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