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