Are tenants in North Springfield required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in North Springfield to obtain renter’s insurance. However, leases prepared by our property managers require that renters obtain a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental 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.
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Landlord Reference
a free archive for property owners in North Springfield
- Before you move a tenant into your rental property in North Springfield
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your property management company handles the association and your community
- How your property manager handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- North Springfield owner responsibilities
- Maintenance, repairs & inspections for your rental investment in North Springfield
- 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 tenants in North Springfield