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