Allstate is preparing to introduce a new condominium insurance program in Tennessee through Allstate North American Insurance Company.

The program uses a new risk classification plan featuring updated loss models, additional rating variables and geocoding. It also replaces Allstate’s total-peril rating approach with a premium component structure that estimates each policyholder’s loss potential by peril.

Policies will include building property, personal property, additional living expense, liability, guest medical and loss assessment coverage. Optional coverages include water backup, building codes, enhanced personal property, personal injury liability and protection for units used as residential rentals.

The program features a minimum $1,000 property deductible, along with responsible payer, multiple policy and claim-free discounts.

Allstate requested a February 16, 2027, effective date for new business. The filing is pending regulatory review.