In order to request Rental Protection through Zillow Insurance Services, you’ll need to verify that the combined income of all the renters on the lease is equal to at least two times the monthly rent. If the renter receives housing assistance, they’ll need a voucher that covers the full rent amount or a sufficient combination of housing assistance and income. See more information about housing assistance
Zillow Insurance Services doesn’t review income documents and doesn’t verify renter income eligibility. If you’re not able to verify that the applicant meets the income requirements for Rental Protection, you won’t be able to request Rental Protection coverage through Zillow Insurance Services. You can still decide to rent your property to any renter through Zillow Rental Manager, even if you decide not to request Rental Protection.
Rental Protection is lease insurance for landlords offered through Zillow Insurance Services, LLC (“ZIS”), a licensed insurance producer (AZ license no. 3001395092, CO license no. 721581, and NC license no. 3001614207). ZIS will refer landlords that express an interest in Rental Protection to LeaseLock Insurance Services, Inc. (“LeaseLock”), a licensed third party agent and surplus lines broker, to consider securing for their benefit such coverage, if available. Rental Protection is sold and administered by LeaseLock on behalf of one or more insurance companies. Requested Rental Protection coverage may not be available in the admitted market in your state. Such insurance companies may not be subject to your state’s insurance regulations and protections. Rental Protection may not be protected under your state’s guaranty act with respect to any right of recovery for the obligation of an insolvent insurer. Availability of Rental Protection may be subject to surplus lines exportability in your state.
ZIS may receive a fee or commission in connection with the sale of Rental Protection, but is not appointed to act on behalf of any insurance company. Rental Protection is not available in all states. If you would like information about other insurance coverage options, you should consult another insurance producer.
Zillow, Inc. provides the technology which powers the Zillow Rental Manager platform. Zillow Inc. does not receive compensation for the advertisement or sale of Rental Protection.