Are tenants in Pinecrest required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Pinecrest to pay for a renter's insurance policy. However, leases prepared by our property managers require that tenants 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 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 reference for rental investors in Pinecrest
- Before you rent out your property in Pinecrest
- 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 owner get paid?
- How your property management company handles the association and your community
- How your property manager handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Pinecrest landlord responsibilities
- Maintenance, repairs & inspections for your property in Pinecrest
- 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 Pinecrest