Are renters in New Alexandria required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in New Alexandria to purchase renter’s insurance. However, leases prepared by our property managers require that renters purchase a renter's insurance policy which pays for 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 free reference for landlords in New Alexandria
- Before you put a renter in your property in New Alexandria
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your rental manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt Management finds renters
- Insurance matters for property owners using our rental management
- How Nesbitt Management handles keys
- New Alexandria rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in New Alexandria
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting renters in New Alexandria