The amount of each payment is up to you, as long as the total amount to repay is the same as the missed rent, and all amounts owed are repaid before the end of the lease. If you discount or forgive part of the rent, Rental Protection coverage won’t apply to this amount.
Be sure to set up the payment plan within 30 days of the missed rent’s due date, or your Rental Protection coverage may be affected. Learn more about setting up a payment plan.
Coverage is subject to policy terms, limitations, conditions, and exclusions. Descriptions of coverage are for informational purposes only and do not alter any insurance policy or guarantee any specific price, quote or coverage. For a complete understanding of the coverage available, please review the terms, conditions, definitions, and exclusions of your Rental Protection insurance policy.