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