Are renters in Bridgewater required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Bridgewater to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters buy a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental dwelling. 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.
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Landlord Reference
a handy source for property owners in Bridgewater
- Before you rent out your rental property in Bridgewater
- 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 management company handles utilities
- How we find renters
- Insurance matters for property owners using our property management
- How Nesbitt Management handles keys
- Bridgewater owner responsibilities
- Maintenance, repairs & inspections for your rental property in Bridgewater
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting tenants in Bridgewater