Georgia Statutes
§ 33-24-4 — Insurable interest; property insurance
Georgia § 33-24-4
JurisdictionGeorgia
Title33
This text of Georgia § 33-24-4 (Insurable interest; property insurance) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 33-24-4 (2026).
Text
(a)As used in this Code section, the term "insurable interest" means any actual, lawful, and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage or impairment.
(b)No insurance contract on property or of any interest therein or arising therefrom shall be enforceable except for the benefit of persons having, at the time of the loss, an insurable interest in the things insured.
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Related
Colony Insurance v. 9400 Abercorn, LLC
866 F. Supp. 2d 1376 (S.D. Georgia, 2012)
Colonial Properties Realty Ltd. Partnership v. Lowder Construction Co.
567 S.E.2d 389 (Court of Appeals of Georgia, 2002)
Splish Splash Waterslides, Inc. v. Cherokee Insurance
307 S.E.2d 107 (Court of Appeals of Georgia, 1983)
James v. Pennsylvania General Insurance
306 S.E.2d 422 (Court of Appeals of Georgia, 1983)
Jet Air, Inc. v. National Union Fire Insurance
375 S.E.2d 873 (Court of Appeals of Georgia, 1988)
Lee v. American Central Insurance
530 S.E.2d 727 (Court of Appeals of Georgia, 1999)
Those Certain Underwriters at Lloyds, London v. DTI Logistics, Inc.
686 S.E.2d 333 (Court of Appeals of Georgia, 2009)
Brown v. Ohio Casualty Insurance
519 S.E.2d 726 (Court of Appeals of Georgia, 1999)
Roach v. Georgia Farm Bureau Mutual Insurance
325 S.E.2d 797 (Court of Appeals of Georgia, 1984)
Georgia Farm Bureau Mutual Insurance v. Brewer
413 S.E.2d 770 (Court of Appeals of Georgia, 1991)
Georgia Farm Bureau Mutual Insurance v. Franks
739 S.E.2d 427 (Court of Appeals of Georgia, 2013)
Conex Freight Systems, Inc. v. Georgia Insurance Insolvency Pool
561 S.E.2d 221 (Court of Appeals of Georgia, 2002)
INTEGON GENERAL INS. CORP. v. Gibson
485 S.E.2d 576 (Court of Appeals of Georgia, 1997)
Georgia Farm Bureau Mutual Insurance v. Brown
385 S.E.2d 87 (Court of Appeals of Georgia, 1989)
Auto-Owners Insurance v. Smith
343 S.E.2d 129 (Court of Appeals of Georgia, 1986)
Muhammad v. Allstate Insurance Co.
722 S.E.2d 136 (Court of Appeals of Georgia, 2012)
Brown Investment Group, LLC v. Mayor of Savannah
695 S.E.2d 331 (Court of Appeals of Georgia, 2010)
Republic Insurance v. Martin
355 S.E.2d 694 (Court of Appeals of Georgia, 1987)
CHEROKEE INSURANCE CO. v. Gravitt
369 S.E.2d 779 (Court of Appeals of Georgia, 1988)
Sapp v. Georgia Farm Bureau Mutual Insurance
424 S.E.2d 871 (Court of Appeals of Georgia, 1992)
Legislative History
Amended by 2020 Ga. Laws 521,§ 33, eff. 7/29/2020. Amended by 2019 Ga. Laws 140,§ 24, eff. 7/1/2019.
Nearby Sections
15
§ 33-1-1
Short title§ 33-1-16-1
Excessive, fraudulent, or high-tech drug testing of certain individuals as fraudulent insurance act§ 33-1-17
Special Insurance Fraud Fund§ 33-1-2
Definitions§ 33-1-20
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Bluebook (online)
Georgia § 33-24-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/33-24-4.