Are tenants in Northern Virginia required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Northern Virginia to purchase renter’s insurance. However, leases prepared by our property managers require that tenants purchase renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental dwelling. A’s insurance policy protects the 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.
Landlord Reference
a handy source for landlords in Northern Virginia
- Before you put a renter in your investment in Northern Virginia
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your management company handles the association and your community
- How your property manager handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Northern Virginia rental investor responsibilities
- Maintenance, repairs & inspections for your property in Northern Virginia
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting tenants in Northern Virginia