Are tenants in Westmoreland required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Westmoreland to obtain a renter's insurance policy. However, leases prepared by our property managers require that tenants obtain a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. A’s insurance policy protects the 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.
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Landlord Reference
a good archive for rental investors in Westmoreland
- Before you lease out your rental in Westmoreland
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your property management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Westmoreland property owner responsibilities
- Maintenance, repairs & inspections for your property in Westmoreland
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When property owners don't yet know their new address
- Vetting tenants in Westmoreland