Are renters in Columbia_condominium required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Columbia_condominium to obtain a renter's insurance policy. However, leases prepared by our property managers require that tenants purchase a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the rental dwelling. A’s insurance policy protects the 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 free source for property owners in Columbia_condominium
- Before you lease out your investment in Columbia_condominium
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt finds renters
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- Columbia_condominium landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Columbia_condominium
- 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 renters in Columbia_condominium