Are tenants in Whitacre required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Whitacre to buy renter’s insurance. However, leases prepared by our property managers require that renters obtain renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the property. 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 useful reference for rental investors in Whitacre
- Before you rent out your rental in Whitacre
- 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 landlord get paid?
- How your property management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Management handles keys
- Whitacre property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Whitacre
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting renters in Whitacre