Statute · California Insurance Code

Cal. Ins. Code § 283 — Insurable Interest: Generally

Cal. Ins. Code § 283

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

A mere contingent or expectant interest in anything, not founded on an actual right to the thing, nor upon any valid contract for it, is not insurable.

Citator

Cal. Ins. Code § 283 — Insurable Interest: Generally is in force in the current edition of the Code, and nothing recorded condemns it.

A mere contingent or expectant interest in anything, not founded on an actual right to the thing, nor upon any valid contract for it, is not insurable.