Are tenants in Woodville required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Woodville to pay for renter’s insurance. However, our leases require that renters pay for 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 property. 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 archive for rental investors in Woodville
- Before you rent out your rental in Woodville
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How we find tenants
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Woodville rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Woodville
- 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 Woodville