Are renters in Gainesville required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Gainesville to obtain renter’s insurance. However, leases prepared by our property managers require that renters pay for renter’s insurance to cover 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 rental 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 useful archive for landlords in Gainesville
- Before you put a renter in your rental property in Gainesville
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your rental manager 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
- Gainesville rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Gainesville
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting renters in Gainesville