Are renters in Franconia required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Franconia to purchase renter’s insurance. However, our leases require that tenants buy 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 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.
Landlord Reference
a useful source for landlords in Franconia
- Before you move a tenant into your property in Franconia
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a tenant 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 Nesbitt Management finds tenants
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Franconia rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in Franconia
- 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 Franconia