California Legal Codes and Statutes

§ 1991

Enacted by Stats. 1935, Ch. 145.

When profits are valued and insured by marine insurance, a loss of them is conclusively presumed from a loss of the property out of which they were expected to arise, and the valuation fixes their amount.

Cite this section

Cal. Ins. Code § 1991 (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-1991

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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