Are renters in Foxcroft required to purchase renter's insurance?
The Commonwealth of Virginia does not require that renters in Foxcroft to buy a renter's insurance policy. However, our leases require that renters purchase renter’s insurance to cover 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 rental dwelling 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 landlords in Foxcroft
- Before you lease out your rental property in Foxcroft
- 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 rental manager handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for property owners using our rental management
- How Nesbitt Realty & Management manage keys
- Foxcroft owner responsibilities
- Maintenance, repairs & inspections for your property in Foxcroft
- 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 renters in Foxcroft