Insurance Code › DIVISION 2. CLASSES OF INSURANCE › PART 1. FIRE AND MARINE INSURANCE › CHAPTER 1. The Marine Contract › ARTICLE 5. Loss in Marine InsuranceInsurance Code § 1961‹ § 1960§ 1962 ›Copy linkOpen in browserleginfo ↗1961.A total loss is either actual or constructive.(Enacted by Stats. 1935, Ch. 145.)