Lemonade (NYSE: LMND), the tech-first insurance company, has announced the launch of its renters insurance product in New Hampshire. This expansion brings Lemonade’s digital, customizable coverage to renters across the state, further strengthening the company’s presence in the United States.
Lemonade Renters is designed to cover the belongings renters cherish while delivering a superior customer experience. Policies start from $5 per month and are built to be flexible, allowing customers to select coverage amounts and deductibles that fit their lifestyle and budget. Based on the latest industry and Lemonade data, across the U.S., Lemonade Renters is 30 percent more affordable than the typical renters policy.
New Hampshire renters can get a quote, purchase a policy, make changes, and file a claim directly through the Lemonade app. The company’s seamless digital experience enables customers to receive a quote in minutes and manage their coverage on their own terms. Approximately 40 percent of claims are handled instantly, helping customers recover quickly after covered events.
“New Hampshire represents an important step in our continued U.S. growth,” said a spokesperson for Lemonade. “Renters deserve insurance that is fast, easy to understand, and designed around their needs. We are proud to bring our digital-first experience to customers across the state.”
Lemonade’s renters insurance includes coverage for personal property against theft and certain types of damage, personal liability coverage for accidental injury or property damage, medical payments to others, and loss of use coverage if a home becomes unlivable due to a covered loss. Coverage limits and deductibles may vary by state.
Customers may also access savings by bundling policies, installing protective devices, or choosing to pay annually instead of monthly. Lemonade partners with more than 3 million active customers and has earned recognition from organizations including Forbes, CNBC, and U.S. News and World Report for its renters insurance offering.
With the addition of New Hampshire, Lemonade continues to expand its availability, reaching the majority of the U.S. population.
For more information or to get a quote, visit www.lemonade.com.
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