Insurance Code section 170

Unless the policy otherwise provides, if a mortgagor of property effects insurance in his own name providing that the loss shall be payable to the mortgagee, or assigns a policy of insurance to a mortgagee, the insurance is deemed to be upon the interest of the mortgagor and the mortgagor does not cease to be a party to the original contract.

Source: Section 170, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=170.­ (updated Jan. 1, 1935; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 170's source at ca​.gov