Are tenants in Northern Virginia required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Northern Virginia to purchase 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, tenant negligence, or if someone is injured at the rental dwelling. A’s insurance policy protects the rental property 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 useful source for landlords in Northern Virginia
- Before you put a renter in your investment in Northern Virginia
- 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 owner get paid?
- How your rental manager handles the association and your community
- How your property manager handles utilities
- How we find renters
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- Northern Virginia property owner responsibilities
- Maintenance, repairs & inspections for your property in Northern Virginia
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting renters in Northern Virginia