Lemonade Insurance

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Dec 14th, 2020 6:28 pm

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Dec 14th, 2020 5:31 pm

eldiablo [OP]: Deal Expert; Feb 24, 2007; 15064 posts; 2645 upvotes

Dec 14th, 2020 5:31 pm

Lemonade Insurance

https://www.lemonade.com/

https://www.lemonade.com/lemonade-goes-global

Homeowner/Renter/Pet insurance. Chatted with C/S and Canada is not on the radar at all. Wonder why? Their homeowner rates are a small fraction of what we pay.

*Note: The American states which are currently not on their service list is likely due to high risk from hurricanes/tornados/ice damage

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Dec 14th, 2020 5:51 pm

engineered: Deal Expert; Feb 11, 2007; 16020 posts; 17275 upvotes; Oakville

Dec 14th, 2020 5:51 pm

eldiablo wrote: ↑ https://www.lemonade.com/

https://www.lemonade.com/lemonade-goes-global

Homeowner/Renter/Pet insurance. Chatted with C/S and Canada is not on the radar at all. Wonder why? Their homeowner rates are a small fraction of what we pay.

*Note: The American states which are currently not on their service list is likely due to high risk from hurricanes/tornados/ice damage

Big insurance probably making it difficult for newcomers to come in and undercut them. Just like with out telcoms.

Win a PS5 with RFD!

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Dec 14th, 2020 6:28 pm

MyNameWasTaken: Deal Addict; Aug 31, 2017; 4295 posts; 2191 upvotes

Dec 14th, 2020 6:28 pm

We have Sonnet here, which I guess is the equivalent. Many insurance companies are consolidating. Auto is a losing product right now. No point trying to get into this market if you're Lemonade, unless you are writing different type of risks.

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