BlackletterCalifornia law

Insurance Code § 2053

ARTICLE 2. Measure of Indemnity

Current as of September 28, 2026Ins. Code, § 2053Official source ↗

Enacted by Stats. 1935, Ch. 145.

A clause shall be inserted in such a valued policy, stating substantially that the value of the insured’s interest in the insured building or structure has been thus fixed.