Are tenants in Merrifield required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Merrifield to purchase renter’s insurance. However, leases prepared by our property managers require that renters pay for a renter's insurance policy 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.
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Landlord Reference
a free reference for property owners in Merrifield
- Before you move a tenant into your investment in Merrifield
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your property management company handles the association and your community
- How your property management company handles utilities
- How we find renters
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Merrifield property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Merrifield
- 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 Merrifield