Are tenants in Doniphan_property required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Doniphan_property to purchase renter’s insurance. However, leases prepared by our property managers require that renters buy 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 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 handy source for rental investors in Doniphan_property
- Before you rent out your rental in Doniphan_property
- 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 owner get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Doniphan_property property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Doniphan_property
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting tenants in Doniphan_property