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