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General Real Estate Investing
HomeForumsGeneral Real Estate InvestingIllegal Basement - Will my insurance company cover any damages?
Manshi M.'s profile image
Manshi M.'s profile image
Manshi M.
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since May 28, 2013
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Manshi M.'s profile image
Manshi M.'s profile image
Manshi M.
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since May 28, 2013
Connect
Manshi M.
  • Real Estate Investor
  • Jersey City, NJ
1
Votes |
30
Posts
General Real Estate Investing

Illegal Basement - Will my insurance company cover any damages?

Manshi M.
  • Real Estate Investor
  • Jersey City, NJ
Posted Apr 24 2015, 09:29

Hello,

I have a 2 family property in New Jersey. I am renting out the basement illegally. Question - Will my insurance company cover me for any damages that happened to the property and is not related to the tenant in the basement? Can they still claim that they don't have to pay anything because I have an illegal tenant in the basement (even if he is not the cause)?

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