{"code":"INS","codeName":"Insurance Code","section":"412","citation":"Ins. Code, § 412","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 1. THE CONTRACT [100. - 679.75.]","url":"https://blackletter.si/insurance-code/division-1/part-1"},{"name":"CHAPTER 4. The Policy [380. - 460.]","url":"https://blackletter.si/insurance-code/division-1/part-1/chapter-4"},{"name":"ARTICLE 2. Types of Policies [410. - 413.]","url":"https://blackletter.si/insurance-code/division-1/part-1/chapter-4/article-2"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>A valued policy is one which expresses on its face an agreement that the thing insured shall be valued at a specified sum.</p>","text":"A valued policy is one which expresses on its face an agreement that the thing insured shall be valued at a specified sum.","otherVersions":[],"url":"https://blackletter.si/insurance-code/types-of-policies-412","source":"California Legislative Information bulk export (pubinfo)"}