Are tenants in Elkton required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Elkton to pay for a renter's insurance policy. However, our leases require that tenants buy 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 rental 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 free reference for property owners in Elkton
- Before you lease out your property in Elkton
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your property management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Management handles keys
- Elkton owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Elkton
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When landlords don't yet know their new address
- Vetting tenants in Elkton