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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

§ 1988

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

In a case of partial loss, a marine insurer is liable only for such proportion of the amount insured by him as the loss bears to the value of the whole interest of the insured in the subject matter.

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

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California Insurance Code

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