Statute · California Insurance Code
Cal. Ins. Code § 1988 — Loss in Marine Insurance
Cal. Ins. Code § 1988
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In a case of partial loss, a marine insurer is liable only for such proportion of the amount insured by him as the loss bears to the value of the whole interest of the insured in the subject matter.
Citator
Cal. Ins. Code § 1988 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
In a case of partial loss, a marine insurer is liable only for such proportion of the amount insured by him as the loss bears to the value of the whole interest of the insured in the subject matter.