Are renters in Timberville required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Timberville to buy renter’s insurance. However, our leases require that renters pay for renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental dwelling. 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.
Landlord Reference
a handy source for property owners in Timberville
- Before you lease out your rental in Timberville
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your management company handles the association and your community
- How your rental manager handles utilities
- How we find renters
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Timberville landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Timberville
- 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 Timberville