Are tenants in Haymarket required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Haymarket to pay for a renter's insurance policy. However, our leases require that renters obtain a renter's insurance policy to cover losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the property. A’s insurance policy protects the rental 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 source for rental investors in Haymarket
- Before you put a renter in your rental property in Haymarket
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a renter breaks the lease
- How does the owner get paid?
- How your property manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Management finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Management handles keys
- Haymarket landlord responsibilities
- Maintenance, repairs & inspections for your property in Haymarket
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When property owners don't yet know their new address
- Vetting tenants in Haymarket