Are tenants in Luray required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Luray to purchase a renter's insurance policy. However, our leases require that renters purchase renter’s insurance to cover 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 property 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 handy reference for landlords in Luray
- Before you move a tenant into your investment in Luray
- 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 rental investor get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How we find tenants
- Insurance matters for rental investors using our property 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 owners don't yet know their new address
- Vetting renters in Luray