Wyoming § 26-15-104 Insurable interest in property; "insurable
interest" defined

Wyoming Statutes

§ 26-15-104 — Insurable interest in property; "insurable interest" defined

Wyoming § 26-15-104

Title 26Insurance Code

Ch. 15THE INSURANCE CONTRACT

This text of Wyoming § 26-15-104 (Insurable interest in property; "insurable interest" defined) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-15-104 (2026).

Text

(a)No contract of insurance of property or of any interest in property or arising from property is enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured at the time of the loss.

(b)The measure of an insurable interest in property is the extent to which the insured might be directly or indirectly damnified by loss or impairment thereof.

(c)"Insurable interest" as used in this section 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.

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(a) No contract of insurance of property or of any
interest in property or arising from property is enforceable as
to the insurance except for the benefit of persons having an
insurable interest in the things insured at the time of the
loss.
(b) The measure of an insurable interest in property is
the extent to which the insured might be directly or indirectly
damnified by loss or impairment thereof.
(c) "Insurable interest" as used in this section 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.