Are renters in Broadway required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Broadway to obtain a renter's insurance policy. However, leases prepared by our property managers require that renters purchase a renter's insurance policy 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.
Do you need advice about rental property management?
Talk to one of our experts about rental property in Virginia.
Landlord Reference
a handy source for landlords in Broadway
- Before you rent out your investment in Broadway
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How we find tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- Broadway property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Broadway
- 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 renters in Broadway