Lemonade launches affordable renters insurance in Louisiana starting at $5/month with a fully digital experience.

Lemonade, a tech-first insurance company, has expanded its renters insurance product to Louisiana, offering coverage starting at $5 per month. The service is fully digital, allowing residents to get quotes, buy policies, and file claims through a mobile app, with nearly 40% of claims processed instantly. Lemonade's renters insurance is about 30% cheaper than the U.S. average, providing affordable, customizable protection. This expansion marks another step in Lemonade's nationwide growth, now serving over 3 million customers across the U.S., UK, and Europe.