SEAN HARPER

According to NerdWallet’s analysis, homeowners insurance costs an average of $1,820 per year or roughly $152 monthly. For the survey, pricing data from more than 100 insurance companies were analyzed to determine the average homeowner’s insurance cost in every state and the largest U.S. cities. Several insurance companies retain a particular focus on homeowners insurance. Kin Insurance will be the best example. However, the above mentioned statistics are best described as ‘rough estimate.’ “Kin’s mission is to reimagine home insurance For Every New Normal. While other insurers struggle to handle a fast-changing world, Kin is built for the future and prepared to meet its challenges head-on while helping our customers do the same.

Because of our technology and direct-to-consumer model, we provide affordable pricing without compromising coverage, even in areas most impacted by climate change. In addition, we’re fully licensed, and our carriers,” says Sean Harper, Co-Founder and Chief Executive Officer. Demotech, Inc. has given Kin Interinsurance Network and Kin Interinsurance Nexus Exchange an A, Excellent rating, indicating that Kin has the financial capability to support its customers through routine claims and seismic catastrophes. A positive surplus in terms of policyholders, the liquidity of invested assets, an appreciable level of financial leverage, considerable loss along with the loss adjustment expense reserves (L&LAE), and realistic pricing are the criteria for this rating, which is given to insurers. 

THE KIN DIFFERENCE

Simplified Approach

Kin Insurance extends insurance coverage with a few easy clicks and submitting insurance claims immediately. In addition, the company’s five-star rated staff is ready for assistance.

MAKING HOME INSURANCE AFFORDABLE

Kin insurance keeps expenses down and transmits savings by selling directly and utilizing technology. As a result, consumers claim to have saved, on average, over $700. “We’re a member-owned insurance company that’s customer-focused by design. Our interests are fully aligned full stop. We built Kin to put our customers first, and based on our excellent customer reviews, we’re on the right track. Our carrier is structured as a reciprocal insurance company, which is a fancy way of saying when you’re a Kin policyholder. You own part of our company. You have a voice in what we do, and our Subscribers’ Advisory Committee ensures it,” adds the CEO. Customers who switch to Kin typically report saving more than $700. The firm is searching for novel ways of savings and solutions for coverage that is within budget.

Besides home insurance, Kin Insurance also focuses on Mobile Home Insurance, Condo Insurance, Flood Insurance, House & Property Insurance, Landlord Insurance, and Hurricane Insurance. The states part of the firm’s network include Florida, Louisiana, South Carolina, Mississippi, Alabama, and California. In Florida, Louisiana, and South Carolina, coverage is issued through the following, either the Kin Interinsurance Network or the Kin Interinsurance Nexus Exchange. “We use technology to simplify everything from quotes to claims. Besides, the firm helps clients save as much as possible – most customers report saving over $700 when they switch to Kin. Also, we allow you to redefine your experience with our expert help, best-in-class service, and customized coverage,” concludes the CEO.