BlackletterCalifornia law

Insurance Code § 284

ARTICLE 4. Insurable Interest: Generally

Current as of September 28, 2026Ins. Code, § 284Official source ↗

Enacted by Stats. 1935, Ch. 145.

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.