StockWatch
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Property-Casualty Insurers
ExpansionJun 11, 2026, 01:01 PM

Lemonade Renters Insurance Now Available in Montana

AI Summary

Lemonade, Inc. announced the expansion of its renters insurance product to Montana, offering residents a fast and affordable way to protect their belongings. The service allows users to get quotes, purchase coverage, update policies, and file claims directly through its app, with nearly 40% of claims handled instantly. Policies start at $5 per month, and the company claims its rates are approximately 30% lower than the national average, with additional savings available for bundling or safety devices.

Key Highlights

  • Lemonade renters insurance is now available in Montana.
  • Nearly 40% of claims are handled instantly through the app.
  • Policies start at $5 per month.
  • Renters insurance rates are approximately 30% lower than the national average.
  • Lemonade serves more than 3 million customers across its products.