§ 485
42 words·~1 min read·
/ca/insurance-code/485A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.