Are renters in Woodbridge required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Woodbridge to purchase a renter's insurance policy. However, our leases require that renters obtain a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the property. A’s insurance policy protects the rental property from loss, but not the tenant’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 useful source for landlords in Woodbridge
- Before you rent out your investment in Woodbridge
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the owner get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How we find tenants
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Woodbridge owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Woodbridge
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When owners don't yet know their new address
- Vetting tenants in Woodbridge