Are renters in Oak Hill required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Oak Hill to buy renter’s insurance. However, leases prepared by our property managers require that tenants obtain 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 rental property. 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.
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Landlord Reference
a useful archive for property owners in Oak Hill
- Before you move a tenant into your property in Oak Hill
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy 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 property management company handles utilities
- How we find tenants
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Oak Hill owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Oak Hill
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting tenants in Oak Hill