Protection accessible to prospects proudly owning fewer than 5 properties
VIU by HUB, a digital brokerage subsidiary of Hub Worldwide Restricted, has introduced the launch of landlord insurance coverage to cowl funding rental properties and secondary properties.
Landlord insurance coverage usually protects towards each property harm and legal responsibility. It additionally gives protection for harm brought on by fires and storms, misplaced rental revenue and private legal responsibility, VIU mentioned in a information launch.
Customers proudly owning fewer than 5 properties can now store for, examine quotes, and buy a landlord insurance coverage coverage by means of VIU. This type of coverage covers properties that don’t qualify for owners insurance coverage, similar to secondary properties, rental properties and vacant properties present process repairs, VIU mentioned.
“About 70% of funding properties within the US are owned by people – this represents an enormous variety of people who find themselves in want of a special insurance coverage resolution to guard their rental properties,” mentioned Bryan Davis, government vp and head of VIU. “By including a landlord coverage to our roster of merchandise, we additional cement VIU’s position as a one-stop store for all private insurance coverage wants for people and permit our companions – significantly these within the property administration house – to raised serve their prospects.”
The VIU platform can simply be embedded throughout the techniques of associate companies similar to property administration corporations, the corporate mentioned.
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