Are renters in Highland_park required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Highland_park to purchase a renter's insurance policy. However, leases prepared by our property managers require that renters pay for a renter's insurance policy which pays for 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 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 useful source for property owners in Highland_park
- Before you lease out your investment in Highland_park
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy 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 management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Highland_park landlord responsibilities
- Maintenance, repairs & inspections for your property in Highland_park
- 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 renters in Highland_park