Are renters in Prince William County required to purchase renter's insurance?
The Commonwealth of Virginia does not require that tenants in Prince William County to buy a renter's insurance policy. However, leases prepared by our property managers require that renters obtain renter’s insurance which pays for 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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Landlord Reference
a useful archive for rental investors in Prince William County
- Before you move a tenant into your rental in Prince William County
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the rental investor get paid?
- How your rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- Prince William County rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment 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 renters in Prince William County