Section 282.
Cal. Insurance Code - INS § 282.
in effectAn insurable interest in property may consist in:
1.
An existing interest;
2.
An inchoate interest founded on an existing interest; or,
3.
An expectancy, coupled with an existing interest in that out of which the expectancy arises.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026