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.
(Enacted by Stats. 1935, Ch. 145.)
Section 411
Ins. Code § 411, under Types of Policies.
Ins. Code § 411
Ins. Code § 411, under Types of Policies.
Ins. Code § 411
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.
(Enacted by Stats. 1935, Ch. 145.)
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