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