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