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