Are renters in Bridgewater required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Bridgewater to obtain a renter's insurance policy. However, leases prepared by our property managers require that tenants purchase 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 dwelling. 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 reference for landlords in Bridgewater
- Before you rent out your property in Bridgewater
- 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 property management company handles utilities
- How we find tenants
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- Bridgewater property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Bridgewater
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting tenants in Bridgewater