Insurance Code § 1880

ARTICLE 1. Insurable Interests Peculiar to Marine Insurance

Current as of September 28, 2026Ins. Code, § 1880Official source ↗

Enacted by Stats. 1935, Ch. 145.

The owner of a ship has in all cases an insurable interest in it, even when it has been chartered by one who agrees to pay him its value in case of loss.