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