Are renters in Prince William County required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Prince William County to pay for a renter's insurance policy. However, leases prepared by our property managers require that tenants 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 rental dwelling. 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.
Landlord Reference
a useful archive for property owners in Prince William County
- Before you rent out your property in Prince William County
- 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 management company handles utilities
- How Nesbitt Management finds renters
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- Prince William County property owner responsibilities
- Maintenance, repairs & inspections for your property in Prince William County
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When property owners don't yet know their new address
- Vetting tenants in Prince William County