Kin Insurance, an insurtech startup offering insurance for homeowners, has expanded into Georgia. Kin uses big data analysis to help simplify the process of obtaining homeowners insurance.
Kin aggregates data from public and private sources (e.g., real estate listings and building records, as well as satellite and drone photography) to provide address-specific home insurance quotes for homeowners. Applicants enter their address and Kin pulls more than 5,000 data points to instantly provide an accurate homeowners quote.
Kin also utilizes an all-online application with personal customer service.
It currently operates in Florida and Georgia, and plans to make its coverage available nationally. The company recently closed a $13 million funding round led by August Capital.
Kin Insurance is an independent home insurance company using technology to leverage data and machine learning to analyze large amounts of public data to speed up the task of obtaining insurance estimates.
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