Are tenants in Ballston required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Ballston to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters obtain renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the property. 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 free source for property owners in Ballston
- Before you lease out your property in Ballston
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the landlord get paid?
- How your management company handles the association and your community
- How your management company handles utilities
- How we find tenants
- Insurance matters for property owners using our property management
- How Nesbitt Management handles keys
- Ballston owner responsibilities
- Maintenance, repairs & inspections for your property in Ballston
- 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 renters in Ballston