Are tenants in Gainesville required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Gainesville to obtain a renter's insurance policy. However, leases prepared by our property managers require that renters purchase 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 rental dwelling. A’s insurance policy protects the rental 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 source for rental investors in Gainesville
- Before you put a renter in your rental in Gainesville
- 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 rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Gainesville rental investor responsibilities
- Maintenance, repairs & inspections for your property in Gainesville
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When property owners don't yet know their new address
- Vetting tenants in Gainesville