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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 houses.

Landlord insurance coverage typically protects towards each property harm and legal responsibility. It additionally affords protection for harm attributable to fires and storms, misplaced rental earnings and private legal responsibility, VIU stated in a information launch.

Customers proudly owning fewer than 5 houses can now store for, examine quotes, and buy a landlord insurance coverage coverage by way of VIU. This type of coverage covers houses that don’t qualify for owners insurance coverage, resembling secondary houses, rental properties and vacant houses 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 resolution to guard their rental houses,” stated Bryan Davis, government vp and head of VIU. “By including a landlord coverage to our roster of merchandise, we additional cement VIU’s function as a one-stop store for all private insurance coverage wants for people and permit our companions – significantly these within the property administration area – to raised serve their prospects.”

The VIU platform can simply be embedded throughout the techniques of companion companies resembling property administration firms, the corporate stated.

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