# Cal. INS § 2058: Section 2058

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2058

## Section

- **Citation:** Cal. INS § 2058
- **Heading:** Section 2058
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code ins / Division 2 / Part 1 / Chapter 2 / Article 2 / Section 2058

## Text

Notwithstanding any other provision of law, if a loss arising out of fire is rebuilt or replaced, an insured covered by a valued policy shall receive full payment for the loss up to the face amount of the policy. If the loss is not rebuilt or replaced, an insured covered by a valued policy shall receive either the replacement value of the loss or the face amount of the policy, whichever is less. As used in this section, “valued policy” has the meaning set forth in Section 412.

This section applies only to valued policies issued or renewed on and after July 1, 1992.

## Nearby sections

- [Cal. INS § 2050 Section 2050](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2050.md)
- [Cal. INS § 2051 Section 2051](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2051.md)
- [Cal. INS § 2051.5 Section 2051.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2051.5.md)
- [Cal. INS § 2052 Section 2052](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2052.md)
- [Cal. INS § 2053 Section 2053](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2053.md)
- [Cal. INS § 2054 Section 2054](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2054.md)
- [Cal. INS § 2055 Section 2055](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2055.md)
- [Cal. INS § 2056 Section 2056](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2056.md)
- [Cal. INS § 2057 Section 2057](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2057.md)
- [Cal. INS § 2058 Section 2058](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2058.md)
- [Cal. INS § 2060 Section 2060](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2060.md)
- [Cal. INS § 2061 Section 2061](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2061.md)
- [Cal. INS § 2062 Section 2062](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2062.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P1_C2_A2_S2058. Check the current official text before relying on it. Not legal advice.