Are renters in Highgrove Estates required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Highgrove Estates to purchase renter’s insurance. However, leases prepared by our property managers require that renters buy 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 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 archive for property owners in Highgrove Estates
- Before you put a renter in your investment in Highgrove Estates
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the rental investor 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
- Highgrove Estates property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Highgrove Estates
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting tenants in Highgrove Estates