Are renters in Woodbridge required to pay for renter's insurance?
The Commonwealth of Virginia does not require that tenants in Woodbridge to pay for a renter's insurance policy. However, leases prepared by our property managers require that renters purchase a renter's insurance policy 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 good reference for rental investors in Woodbridge
- Before you lease out your rental in Woodbridge
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Woodbridge landlord responsibilities
- Maintenance, repairs & inspections for your property in Woodbridge
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When landlords don't yet know their new address
- Vetting tenants in Woodbridge