Are renters in Belle View required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Belle View to purchase renter’s insurance. However, leases prepared by our property managers require that tenants buy a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental property. A’s insurance policy protects the property from loss, but not the tenant’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 handy source for property owners in Belle View
- Before you rent out your property in Belle View
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Belle View rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Belle View
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting renters in Belle View