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
§ 284
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
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.
(Enacted by Stats. 1935, Ch. 145.)
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