California CodesINS CodeDivision 2 - CLASSES OF INSURANCEPart 1 - FIRE AND MARINE INSURANCEChapter 2 - The Fire Insurance ContractArticle 2 - Measure of Indemnity§ 2050§ 2050Enacted by Stats. 1935, Ch. 145.The effect of a valuation in a fire policy is the same as in a marine policy.Cite this sectionCal. Ins. Code § 2050 (2026)Copyhttps://ca.codecond.com/codes/ins/division-2-classes-of-insurance/part-1-fire-and-marine-insurance/chapter-2-the-fire-insurance-contract/article-2-measure-of-indemnity/section-2050CopyOther sections in Article 2 - Measure of Indemnity§ 2050§ 2051§ 2051.5§ 2052§ 2053§ 2054§ 2055§ 2056§ 2057§ 2058§ 2060§ 2061§ 2062§ 2051 →