Are tenants in Chelsea required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Chelsea to buy a renter's insurance policy. However, our leases require that renters buy renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the property. A’s insurance policy protects the rental dwelling 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 useful source for landlords in Chelsea
- Before you rent out your property in Chelsea
- Collections and evictions
- Communications with the tenant
- 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 rental manager handles utilities
- How Nesbitt finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Chelsea property owner responsibilities
- Maintenance, repairs & inspections for your property in Chelsea
- 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 tenants in Chelsea