Lemonade Expands Renters Insurance to Vermont
Lemonade announced the expansion of its renters insurance product to Vermont, offering coverage starting at $5 per month. The company states its rates are approximately 30% lower than the national average, with about 40% of claims handled instantly via its app.
Key figures
- Active customers
- 3 million
- Giveback donations total
- $10 million
- Instant claims percentage
- 40%
- Renters coverage start price
- $5 per month
- Rate discount vs national avg
- 30%
AI analysis
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