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DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 1. THE CONTRACT 100-679.74›CHAPTER 2. Parties, Events, and Interests 150-305›ARTICLE 4. Insurable Interest: Generally 280-287

§ 282

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

An insurable interest in property may consist in:

  1. An existing interest;

  2. An inchoate interest founded on an existing interest; or,

  3. An expectancy, coupled with an existing interest in that out of which the expectancy arises.

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

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California Insurance Code

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