Lemonade Insurance

Lemonade Insurance Software


Company Name:

About: Lemonade is a full stack insurance company powered by AI and behavioral economics, and driven by
social good.
Headquarters: New York, New York, United States.

 
  2023-12-20

Lemonade Insurance Overview


What is Lemonade Insurance? Lemonade is an insurance app that offers car, renters, homeowners, pet, and term life insurance policies. The app is designed to be fast, easy, and hassle-free, with policies starting as low as $5 per month for renters insurance. Lemonade is a B-Corp, meaning social good is baked into their business model, and they give back to charities chosen by their customers.



Features


- Fast and easy policy purchase through the app, with policies starting as low as $5 per month for renters insurance

- Financial rating of "A" exceptional

- Bundle discounts automatically applied to any combination of Lemonade's products

- Socially driven business model with a flat fee, fast claims processing, and charitable giving

- Dedicated customer experience team and claims specialists available to help when needed

- Live policy adjustments, including personalization, adding a significant other, and changing addresses

- Instant claims processing with AI running 18 anti-fraud algorithms and payments made in 3 seconds for approved claims

- Adjustable coverage for home, car, pets, personal property, liability, and more

- Renters insurance available in 29 states, homeowners insurance available in 24 states, car insurance available in 3 states, and pet health insurance available in 34 states

- Term life insurance available in 49 states

- Online and phone support for questions and policy adjustments

- Proof of insurance available for download and sharing on mobile devices

- Legal information available on the Lemonade website.



Official Screenshots


     


Lemonade Insurance Pricing Plans

Duration Amount (USD)
Monthly Subscription $26.25

**Pricing data is based on average subscription prices reported by Justuseapp.com users..



Product Details and Description of



“@Lemonade_Inc was the simplest and easiest insurance I’ve ever purchased, “old” insurance companies need to step into the current century!!!” SOME QUICK LEMONADE STATS • Starts as low as $30/mo for car insurance, $5/mo for renters, $25/mo for homeowners, $12/mo for pet, and $9/mo for term life. • Financial rating of “A” exceptional • 90 secs to get a policy through our app • Super fast and easy to use • Reinsured by the most trusted names on the planet WHY LEMONADE FOR INSURANCE • No Hassle: There’s no need to wait around for snail mail or talk on the phone w/ agents - get a policy with the Lemonade app whenever and wherever you are • Bundle and save! We’ll automatically apply your bundle discount to any combination of our products • Socially Driven: As a B-Corp, social good is baked into our business model: we take a flat fee, use the rest to pay claims (super fast!), and give back what’s left to charities you care about with our renters, homeowners, car, and pet products. Lemonade also plants trees based on our drivers’ mileage to help clean up carbon emissions. • Devoted Team: Our powerful tech and automation free up our dedicated customer experience team and claims specialists to help you when you need it most. HOW LEMONADE IS DIFFERENT • Live Policy: Want to personalize your coverage? Add your sig other? Cancel your policy and get a new one at a different address? Do it all with a couple of taps on your phone. • Instant Claims: Seamlessly file claims from your phone - anytime, anywhere. Our AI runs 18 anti-fraud algorithms, and if your claim is instantly approved, you’ll get paid in 3 secs. • Adjustable coverage: For your home, car, pets, personal property, liability, and more. Get your stuff covered whether it's at your home, or on the go. LET’S MAKE LEMONADE! Renters insurance is currently available in AZ, AK, CA, CO, CT, DC, FL, GA, IL, IN, IA, MD, MA, MI, MO, NV, NJ NM, NY, OH, OK, OR, PA, RI, TN, TX, VA, DC, and WI. Homeowners insurance is available in AZ, CA, CO, CT, DC, GA, IL, IN, IA, MD, MA, MI, MO, NV, NJ, NY, OH, OK, OR, PA, TN, TX, VA, DC, and WI. Car insurance is available in IL, OH, and TN with more states coming soon! Pet health insurance is available in AL, AR, AZ, CA, DC, FL, GA, IA, IL, IN, MD, MI, MS, MT, ND, NE, NC, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, and WI. Term life insurance is available in AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, FL, GA, HI, ID, IL, IM, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WI, and WY. WANNA BE FRIENDS? • facebook.com/lemonade • twitter/lemonade_inc • instagram.com/lemonade_inc • instagram.com/lemonade_pet • youtube.com/lemonade_Inc YOU'RE INSURED BY LEMONADE: • Get questions answered by our team online or over the phone • Download and share proof of property and home insurance on your mobile phone • Adjust and update your policy for your home insurance coverage whenever and wherever • Protect your favorite items, at home and away THE LEGAL STUFF Terms of Service: lemonade.com/terms-of-service Privacy Policy: lemonade.com/privacy-policy Legal Stuff on Lemonade: lemonade.com/legal-stuff Cheers for reading all 3,402 characters! Give yourself a pat on the back ;) If you want more Lemonade, visit us at lemonade.com/blog




