Kin Interinsurance Nexus Exchange is seeking a 4.9% overall rate increase for its House and Property program in Tennessee, affecting 973 policyholders and about $1.8 million in written premium. The change would increase premium by roughly $88,756 and is scheduled to take effect March 10, 2026 for new business and May 11, 2026 for renewals.

The program remains relatively small and appears to be in an early scaling phase, marking the company’s first Tennessee revision since its initial launch in mid-2024. Policy impacts vary widely, ranging from decreases of more than 30% to increases approaching 80%, reflecting a targeted re-pricing strategy focused on reshaping the book rather than applying a broad market adjustment.

The filing introduces two new discounts: an Early Quote Discount, which applies when a policy is quoted at least seven days before the effective date based on the first saved quote for the same address within the past six months, and a Home Buyer Discount, reflecting a digital acquisition strategy targeting online shoppers and customers at the point of home purchase.

Beyond the headline change, the company is revising multiple core rating elements, including territories, amount of insurance, age of home, insurance score, and base rates for all other perils. The depth of segmentation and reliance on granular risk factors reflects a data-driven underwriting approach designed to improve risk selection and portfolio performance.

Bottom Line: From a policy count perspective, Kin’s current Tennessee book is roughly the same size as Erie’s was in the state in 2010.