DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 1. The Marine Contract 1880-2010›ARTICLE 5. Loss in Marine Insurance 1960-1997

§ 1969

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

When insurance is confined in its terms to an actual total loss, it does not cover a constructive total loss, but it does cover any loss which necessarily results in depriving the insured of the possession, at the port of destination, of the entire subject matter insured.

(Enacted by Stats. 1935, Ch. 145.)

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California Insurance Code

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