Insurance Code section 1194.88

Every admitted incorporated insurer may, for the protection or enhancement of the value of real property acquired under the provisions of Section 1194.86, use its funds in the manner as it shall deem proper to repair, alter, remodel, rehabilitate, demolish, purchase furnishings or other personal property for use in or otherwise to improve the real estate.

Source: Section 1194.88, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=1194.­88.­ (updated Jan. 1, 1991; accessed Nov. 24, 2025).

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Verified:
Nov. 24, 2025

§ 1194.88's source at ca​.gov