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