Kin is a new breed of homeowner’s insurance. Frustrated with how cumbersome the application process was, Kin’s founders set out to use data and technology to streamline not only the application process, but also more accurately assess risk.
By reducing the burden on agents and going straight to the consumer, they’re able to cut overhead and pass savings of up to 20% on to the consumer. Oh, and they’re backed by an A.M. Best A rated carrier, so they pay claims when something like Hurricane Irma happens.
That said, nobody wins when a home is damaged. Kin wants to help homeowners protect their homes. To that end, Kin has partnered with three companies that do just that. Each partner must fit the following criteria:
- Be well regarded. No fly-by-night businesses.
- Actively make your home safer.
- Their benefit must translate to lower home insurance premiums for Kin’s customers.
(Editor’s note: We went online for a quote, and were surprised to see the reasonable premium for our 1970s house.)
Without further ado, Kin’s partners are:
If you’ve ever had pipes burst or returned home to flooding, you know how serious water damage can be. Water issues are common, too; homes are two times more likely to encounter damage from water than from fire and theft combined. FLO monitors your water consumption by easily installing on your main water line. It detects abnormalities in your water usage, alerts you to them, and can shut off your water if it detects an anomaly, such as a burst pipe, limiting damage that could otherwise be catastrophic.
The system normally costs $399, but all Kin customers can get it free. Because the risk of water damage is mitigated, an average customer will get a $50 premium discount, too!
Another way to lower your homeowner’s insurance premium is with a qualified home security system. LiveWatch is one of the best in the industry, and also offers monitors for fire and carbon monoxide. It’s normally $99, but all Kin customers receive it absolutely free. Plus, the resulting home security discount saves Kin customers about $100 on their insurance premiums.
A new roof is the best way to save on your home insurance. Qualified Kin customers (those with older roofs) can apply to get a new roof financed with little to no upfront cost through our partnership with MyStrongHome. If you’re already looking at getting a new roof, this could be the best way – no upfront cost, and home insurance savings. Homeowners who replace their roofs with MyStrongHome see annual insurance savings of $1,000 to $2,000, depending on the home. More important, it further safeguards your home against hurricane-strength winds, an ever-growing worry.
These three partnerships provide great opportunities for Kin clients to not only save on homeowner’s insurance, but to actively make their homes safer for their families. Apply through Kin’s website or give Kin a call at (855) 717-0022 to see how Kin can help.