Are renters in Rosslyn required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Rosslyn to purchase renter’s insurance. However, leases prepared by our property managers require that renters buy renter’s insurance to cover losses of the tenant's personal property due to theft, fire, renter negligence, or if someone is injured at the rental property. An owner’s insurance policy protects the 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
a handy source for rental investors in Rosslyn
- Before you move a tenant into your rental property in Rosslyn
- 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 rental manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Rosslyn rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in Rosslyn
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting tenants in Rosslyn