DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 1. THE CONTRACT 100-679.74›CHAPTER 5. The Premium 480-491

§ 486

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Enacted by Stats. 1935, Ch. 145.)

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California Insurance Code

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