Are renters in Northern Virginia required to obtain renter's insurance?
The Commonwealth of Virginia does not require that renters in Northern Virginia to obtain a renter's insurance policy. However, leases prepared by our property managers require that renters pay for 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 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.
Landlord Reference
a free reference for rental investors in Northern Virginia
- Before you lease out your property in Northern Virginia
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for rental investors using our rental management
- How Nesbitt Realty & Management manage keys
- Northern Virginia rental investor responsibilities
- Maintenance, repairs & inspections for your rental investment in Northern Virginia
- 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 tenants in Northern Virginia