Are renters in Oakton required to buy renter's insurance?
The Commonwealth of Virginia does not require that renters in Oakton to purchase a renter's insurance policy. However, leases prepared by our property managers require that tenants purchase 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 property 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.
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Call (703)765-0300 to talk with an agent.
Landlord Reference
a useful reference for landlords in Oakton
- Before you move a tenant into your rental in Oakton
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property management company handles the association and your community
- How your property manager handles utilities
- How we find renters
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Oakton rental investor responsibilities
- Maintenance, repairs & inspections for your property in Oakton
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting renters in Oakton