Lemonade Launches Renters Insurance in Minnesota, Expanding Nationwide Availability
2 reports, 2 independent
Updated Wed 00:00
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What happened
Lemonade announced the availability of its renters insurance in Minnesota. This launch makes Lemonade Renters the first Lemonade product offered nationwide, covering all 50 states and Washington, D.C. Renters insurance coverage starts at $5 per month, and the service is fully digital, allowing customers to manage policies and file claims through the Lemonade app or website.
From prnewswire.com
Why it matters
The expansion increases the market reach of Lemonade's insurance offerings. The product is designed to provide affordable coverage while removing complexity from traditional insurance purchasing, allowing customers to manage policies on their own terms.
From prnewswire.com