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Updated over 4 years ago,

User Stats

33
Posts
7
Votes
Powell DiGangi
7
Votes |
33
Posts

Insurance Language Question

Powell DiGangi
Posted

Dear BP

So One of the units in my triplex is un-permitted or illegal.  I am calling my insurance broker to make sure I have the best and comprehensive protective language in terms of tenants issues.  HoweverI am not sure if I should disclose that one of the units is unpermitted to them.  is there any risk in that?  If they know its not permitted, would they not insure? raise premium?