{"code":"INS","codeName":"Insurance Code","section":"485","citation":"Ins. Code, § 485","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 1. THE CONTRACT [100. - 679.75.]","url":"https://blackletter.si/insurance-code/division-1/part-1"},{"name":"CHAPTER 5. The Premium [480. - 491.]","url":"https://blackletter.si/insurance-code/division-1/part-1/chapter-5"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>In case of an overinsurance by several insurers, the insured is entitled to a ratable return of the premium, proportioned to the amount by which the aggregate sum insured in all the policies exceeds the insurable value of the subject at risk.</p>","text":"In case of an overinsurance by several insurers, the insured is entitled to a ratable return of the premium, proportioned to the amount by which the aggregate sum insured in all the policies exceeds the insurable value of the subject at risk.","otherVersions":[],"url":"https://blackletter.si/insurance-code/the-premium-485","source":"California Legislative Information bulk export (pubinfo)"}