California § 1872.87 - Each insurer required to pay special purpose assessments pursuant to Sections 187
Full text of California Public Contract Code - PCC § 1872.87 — Each insurer required to pay special purpose assessments pursuant to Sections 187, with citation guidance and answers to common questions.
§ 1872.87. Each insurer required to pay special purpose assessments pursuant to Sections 187
(a) Each insurer required to pay special purpose assessments pursuant to Sections 1872.8, 1872.81, 1872.85, 1874.8, or subdivision (a) of Section 1872.86 may, over a reasonable length of time, but in no event later than the calendar year in which the assessment is paid, recoup the special purpose assessments by way of a surcharge on premiums charged for the insurance policies to which those sections apply or by including the assessments within the insurerâs rates. Amounts recouped shall not be considered premiums for any purpose, including the computation of gross premium tax or agentsâ commission. (b) The amount of the surcharge shall be separately stated on either a billing or policy declaration sent to an insured.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1872.87
What does Public Contract Code - PCC § 1872.87 cover?
Section 1872.87 ("Each insurer required to pay special purpose assessments pursuant to Sections 187") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1872.87?
A common citation format is "Public Contract Code - PCC § 1872.87" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1872.87 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.