Are tenants in Fairfax required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Fairfax to obtain renter’s insurance. However, our leases require that tenants purchase 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 property. 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 Fairfax
- Before you rent out your investment in Fairfax
- 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 landlord get paid?
- How your management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for property owners using our property management
- How Nesbitt Management handles keys
- Fairfax rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Fairfax
- 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 Fairfax