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