Cal. Ins. Code § 284

Current through the 2023 Legislative Session.

Section 284 - Measure of insurable interest in property

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.

Ca. Ins. Code § 284

Enacted by Stats. 1935, Ch. 145.