Statute · California Insurance Code
Cal. Ins. Code § 1883 — Insurable Interests Peculiar to Marine Insurance
Cal. Ins. Code § 1883
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The owner of a ship has an insurable interest in expected freightage which he would have certainly earned but for the intervention of a peril insured against.
Citator
Cal. Ins. Code § 1883 — 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 an insurable interest in expected freightage which he would have certainly earned but for the intervention of a peril insured against.