Statute · California Insurance Code

Cal. Ins. Code § 281 — Insurable Interest: Generally

Cal. Ins. Code § 281

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

Every interest in property, or any relation thereto, or liability in respect thereof, of such a nature that a contemplated peril might directly damnify the insured, is an insurable interest.

Citator

Cal. Ins. Code § 281 — Insurable Interest: Generally is in force in the current edition of the Code, and nothing recorded condemns it.

Every interest in property, or any relation thereto, or liability in respect thereof, of such a nature that a contemplated peril might directly damnify the insured, is an insurable interest.