California Legal Codes and Statutes

§ 1988

Enacted by Stats. 1935, Ch. 145.

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.

Cite this section

Cal. Ins. Code § 1988 (2026)
https://ca.codecond.com/codes/ins/division-2-classes-of-insurance/part-1-fire-and-marine-insurance/chapter-1-the-marine-contract/article-5-loss-in-marine-insurance/section-1988

Other sections in Article 5 - Loss in Marine Insurance

§ 1960§ 1961§ 1962§ 1963§ 1964§ 1965§ 1966§ 1967§ 1968§ 1969…§ 1988§ 1989§ 1990§ 1991§ 1992§ 1993§ 1994§ 1995§ 1996§ 1997

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