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; 15087 posts; 2678 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; 18693 posts; 21366 upvotes; GTA

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.

If the women don't find you handsome, they should at least find you handy.

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Dec 14th, 2020 6:28 pm

MyNameWasTaken: Deal Fanatic; Aug 31, 2017; 5052 posts; 2863 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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