Lemonade expands renters insurance to Alabama

Coverage starts at $5 per month, and over 50% of claims are handled instantly, according to the company.

GetSignal Lemonade, Inc. LMND

Lemonade said on October 20, 2026 that its renters insurance is now available in Alabama. Renters in the state can obtain quotes, take out policies, update existing policies and file claims in one app.

Lemonade said over 50% of its claims are handled instantly, which it said helps renters receive assistance more quickly after a covered loss.

Dan Timsit, Head of Renters Insurance at Lemonade, said the company built its insurance to cut through complexity, offering simple quotes, instant claims and rates that do not break the bank. He said the company can now offer that to Alabama renters.

Lemonade said that, based on company and industry data, its renters insurance rates are approximately 30% lower than the national average. It said customers may also be eligible for additional savings by bundling policies, installing qualifying home safety devices or choosing annual billing.

Lemonade said it currently serves more than 3 million active customers and has been recognized by organizations and publications, including Forbes and U.S. News & World Report, for its insurance products and customer experience.

Key facts

Availability
Alabama, announced October 20, 2026
Starting price
$5 per month
Rate comparison
Approximately 30% lower than the national average
Active customers
More than 3 million

All LMND news

Source: The company's release on PR Newswire, October 20, 2026.

Written by GetSignal with AI from the company's press release.

Not investment advice.

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