AI - Lemonade
Transforming insurance with technology-driven simplicity, affordability, and social impact - Lemonade's flat-fee model, fast claim payouts, and charitable giving.
- Name
- Lemonade - https://www.lemonade.com/
- Last Audited At
About Lemonade
Lemonade is a technology-driven insurance company based in the United States and Europe. They provide property and casualty insurance in the US through Lemonade Insurance Company (LIC) and in Germany through Metromile Insurance Company (MIC). In addition, they offer life insurance through North American Company for Life and Health Insurance®.
Their mission is to make insurance simple, transparent, and affordable for renters, homeowners, car owners, and pet owners. Lemonade's business model is designed for social impact, with a flat fee, fast claim payouts, and the remainder given back to charitable causes chosen by their customers. Lemonade is a Public Benefit Corporation and a certified B-Corp, emphasizing social responsibility as part of their legal mission.
Lemonade's offerings include renters, homeowners, car, pet, and term life insurance. They provide features like Giveback, Policy 2.0, an API, and resources such as a blog, FAQ, and transparency information. Their services are accessible in various countries, including the US, Germany, Netherlands, and France. Customers can follow Lemonade on social media platforms like Instagram, Facebook, Twitter, LinkedIn, and Dribbble.
Lemonade is an A-rated, fully regulated, and reinsured insurance company, backed by trusted names in the industry. Their insurance policies are designed to offer incredible prices, monthly subscriptions, and bundle discounts, providing amazing savings when customers choose to insure multiple aspects of their lives.