Are renters in Skyline required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Skyline to obtain renter’s insurance. However, leases prepared by our property managers require that renters purchase a renter's insurance policy 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 rental dwelling 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 free source for rental investors in Skyline
- Before you lease out your rental property in Skyline
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for property owners using our property management
- How Nesbitt Management handles keys
- Skyline owner responsibilities
- Maintenance, repairs & inspections for your property in Skyline
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting tenants in Skyline