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