Are renters in Chester Gap required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Chester Gap to buy a renter's insurance policy. However, leases prepared by our property managers require that renters obtain 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 property. A’s insurance policy protects the 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 rental investors in Chester Gap
- Before you rent out your rental in Chester Gap
- 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 rental investor get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Chester Gap owner responsibilities
- Maintenance, repairs & inspections for your rental property in Chester Gap
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When landlords don't yet know their new address
- Vetting tenants in Chester Gap