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  1. Insurance
  2. Homeowners Insurance

Lemonade: Home Insurance Review 2021

Published: Oct 23, 2020 8 min read
Money; Getty Images

Lemonade Homeowners Insurance Review

PROS

Unclaimed payments donated to charity. Additionally, Lemonade operates under a B-Corporation business model where the company donates all unclaimed premiums to charity at the end of each year.

CONS

Lemonade Home Insurance Policies

Lemonade Insurance Giveback

Lemonade Homeowners Insurance Policy Fees

Lemonade Company Information

Lemonade Home Insurance FAQs

Lemonade Insurance Review: Key Takeaways

  • Customers can quickly apply and file claims through the lemonade app.
  • However, this is not universal. More complex cases can take as long as traditional insurers.
  • Customers who qualify can get rates as low as $25/month.
  • Policies are highly flexible, with many options for additional coverage.
  • The company has a higher than usual degree of transparency regarding policy options and internal finances.
  • Lemonade’s B-Corporation status means it does not profit from unclaimed premiums.