§ StatuteRates

California prejudgment interest rate

United States  California prejudgment interest — 7% for tort/non-contract, 10% for contract (both simple).

Current rate
7% / 10% per year — statutory prejudgment reference (source checked July 9, 2026)
Fixed by statute Fixed by statute

2026 California prejudgment interest at a glance

Current rate
7% / 10% per year
Effective date
July 9, 2026
Controlling authority
Cal. Const. art. XV §1 (7% tort/general); Cal. Civ. Code §3289(b) (10% contract)
Rate basis
Fixed by statute
Source checked
July 9, 2026
Recorded history
1 data point

California prejudgment interest is a dual fixed rate: 7% per year for tort and other non-contract claims, including personal injury (Cal. Const. art. XV §1), and 10% for breach of a contract that stipulates no rate (Cal. Civ. Code §3289(b)) — both simple. Prejudgment interest is NOT automatic on all claims.

When California prejudgment interest applies

Prejudgment interest is NOT automatic on all claims. MANDATORY (as of right) only where damages are "certain, or capable of being made certain by calculation" and the right vested on a particular day — i.e., liquidated/readily ascertainable claims (Civ. Code sec. 3287(a)). UNLIQUIDATED tort claims: interest is BARRED as of right; it is DISCRETIONARY with the jury, and only in actions for breach of a non-contract obligation or cases of oppression, fraud, or malice (Civ. Code sec. 3288).

When it starts accruing

For mandatory liquidated claims (sec. 3287(a)): from the day the right to recover vested / damages became certain (e.g., date of loss or breach). For contract default 10% (sec. 3289(b)): from the date of breach. For discretionary unliquidated contract interest (sec.

Simple or compound

Simple. California prejudgment interest is computed as simple interest; compounding is not authorized absent a contract term providing for it.

How the rate is set

Fixed statutory/constitutional percentages, not a published index. Contract w/o stipulated rate (post-1/1/1986): 10%/yr simple (Civ. Code 3289(b)). Other liquidated claims / discretionary tort: 7%/yr simple (Cal. Const. art. XV sec. 1).

California has a DUAL prejudgment rate, both simple: 7% for tort and other non-contract claims (including personal injury) — the constitutional default legal rate (Cal. Const. art. XV §1; discretionary tort interest under Civ. Code §3288 also runs at this 7%); and 10% for breach of a contract that stipulates no rate (Civ. Code §3289(b)). Entitlement to interest on liquidated/certain damages is Civ. Code §3287. Verified against the statutes 2026-07-11. Not legal advice.

Current recorded observation

One current observation is on record; this page does not claim complete historical coverage. All recorded observations are in the JSON API.
Effective dateRateBasis
July 9, 2026 7% / 10% Statute

Source & provenance

Observation recorded July 9, 2026 (00:00 UTC) from the cited source (California — leginfo.legislature.ca.gov):
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=3289.&lawCode=CIV

Cite this page

StatuteRates. “California Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/california-prejudgment-rate/ Rate recorded under Cal. Const. art. XV §1 (7% tort/general); Cal. Civ. Code §3289(b) (10% contract), effective July 9, 2026.

Reference data only — not legal, tax, or financial advice. Always confirm the controlling value against the controlling official source and, where applicable, the governing statute or court before relying on it.