Statute · California Insurance Code
Cal. Ins. Code § 486 — The Premium
Cal. Ins. Code § 486
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When an overinsurance is effected by simultaneous policies, the insurers contribute to the premium to be returned in proportion to the amount insured by their respective policies.
Citator
Cal. Ins. Code § 486 — The Premium is in force in the current edition of the Code, and nothing recorded condemns it.
When an overinsurance is effected by simultaneous policies, the insurers contribute to the premium to be returned in proportion to the amount insured by their respective policies.