Kin Brings Auto Insurance to Colorado on November 12: Its Third Auto Insurance State, With Bundled Home and Auto Savings of up to 15 Percent on Home Premiums and up to 20 Percent on Auto Premiums
Kin Insurance announced on November 12 that auto insurance is now available in Colorado, making it the third state where Kin offers auto coverage, following Florida and Texas.
Colorado homeowners who bundle home and auto policies with Kin may save up to 15 percent on their home insurance premiums and up to 20 percent on their auto insurance premiums. During beta testing, more than one in three, or 42 percent, of Colorado homeowners who purchased a Kin home policy also purchased Kin auto coverage.
Kin cited the Colorado Division of Insurance in noting that hail accounts for roughly half of homeowners insurance premiums along Colorado Front Range and into the Eastern Plains, and that a single hailstorm can damage both a home and the car parked outside, leaving owners of separate policies with two companies to call and two claims to manage. Kin Colorado auto coverage is available with liability coverage or full coverage, which adds collision and comprehensive coverage, and comprehensive coverage helps protect against weather related vehicle damage, including hail.
Kin Founder and Chief Executive Sean Harper said the demand is clearly there, that homeowners want the convenience of having all their coverage in one place, and that expanding into auto insurance is a natural next step. Drivers 55 and older may also qualify for a Mature Driver Discount by completing an approved driver safety course.
Source: Kin Insurance
Published by GSM · USA (original Chinese edition)
Photo: 图：科罗拉多州东部冰雹灾后景象（Kin相关资料图）。James St. John，CC BY 2.0，Wikimedia Commons。 / Photo: Aftermath of a hailstorm in eastern Colorado. James St. John, CC BY 2.0, via Wikimedia Commons.
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