The homeowners and contents policy provider will be expanding into an all new market. Lemonade pet insurance is about to become the next offering from the industry disrupting homeowners and contents insurer. The company has managed to raise $480 million and is now set to cover cats and dogs. It is not yet clear when the Lemonade pet insurance policies will start selling. So far, the insurer has announced its intentions to step into that category. It is also making its way through the regulatory process of selling coverage for…
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Lemonade insurance company heads into California with new license
The tech-based insurer launched in New York and sells renters and homeowners insurance policies. The new Lemonade insurance company that made a splash in New York when it launched in the second half of 2016 is now stepping into California. This new tech-based insurance startup promises consumers an application process as short as 90 seconds. Moreover, the Lemonade insurance claims payment process can be as quick as 3 minutes, according to the company. The insurer received the necessary approval from the California Department of Insurance for the sale of homeowners…
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