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