Are tenants in Oakton required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Oakton to pay for renter’s insurance. However, leases prepared by our property managers require that renters purchase 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 property. A’s insurance policy protects the rental dwelling 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.
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Landlord Reference
a free source for property owners in Oakton
- Before you rent out your rental property in Oakton
- 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 owner get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Management handles keys
- Oakton owner responsibilities
- Maintenance, repairs & inspections for your property in Oakton
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting renters in Oakton