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Insurance provided by Lemonade Insurance Company, 5 crosby st. 3rd floor, New York, NY 10013 Lemonade Insurance Agency (LIA) is acting as the agent of Lemonade Insurance Company in selling this insurance policy. It receives compensation based on the premiums for the insurance policies it sells. Further information is available upon request.
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At the moment Lemonade insurance is the only major P2P insurance company in the U.S. Lemonade’s global competitors include Guevara in the UK, TonJu Bao in China, and Friendsurance in Germany. Most of Lemonade’s competition is actually from traditional insurance companies that view this disruption of the insurance marketplace with concern.
It’s the top-ranked homeowners insurance company in the country, according to J.D. Power. It’s a great choice for Dallas homeowners. It offers a 20% discount for buying both home and car …
Insurance is regulated at the state level in the U.S., and this means Lemonade will probably target a few states to begin with, just like they did with their homeowners’ and renters’ insurance. The traditional insurance model has long been in need of a serious shake-up, and Lemonade is at the vanguard of reforming and improving the industry.