Top Reviews

By Bananamarie

Made the best lemonade I’ve ever had!

I have been telling EVERYONE about Lemonade. I don’t know how, but, getting insurance through your company is actually FUN! I have never had so much FUN doing a chore that typically involves a boring Q & A. The app really made me feel like I was getting insurance through a friend. I smiled with the shout out to my horoscope sign after entering my birthday, I loved the “making lemonade” process when getting the quote, and (because I have a future date for the policy to start) I absolutely adore the countdown. I look at it almost daily and become even more excited for my move (and I really don’t like having to move so this is really helping). The use of unclaimed funds going to charity actually makes my heart melt. By providing freedom to choose what organization you would like to contribute to truly makes me feel like I am giving back in some way, and it is beyond noble and inspiring for you to use that money to help others turn lemons into lemonade. Also, your customer service has been impeccable. Every question I have had has been answered quickly and by a friendly representative of the company. I don’t know much about the insurance world, other than we need to have it, but, you make me want to work for you!!! Where do I sign up?

By GigiMarie3

The best renters insurance!

I tell people about Lemonade all the time, you can’t beat the price and the customer service is truly incredible. I’ve been using their services for about a year and only recently did I actually have to file a claim. I had an unfortunate mishap of having my laptop stolen while out of town (!!!) and had to file it with my renters. Sarah at Lemonade was sooo helpful, so KIND and so understanding, as these situations are often really messy with a LOT of moving parts that can be completely out of your hands. My claim was handled quickly and seamlessly, and everything was as my policy laid out. I also found out this summer while traveling abroad that this policy covers you WHEREVER YOU ARE in the world! After comparing travelers insurance prices, which are incredibly expensive, I thought to just ask Lemonade because someone mentioned my renters might cover it and - it does! It is such a relief knowing that for $5 a month, I’m covered no matter where I am and without any hassle. Crossing my fingers I won’t have to file anymore claims, but even if I have to, I know they’re reliable and kind, unlike some other agencies I’ve encountered. I’m so happy with Lemonade and I really hope everyone joins them to keep their stuff safe!

By HeyNeenz

Easy peasy

Renters insurance is one of those things that everyone should have but many people don’t. I didn’t for most of my adult life. But then I moved to LA and into a place that required it. Anyway, a few months after I started my policy, it’s fire season. What?! There’s a season for FIRE? Yes. Yes there is. And I ended up in an evacuation area. I’m scared, honestly. I just moved here and most of my stuff is new. Anyway...I reached out and asked a bunch of questions on the app and they got back to me very quickly, assuring me I was covered and explained some details in a way that was really easy to understand. Everything ended up being fine where I was but it really took a load of worry off my mind that they answered by questions so that I understood everything. I’m back in New York and have them here too. We have different weather issues here and they explained the coverage about flooding & water damage so that I knew exactly what it was and what it covered. Thanks, Lemonade team!





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