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