Lemonade launches affordable digital renters insurance in Delaware, expanding its US coverage.

Lemonade, a tech-first insurance company, has launched its renters insurance product in Delaware, offering digital coverage starting at $5 per month. The product is about 30% cheaper than average nationwide policies and allows customers to manage quotes, purchases, and claims through an app. This expansion marks a significant step in Lemonade's US growth, providing renters with flexible, fast, and easy-to-understand insurance options. The company serves over 3 million customers and emphasizes social impact through its Giveback program.