HUB International Limited (HUB), a leading global insurance brokerage and financial services firm, has announced that it will provide condominium and homeowner associations with streamlined insurance quotes through HUB® HOA Insure Complete.
“HUB® HOA Insure Complete is an important step to provide condominium and homeowner associations clients access to tailored insurance and advisory services wherever and however they want to be serviced and fulfill their coverage needs,” said James “Chip” Stuart, HUB’s Real Estate Specialty Practice Leader. “HUB invests in digital solutions to make the process of selecting and purchasing specialized insurance more efficient.”
HUB® HOA Insure Complete will allow HUB brokers to quickly provide insurance quotes for Homeowner Associations for condos and homes in the U.S. Coverage including, but not limited, to:
Property Insurance
- Tailored coverage based on association by-laws (all-in, single entity, bare walls)
- Comprehensive coverage including agreed value guaranteed and extended replacement cost options.
General liability insurance
- Limits to include $1 million per occurrence and $2 million aggregate
- Insured status for property managers
- Board members and officers can be included as additional insureds
Crime insurance
- Social engineering fraud coverage
- Employee theft coverage
- Forgery or alterations coverage
- Theft of money and securities coverage
Auto Insurance
- $1 million hired and non-owned auto coverage
- Garagekeepers’ legal liability coverage
- Ability to include hired and non-owned auto and garagekeepers’ legal liability\
Today’s announcement continues to demonstrate HUB’s commitment to providing comprehensive omni-channel transactional insurance services that are efficient and have even more expansive, competitive offerings and functionality to address clients’ needs. The news also follows HUB’s digital acceleration journey with the recent acquisition of Insureon.
