Are renters in Boston required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Boston to purchase a renter's insurance policy. However, leases prepared by our property managers require that renters buy a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental dwelling. 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 handy source for property owners in Boston
- Before you move a tenant into your rental in Boston
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your property management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- Boston owner 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 investment
- When owners don't yet know their new address
- Vetting tenants in Boston