DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 1. THE CONTRACT 100-679.74›CHAPTER 4. The Policy 380-460›ARTICLE 2. Types of Policies 410-413
§ 411
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
An open policy is one in which the value of the subject matter is not agreed upon, but is left to be ascertained in case of loss.
(Enacted by Stats. 1935, Ch. 145.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code