Are tenants in Chester Gap required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Chester Gap to pay for renter’s insurance. However, leases prepared by our property managers require that tenants obtain a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental dwelling. A’s insurance policy protects the rental dwelling 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 source for property owners in Chester Gap
- Before you put a renter in your property in Chester Gap
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- Chester Gap rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Chester Gap
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When landlords don't yet know their new address
- Vetting tenants in Chester Gap