Are tenants in Baileys Crossroads required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Baileys Crossroads to pay for a renter's insurance policy. However, our leases require that tenants buy renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, tenant 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.
Nesbitt Realty provides award-winning property management services.
Learn more about how we can help you achieve your real estate goals.
Landlord Reference
a free source for property owners in Baileys Crossroads
- Before you put a renter in your rental in Baileys Crossroads
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your property 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 property management
- How Nesbitt Management handles keys
- Baileys Crossroads owner responsibilities
- Maintenance, repairs & inspections for your rental property in Baileys Crossroads
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting renters in Baileys Crossroads