Is Kin a real insurance?
Kin Insurance, founded in 2016, seeks to lower costs for high-risk homes by relying on technology and selling directly to consumers instead of through agents. Kin home insurance is currently sold only in Florida and Louisiana, but if you live in one of those states, it's worth considering.
Is Kin admitted in Florida?
State availability. Kin currently offers new homeowners policies only in Florida and Louisiana.
When did Kin insurance start in Florida?
Kin, started in 2016 by financial tech entrepreneurs Sean Harper and Lucas Ward, began as a technology-driven home insurance carrier in Florida focused on customers with catastrophe coverage needs. Becoming a carrier starting in Florida, is a move designed to reach customers that Kin says insurers often neglect.
Is Kin insurance licensed in Louisiana?
In Louisiana, we operate as Kin Insurance Network Distributor (KIND), LLC, a licensed surplus lines producer. Our license number is 908208.
What is an admitted insurer in Florida?
Admitted/Authorized – As used herein, an “Admitted/Authorized” insurer is one that is authorized by the Office of Insurance Regulation to write insurance under a Certificate of Authority.
Is Kin Insurance legitimate?
Financial strength —While not currently rated by AM Best — a trusted financial rating agency — Kin Insurance is given an A (Exceptional) rating by independent rating agency Demotech.
Is Kin Insurance AM Best rated?
Kin's California home insurance is backed by Falls Lake Fire and Casualty Company, which is rated A (Excellent) by AM Best, and through a partnership with Digital Partners, a Munich Re company rated A+ (Superior) by AM Best.
How long has kin insurance been in Florida?
Kin Insurance, founded in 2016, seeks to lower costs for high-risk homes by relying on technology and selling directly to consumers instead of through agents. Kin home insurance is currently sold only in Florida and Louisiana, but if you live in one of those states, it's worth considering.
Does Kin insurance have an office in Florida?
Kin is one of a new breed of insurers that has no physical offices. Everything is done online.
Is Kin a good insurer?
Kin Insurance earned an overall score of 4/5 in The Zebra's review. Read more below to find out if they're the right carrier for you. The Zebra partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed agents.
Is Kin insurance in Louisiana?
On a state-wide average, Louisiana home insurance costs $2,375 with Kin, but your cost may be lower depending on your home's location, its safety features, and the deductibles you choose.
What states does kin insurance cover?
- Available only in Florida and Louisiana.
- Pet liability coverage costs extra.
- No bundling discount.
Is Kin a good insurer?
Kin Insurance earned an overall score of 4/5 in The Zebra's review. Read more below to find out if they're the right carrier for you. The Zebra partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed agents.