Are tenants in Willoughbys_ridge required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Willoughbys_ridge to buy a renter's insurance policy. However, our leases require that tenants buy 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 property. A’s insurance policy protects the rental 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 free archive for rental investors in Willoughbys_ridge
- Before you put a renter in your rental property in Willoughbys_ridge
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term 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 management company handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Willoughbys_ridge owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Willoughbys_ridge
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting tenants in Willoughbys_ridge