Statute · California Insurance Code

Cal. Ins. Code § 170 — Parties to Contract: Mortgagor and Mortgagee

Cal. Ins. Code § 170

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Unless the policy otherwise provides, if a mortgagor of property effects insurance in his own name providing that the loss shall be payable to the mortgagee, or assigns a policy of insurance to a mortgagee, the insurance is deemed to be upon the interest of the mortgagor and the mortgagor does…

Citator

Cal. Ins. Code § 170 — Parties to Contract: Mortgagor and Mortgagee is in force in the current edition of the Code, and nothing recorded condemns it.

Unless the policy otherwise provides, if a mortgagor of property effects insurance in his own name providing that the loss shall be payable to the mortgagee, or assigns a policy of insurance to a mortgagee, the insurance is deemed to be upon the interest of the mortgagor and the mortgagor does not cease to be a party to the original contract.