Are renters in Toms Brook required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Toms Brook to buy a renter's insurance policy. However, our leases require that tenants buy a renter's insurance policy 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 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 useful archive for rental investors in Toms Brook
- Before you put a renter in your rental property in Toms Brook
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your property management company handles the association and your community
- How your property manager handles utilities
- How we find renters
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Toms Brook landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Toms Brook
- 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 tenants in Toms Brook