Are tenants in Southbridge required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Southbridge to obtain a renter's insurance policy. 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, renter negligence, or if someone is injured at the property. A’s insurance policy protects the 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 good archive for landlords in Southbridge
- Before you rent out your property in Southbridge
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Southbridge property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Southbridge
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting tenants in Southbridge