Are tenants in Cook Inlet required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Cook Inlet to pay for a renter's insurance policy. However, leases prepared by our property managers require that tenants pay for renter’s insurance 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 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 good source for landlords in Cook Inlet
- Before you move a tenant into your investment in Cook Inlet
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the owner get paid?
- How your management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Realty & Management manage keys
- Cook Inlet rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Cook Inlet
- 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 Cook Inlet