Are tenants in Franconia required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Franconia to pay for a renter's insurance policy. However, our leases require that renters pay for renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter 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 free archive for rental investors in Franconia
- Before you move a tenant into your rental in Franconia
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy 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 property manager handles utilities
- How we find renters
- Insurance matters for property owners using our property management
- How Nesbitt Management handles keys
- Franconia rental investor responsibilities
- Maintenance, repairs & inspections for your 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 landlords don't yet know their new address
- Vetting tenants in Franconia