Are tenants in Nantucket required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Nantucket to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters pay for renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental dwelling. 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.
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To speak with a real estate professional who is concerned about your requirements, call us at (703) 765-0300.
(703)765-0300
Landlord Reference
a useful archive for landlords in Nantucket
- Before you move a tenant into your investment in Nantucket
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your property manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Nantucket property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Nantucket
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting tenants in Nantucket