Are tenants in Reston required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Reston to purchase a renter's insurance policy. However, our leases require that renters obtain 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 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
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- Before you put a renter in your property in Reston
- Collections and evictions
- Communications with the tenant
- During the lease term
- 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 property management company handles utilities
- How we find tenants
- Insurance matters for owners using our rental management
- How Nesbitt Management handles keys
- Reston rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Reston
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When owners don't yet know their new address
- Vetting renters in Reston