Are tenants in Elkton required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Elkton to buy renter’s insurance. However, leases prepared by our property managers require that tenants pay for 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 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.
How much is your property worth?
Get a fast and free appraisal from a local expert.
Landlord Reference
a useful archive for property owners in Elkton
- Before you lease out your property in Elkton
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your property management company 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
- Elkton landlord responsibilities
- Maintenance, repairs & inspections for your property in Elkton
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When owners don't yet know their new address
- Vetting tenants in Elkton