Are renters in Bridgewater required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Bridgewater to pay for renter’s insurance. However, leases prepared by our property managers require that tenants obtain renter’s insurance 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 property 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 good reference for rental investors in Bridgewater
- Before you put a renter in your investment in Bridgewater
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your rental manager handles the association and your community
- How your property management company handles utilities
- How we find renters
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Bridgewater landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Bridgewater
- 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 Bridgewater