Are renters in Gates Mclean required to buy renter's insurance?
The Commonwealth of Virginia does not require that tenants in Gates Mclean to pay for a renter's insurance policy. However, leases prepared by our property managers 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 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 archive for property owners in Gates Mclean
- Before you put a renter in your rental in Gates Mclean
- 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 owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- Gates Mclean landlord responsibilities
- Maintenance, repairs & inspections for your property in Gates Mclean
- 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 tenants in Gates Mclean