Are tenants in Luray required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Luray to obtain renter’s insurance. However, leases prepared by our property managers require that tenants 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 property 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 useful reference for property owners in Luray
- Before you move a tenant into your investment in Luray
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a renter 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 renters
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- Luray rental investor responsibilities
- Maintenance, repairs & inspections for your property in Luray
- 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 Luray