Are renters in Virginia Hills required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Virginia Hills to purchase a renter's insurance policy. However, leases prepared by our property managers require that renters pay for renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the property. A’s insurance policy protects the property from loss, but not the renter’s personal property if it is damaged, destroyed or stolen. Please contact your insurance agent to let them know that you are putting your property into service.
Landlord Reference
a free source for property owners in Virginia Hills
- Before you lease out your rental property in Virginia Hills
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Virginia Hills rental investor responsibilities
- Maintenance, repairs & inspections for your property in Virginia Hills
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting renters in Virginia Hills