Are renters in Ballston required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Ballston to buy renter’s insurance. However, our leases require that renters obtain a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. A’s insurance policy protects the rental 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.
Landlord Reference
a useful source for landlords in Ballston
- Before you lease out your property in Ballston
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How we find renters
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Ballston owner responsibilities
- Maintenance, repairs & inspections for your property in Ballston
- 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 renters in Ballston