ARTICLE 3. Events Subject to Insurance [250. - 253.]

Cal. Insurance Code - INS 3.

in effect

Cal. Insurance Code - INS § 250. Section 250.

Except as provided in this article, any contingent or unknown event, whether past or future, which may damnify a person having an insurable interest, or create a liability against him, may be insured against, subject to the provisions of this code.

Cal. Insurance Code - INS § 251. Section 251.

A lottery or its outcome shall not be insured against.

Cal. Insurance Code - INS § 252. Section 252.

A policy executed by way of gaming or wagering, is void.

Cal. Insurance Code - INS § 253. Section 253.

On and after January 1, 1986, no insurer shall issue or amend contracts of insurance in this state to provide coverage for the payment of any damages awarded to a person because of Section 1029.8 of the Code of Civil Procedure.

Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026