California Insurance Code

§ 1988

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 1988Div. 2 · Part 1 · Ch. 1 · Art. 5

Statute text

View on leginfo.ca.gov

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.

Legislative history

Enacted by Stats. 1935, Ch. 145.