Insurtech Kin rolls out auto cover in Florida and Texas to enable bundling

Kin Expands Services with Auto Insurance in Florida and Texas

Digital insurer Kin has announced the launch of its auto insurance product specifically for homeowners in Florida and Texas. This move is aimed at providing a more comprehensive coverage option for residents in these states, which are known for their high insurance costs.

Bundled Savings for Homeowners

With the introduction of auto insurance, Kin is offering bundled savings of up to 20% for customers who choose to combine their home and auto policies. This can be particularly beneficial in high-cost markets, giving homeowners a financial incentive to streamline their insurance needs with a single provider.

Key Players and Offerings

Kin, which has positioned itself as an insurtech innovator, aims to make insurance more accessible through technology-driven solutions. Their platform already provides homeowners insurance, and the expansion into auto coverage aligns with their strategy to simplify the insurance process and enhance customer service.

Impact on Customers

This new offering is likely to attract more homeowners looking for convenience and cost savings in their insurance coverage. By bundling policies, customers can potentially save money while dealing with fewer companies, which can simplify claims and customer service interactions.

Conclusion

Overall, Kin's launch of auto insurance in Florida and Texas represents a step towards a more integrated insurance experience for homeowners. As homeowners look for ways to manage costs, this bundled offering could appeal to many seeking both convenience and savings.

Original Source: https://beinsure.com/news/insurtech-kin-rolls-out-auto-cover-in-florida-texas/