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Lemonade's Autonomous Car Insurance Supports More Tesla Models
Lemonade's (LMND) Autonomous Car insurance now supports more Tesla (TSLA) vehicles. Drivers in Arizona, Colorado, and Tennessee with HW3 and the new FSD Supervised v14 Lite can now save 30% on miles driven with FSD engaged. Tesla drivers with HW4 and FSD v14.2 or newer continue to save 50% on those miles. FSD Lite is Tesla's adaptation of its v14 software for vehicles equipped with HW3, Tesla's previous-generation onboard computer. Lemonade Autonomous Car uses Tesla's Fleet API, which gives Lemonade access to vehicle data with a customer's permission, to distinguish between FSD Supervised engaged and human-driven miles and price each accordingly.
Lemonade Launches Renters Insurance in Hawaii Starting at $5 per Month
Lemonade announced the availability of its renters insurance in Hawaii. Coverage starts at $5 per month. Based on company and industry data, Lemonade's renters insurance rates are approximately 30% lower than the national average.
Lemonade Launches Renters Insurance in Alaska
Lemonade announced the availability of its renters insurance in Alaska. The expansion gives renters across the state a simple, fast way to get coverage that fits their lifestyles.
Lemonade Launches Pet Insurance in Kentucky
Lemonade announced the launch of Lemonade Pet Insurance in Kentucky. Pet parents across the state can now get a quote in minutes, customize their coverage, and file claims directly in the Lemonade app. Lemonade Pet gives customers coverage that they can tailor to their own budget and claims that are paid instantly rather than weeks or months. With this launch, Lemonade Pet Insurance is now available in 44 states plus Washington, D.C.
Lemonade Launches Renters Insurance in Kentucky
Lemonade announced the availability of its renters insurance in Kentucky. Lemonade Renters provides flexible coverage options via an app where renters can get quotes, purchase policies, update existing policies, and file claims, all in one place. About 40% of claims are handled instantly, helping renters receive assistance more quickly after a covered loss.Based on company and industry data, Lemonade's renters insurance rates are approximately 30% lower than the national average. Lemonade currently serves more than 3 million active customers and has earned recognition from organizations and publications including Forbes, CNBC, and U.S. News & World Report for its insurance products and customer experience.
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