Are renters in Timberville required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Timberville to buy renter’s insurance. However, our leases require that renters buy a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. 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.
Landlord Reference
a good reference for rental investors in Timberville
- Before you rent out your property in Timberville
- 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 landlord get paid?
- How your property manager handles the association and your community
- How your property management company handles utilities
- How we find renters
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Timberville owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Timberville
- 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 Timberville