Are tenants in Merrifield required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Merrifield to purchase a renter's insurance policy. However, our leases require that tenants pay for renter’s insurance which pays for 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 rental dwelling 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.
Landlord Reference
a good archive for property owners in Merrifield
- Before you move a tenant into your property in Merrifield
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term 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 rental manager handles utilities
- How we find renters
- Insurance matters for landlords using our rental management
- How Nesbitt Management handles keys
- Merrifield landlord responsibilities
- Maintenance, repairs & inspections for your property in Merrifield
- 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 tenants in Merrifield