Are renters in Fairfax Station required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Fairfax Station to pay for renter’s insurance. However, our leases require that renters buy 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 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.
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Landlord Reference
a handy source for rental investors in Fairfax Station
- Before you put a renter in your investment in Fairfax Station
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for rental investors using our rental management
- How Nesbitt Management handles keys
- Fairfax Station landlord responsibilities
- Maintenance, repairs & inspections for your property in Fairfax Station
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting tenants in Fairfax Station