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