Are tenants in Woodbridge 4 required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Woodbridge 4 to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters obtain 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 property. A’s insurance policy protects the rental dwelling 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.
Landlord Reference
a useful archive for landlords in Woodbridge 4
- Before you put a renter in your property in Woodbridge 4
- 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 rental investor get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt finds renters
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Woodbridge 4 owner responsibilities
- Maintenance, repairs & inspections for your property in Woodbridge 4
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting renters in Woodbridge 4