Are renters in West Springfield required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in West Springfield to buy a renter's insurance policy. However, our leases require that tenants purchase a renter's insurance policy which pays for 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 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.
Landlord Reference
a handy reference for landlords in West Springfield
- Before you rent out your investment in West Springfield
- 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 owner get paid?
- How your property manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- West Springfield property owner responsibilities
- Maintenance, repairs & inspections for your rental property in West Springfield
- 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 renters in West Springfield