Statute · California Insurance Code

Cal. Ins. Code § 284 — Insurable Interest: Generally

Cal. Ins. Code § 284

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

Except in the case of a property held by the insured as a carrier or depositary, the measure of an insurable interest in property is the extent to which the insured might be damnified by loss or injury thereof.

Citator

Cal. Ins. Code § 284 — Insurable Interest: Generally is in force in the current edition of the Code, and nothing recorded condemns it.

Except in the case of a property held by the insured as a carrier or depositary, the measure of an insurable interest in property is the extent to which the insured might be damnified by loss or injury thereof.