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