Kin Expands Launches Condo and Flood Insurance Options in California

Kin launched two new coverages for California homeowners — condo (HO6) insurance and a flood insurance add-on to Kin home insurance policies. The condo policies are designed to account for wildfire mitigation steps a homeowner has already taken — including defensible-space clearance, and fire and water protective devices — as part of how coverage is evaluated. The flood coverage, an endorsement on an existing homeowners policy, does not require a 30-day wait before coverage takes effect. For flood-related water damage, the endorsement applies the same dwelling and personal property limits as the underlying home policy, rather than the reduced sublimits many private flood add-ons carry. Kin operates in 14 states. Kin refers to Kin Distributor Insurance Services, a California surplus lines broker. Policies in California are marketed and sold in coordination with Elite Personal Insurance Agency. Topics California Flood New Markets Was this article valuable? Thank you! Please tell us what we can do to improve this article. Thank you! % of people found this article valuable. Please tell us what you liked about it. Here are more articles you may enjoy.