the $50 be treated as an insurance expense and the other $2 as fees, or should the entire $52 be treated as insurance expense?