US lawCaliforniaStatutesCode insDivision 1Part 1Chapter 4Article 2411Cal. INS § 411Cal. INS § 411Last amended: 1935Year: 2025Length: 27 wordsOfficial source 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.PreviousCal. INS § 410NextCal. INS § 412