Zillow Insurance Services uses the information it receives from Zillow Rental Manager to prepare an insurance application on your behalf for Rental Protection coverage. We call this your request for coverage.
Zillow Insurance Services also sends rental payment information to LeaseLock that can be used to verify a claim for renter default.
Here’s how the Zillow Rental Manager tools help with Rental Protection:
- Applications. Applicants can upload income documents to help you verify tenants have the minimum income-to-rent ratio required for Rental Protection.
- Leases. Zillow Insurance Services can quickly send your lease terms to LeaseLock.
Payments. The record of payment transactions between you and the renter helps track if rent payments are missed, so Zillow Insurance Services can provide that information to LeaseLock for claims processing.
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.