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