Cal. Ins. Code § 1995

Current through the 2023 Legislative Session.

Section 1995 - Liability when insured required to make contribution toward general average loss

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.

Ca. Ins. Code § 1995

Enacted by Stats. 1935, Ch. 145.