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 in opposition to each property injury and legal responsibility. It additionally affords protection for injury brought on by fires and storms, misplaced rental earnings and private legal responsibility, VIU stated in a information launch.

Shoppers proudly owning fewer than 5 properties can now store for, evaluate quotes, and buy a landlord insurance coverage coverage by VIU. This sort 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 stated.

“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 answer to guard their rental properties,” stated 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 inside the programs of accomplice companies similar to property administration corporations, the corporate stated.

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