Savor rates as low as $5 a month and get fast, often instant claims payouts.
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Sarah George is a staff writer at Finder who unravels complicated topics about insurance, business and finance. She's been wordsmithing for nearly five years, after earning an English education degree. Her insurance know-how has been featured on CarInsurance.com. You can usually find Sarah sipping hot tea and talking through movie plots in her downtime.
Lemonade offers a refreshing blend of speedy claims, helpful coverage and cheap premiums to cover your rental liability and belongings. But its app-based model doesnât work for everyone, and the company doesnât yet offer its renters product in every state. In those cases, you can look at policies from home insurance competitors instead.
Restricted dog breeds. Like most home and rental insurers, Lemonade doesnât cover Akitas, Alaskan Malamutes, Dobermanns, Chow Chows, German Shepherds, Great Danes, Perro de Presa Canarios, Pit Bulls, Rottweilers, Siberian Huskies, Staffordshire Terriers or wolf hybrids.
Lemonade claims to undercut its competition by up to 82%, offering renters insurance that starts at $5 a month, or $60 annually. Because Lemonade keeps standard costs low, youâll only see a couple of discounts broken out of your rate.