Monzo launches home insurance

After launching renters insurance in April, UK digital bank Monzo is now introducing home insurance in partnership with Chubb.

Monzo says that customers will be able to get coverage by answering just 6 questions. The coverage limit is £1,000,000 and customers must keep their Monzo checking account open for the whole time they have Monzo Home Insurance.

Monzo, which has ~11 million customers, is the UK’s seventh-largest bank.