Are renters in Stratford required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Stratford to buy renter’s insurance. However, leases prepared by our property managers require that tenants buy a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the 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 handy source for rental investors in Stratford
- Before you lease out your investment in Stratford
- 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 property owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- Stratford landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Stratford
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting renters in Stratford