FirstService Residential announced the launch of a new resident insurance solution designed to close the insurance coverage gap, offer more choice and simplify life for residents and boards at the communities it manages. This new program is delivered through a partnership between its affiliated company FS Insurance Brokers and Viu by Hub, an omnichannel insurance platform developed by Hub International.
Recent studies by the American Property Casualty Insurance Association (APCIA) show that about two out of every three homes nationwide may be underinsured. Residents often discover this only when it’s time to file a claim. This can lead to significant extra costs, frustration and even affect neighbors with property damage or disruptive projects. FirstService Residential’s program aims to address these challenges by making insurance more accessible, transparent and tailored to the needs of every resident.
“We are always looking for new ways to add value and simplify life in the communities we serve,” said Andrew Lester, president of FS Insurance Brokers. “Our new resident insurance solution is available whenever your residents need it. There’s no obligation, just convenience when insurance decisions arise.”
Residents can compare quotes from top national insurers for home, auto and more, all in one place. As a brokerage, Viu by Hub offers neutral advice to tailor insurance to match each resident’s needs. The individual licensed agents of Viu by Hub provide expertise, guidance and quotes in seconds from 50-plus top-rated carriers, with coverage across the U.S.
“Property managers see firsthand what happens when residents are underinsured. It affects the whole community,” said Bryan Davis, president of Viu by Hub. “FirstService Residential recognized that gap and is taking a proactive approach to help residents protect themselves and their neighbors.”
