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