Wisconsin Statutes

Wis. Stat. § 631.02 (2026)

Definition

✓ current as of July 2026

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631.02631.02 Definition. “Interest of the insured,” when used in an insurance policy, includes the interest of the named insured and of any other person with whom the named insured holds the insured property in joint tenancy or as marital property.

631.02 HistoryHistory: 1979 c. 102; 1983 a. 186; 2015 a. 196.

Notes of Decisions

Cited in 2 cases, 2005–2006 · leading case: Kontowicz v. Am. Stand. Ins. Co. of Wisconsin, 2006 WI 48 (Wis. 2006).

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Kontowicz v. Am. Stand. Ins. Co. of Wisconsin, 2006 WI 48 (Wis. 2006). · cites it 8× “The new statute ( Wis. Stat. § 631.02 (1975)) determined that an insurance claim would be overdue if not paid within 30 days after the insurer was furnished with written notice of the fact and amount of a covered loss.”

Kontowicz v. Am. Stand. Ins., 2005 WI App 22 (Wis. Ct. App. 2005). · cites it 3× “American Standard and Metropolitan direct us to the genesis of the statute, which first emerged during the 1975 legislative session as "Timely payment of claims" under Wis. Stat. § 631.02 . 4 Later that session, the legislature created Wis.”

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