Statute · California Insurance Code
Cal. Ins. Code § 1995 — Loss in Marine Insurance
Cal. Ins. Code § 1995
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In marine insurance, when an insured is required to make a contribution in respect to the subject matter of insurance toward a general average loss, if the average was called for on a loss by a peril insured against, the insurer is liable for the insured’s loss through the contribution.
Citator
Cal. Ins. Code § 1995 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
In marine insurance, when an insured is required to make a contribution in respect to the subject matter of insurance toward a general average loss, if the average was called for on a loss by a peril insured against, the insurer is liable for the insured’s loss through the contribution.