
Lemonade has launched renters insurance in Maine, offering coverage starting at $5 per month through an easy-to-use app. The service provides fast quotes, policy management, and claims filing, with about 40% of claims handled instantly. Lemonade's rates are roughly 30% below the national average, making it an affordable option for renters. This expansion aims to simplify insurance for Maine renters and is part of Lemonade's broader mission to provide tech-driven, customer-friendly insurance solutions.