Statute · California Insurance Code

Cal. Ins. Code § 1880 — Insurable Interests Peculiar to Marine Insurance

Cal. Ins. Code § 1880

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

The owner of a ship has in all cases an insurable interest in it, even when it has been chartered by one who agrees to pay him its value in case of loss.

Citator

Cal. Ins. Code § 1880 — Insurable Interests Peculiar to Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

The owner of a ship has in all cases an insurable interest in it, even when it has been chartered by one who agrees to pay him its value in case of loss.