BlackletterCalifornia law

Insurance Code § 1995

ARTICLE 5. Loss in Marine Insurance

Current as of September 28, 2026Ins. Code, § 1995Official source ↗

Enacted by Stats. 1935, Ch. 145.

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.