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