Are renters in West Springfield required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in West Springfield to pay for renter’s insurance. However, our leases require that tenants purchase renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, tenant 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 handy reference for rental investors in West Springfield
- Before you move a tenant into your investment in West Springfield
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How we find tenants
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- West Springfield landlord responsibilities
- Maintenance, repairs & inspections for your property in West 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 renters in West Springfield