US lawCaliforniaStatutesCode insDivision 1Part 1Chapter 4Article 2412Cal. INS § 412Cal. INS § 412Last amended: 1935Year: 2025Length: 23 wordsOfficial source A valued policy is one which expresses on its face an agreement that the thing insured shall be valued at a specified sum.PreviousCal. INS § 411NextCal. INS § 413