California § 381.2. 381.2. (Amended by Stats. 1974, Ch. 653.)

California Statutes

§ 381.2. — 381.2. (Amended by Stats. 1974, Ch. 653.)

California § 381.2.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE

Part 1.PART 1. THE CONTRACT

Ch. 4.CHAPTER 4. The Policy

Art. 1.ARTICLE 1. Definition and Scope

This text of California § 381.2. (381.2. (Amended by Stats. 1974, Ch. 653.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Insurance Code - INS Code § 381.2. (2026).

Text

When a policy includes coverage for loss or damage to a specific item of personal property of the insured, which item is separately listed and described and on which item a separate amount of insurance is placed, the insurer shall compute any total loss of such item of personal property as being the amount of insurance placed on it. In the adjustment of a partial loss or damage to such item of covered property, the separately listed amount of insurance applying to the specific item shall be used as the value of the item prior to its partial loss or damage. If a different method is to be used in the computation of loss, the policy, and any application therefor, shall set forth, in type of prominent size, the actual method of such loss computation used by the insurer.
The provisions of this 

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When a policy includes coverage for loss or damage to a specific item of personal property of the insured, which item is separately listed and described and on which item a separate amount of insurance is placed, the insurer shall compute any total loss of such item of personal property as being the amount of insurance placed on it. In the adjustment of a partial loss or damage to such item of covered property, the separately listed amount of insurance applying to the specific item shall be used as the value of the item prior to its partial loss or damage. If a different method is to be used in the computation of loss, the policy, and any application therefor, shall set forth, in type of prominent size, the actual method of such loss computation used by the insurer.
The provisions of this subdivision shall not apply to any property used for a business purpose or to any motor vehicle.
If there are two or more policies insuring the same property against the loss, the loss shall be prorated among the policies.