Are renters in Cedar Lakes required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Cedar Lakes to purchase a renter's insurance policy. However, our leases require that renters pay for a renter's insurance policy to cover 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 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 reference for property owners in Cedar Lakes
- Before you rent out your rental in Cedar Lakes
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy 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 management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Cedar Lakes property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Cedar Lakes
- 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 tenants in Cedar Lakes