Are tenants in Lake Frederick required to pay for renter's insurance?
The Commonwealth of Virginia does not require that renters in Lake Frederick to pay for a renter's insurance policy. However, our leases require that renters buy 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 rental property. A’s insurance policy protects the 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.
Landlord Reference
a useful reference for rental investors in Lake Frederick
- Before you move a tenant into your property in Lake Frederick
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the owner get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How we find tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Management handles keys
- Lake Frederick rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Lake Frederick
- 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 Lake Frederick