California Insurance Code CHAPTER 5 - The Premium

• Section 480.
  An insurer is entitled to payment of the premium as soon as the subject matter insured is exposed to the peril insured against.(Enacted by Stats....
• Section 481.
  (a) Unless the insurance contract otherwise provides, a person insured is entitled to a return of his or her premium if the policy is canceled, rejected,...
• Section 481.1.
  (a) In the event any conditional receipt, binder, or other evidence of temporary or implied insurance, except ocean marine insurance as defined in Section 481 and...
• Section 481.5.
  (a) Whenever a policy of personal lines insurance terminates for any reason, or there is a reduction in coverage, the insurer shall tender the gross unearned...
• Section 482.
  Except as provided by section 481, or by the insurance contract, if a peril insured against has existed, and the insurer has been liable for...
• Section 483.
  A person insured is entitled to a return of the premium:(a) When the contract is voidable, on account of the fraud or misrepresentation of the insurer.(b) When...
• Section 484.
  An acknowledgment in a policy of the receipt of premium is conclusive evidence of its payment, so far as to make the policy binding. Notwithstanding...
• Section 485.
  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...
• Section 486.
  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...
• Section 487.
  When an overinsurance is effected by successive policies, those only contribute to a return of the premium who are exonerated by prior insurance from the...
• Section 488.
  No insurer shall, in issuing or renewing a private passenger automobile insurance policy, increase the premium on that policy for the reason that the insured...
• Section 488.5.
  (a) An insurer shall not, in issuing or renewing a private automobile insurance policy to a peace officer, member of the Department of the California Highway...
• Section 489.
  (a) Upon issuance of a policy of insurance described in Section 660, the insurer or its agent shall deliver to the named insured a notice explaining...
• Section 491.
  The rating plan of a motor vehicle liability insurer shall not provide for an increase in the premium if based upon an accident in which...

Last modified: October 22, 2018