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