Are renters in Oakton required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Oakton to purchase renter’s insurance. However, our leases require that renters buy renter’s insurance to cover 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 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 good source for property owners in Oakton
- Before you lease out your property in Oakton
- 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 property owner get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Oakton rental investor 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 property owners don't yet know their new address
- Vetting tenants in Oakton