Are renters in Alexandria required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Alexandria to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters pay for renter’s insurance which pays for 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 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 handy reference for rental investors in Alexandria
- Before you lease out your investment in Alexandria
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the owner get paid?
- How your property manager handles the association and your community
- How your property manager handles utilities
- How we find tenants
- Insurance matters for landlords using our property management
- How Nesbitt Management handles keys
- Alexandria owner responsibilities
- Maintenance, repairs & inspections for your property in Alexandria
- 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 tenants in Alexandria