Are tenants in New_hope required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in New_hope to pay for renter’s insurance. However, leases prepared by our property managers require that tenants obtain 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 property. A’s insurance policy protects the rental dwelling 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 reference for landlords in New_hope
- Before you rent out your investment in New_hope
- 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 rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- New_hope owner responsibilities
- Maintenance, repairs & inspections for your rental property in New_hope
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When landlords don't yet know their new address
- Vetting tenants in New_hope