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