Lemonade is a publicly traded company founded in 2015 offering renters insurance. Currently they offer homeowner, condo insurance, and renters. Insurance policies from Lemonade are available in Arizona, California, Colorado, Connecticut, District of Columbia, Georgia, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia, and, Wisconsin
A Lemonade Homeowners policy covers both the home and personal property for damage. Additional coverages may be available including Loss of Use, Personal Liability, and Medical Payments. Car insurance is available in select markets.
Lemonade has a Nsure.com insurance carrier rating of 5 out of 5 stars based on our research.
On Nsure.com your Lemonade homeowner or renters policy is clicks away.
Our carrier rating takes into account several factors about the insurer, our industry-experienced research, policyholder’s feedback, and other publicly available data. We also take into account the carrier’s financial stability, organizational structure, and history as well as their historical claims payout data to generate our comprehensive carrier profiles with a low to high rating of between 1 to 5 stars.
Lemonade does not have an A.M. Best Credit Rating, a Credit Rating scoring opinion of an insurer’s financial strength and ability to meet their ongoing insurance policy and contractual obligations.
They do have a Financial Stability Rating of “A or Exceptional” from Demotech Inc. Financial Stability Ratings (FSRs) are a leading indicator of the financial stability of Property and Casualty insurers.
AM Best is an independent insurance rating agency that provides credit ratings and financial data products for the insurance industry. Demotech Inc. specializes in providing ratings and detailed financial analysis of regional and specialty insurers.