Are renters in Burke required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Burke to purchase renter’s insurance. However, leases prepared by our property managers require that tenants pay for a renter's insurance policy which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the 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.
Buying Tips & Suggestions
Find out why clients love our tiny family business.
Landlord Reference
a useful reference for rental investors in Burke
- Before you put a renter in your rental property in Burke
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property management company handles the association and your community
- How your rental manager handles utilities
- How we find tenants
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- Burke landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Burke
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When landlords don't yet know their new address
- Vetting tenants in Burke