Once your policy activates, your Rental Protection premium will be automatically paid to LeaseLock each month from your account linked to the Zillow payments tool.
If your renter pays rent before the 15th of the month, your premium (plus surplus lines taxes and fees) will be collected from their rent payment. Otherwise, your premium will be debited from your Stripe account on the 15th of every month. This includes scenarios where your renter pays the 15th of the month or later, pays you offline, or misses a rent payment. See more about missed rent payments.
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.