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California Insurance Code

§ 411

INS § 411Div. 1 · Part 1 · Ch. 4 · Art. 2

Statute text

View on leginfo.ca.gov
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.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 411 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.