Are tenants in Whitacre required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Whitacre to purchase a renter's insurance policy. However, leases prepared by our property managers require that renters pay for 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 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.
Landlord Reference
a handy archive for property owners in Whitacre
- Before you put a renter in your investment in Whitacre
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How we find renters
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Whitacre owner responsibilities
- Maintenance, repairs & inspections for your property in Whitacre
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When owners don't yet know their new address
- Vetting tenants in Whitacre