Lemonade, Inc. (NYSE:LMND) announced on November 4, 2026 that the launch of its renters insurance in Minnesota makes Lemonade Renters the first of its products available in all 50 states and Washington, D.C.

Key Highlights

  • Nationwide availability: Lemonade Renters is now offered in all 50 states and Washington, D.C., following the Minnesota launch.
  • First product nationwide: According to the announcement, Lemonade Renters is the first Lemonade product to reach this coverage footprint.
  • Starting price: Coverage begins at $5 per month, as stated in the release.
  • Customer base: The company disclosed it serves over 3 million customers throughout the U.S., UK, and Europe.
  • Giveback program: Lemonade reported it has donated over $12 million to nonprofits through its Giveback program.
  • Team size: The company disclosed a workforce of more than 1,300 employees, referred to as "Lemonade Makers."

Lemonade Completes State-by-State Renters Insurance Rollout With Minnesota

Lemonade, Inc. announced on November 4, 2026 that it has expanded its renters insurance product to Minnesota, completing availability across all 50 states and Washington, D.C. The company described Lemonade Renters as "the first Lemonade product offered nationwide," according to the press release. Dan Timsit, Head of Renters Insurance at Lemonade, stated: "With Minnesota, that experience is now available to every renter in the country. Our team reached this milestone one state at a time, and we're proud to mark it today."

According to the filing, Lemonade Renters is designed to allow customers to get a quote, purchase a policy, adjust coverage, and file a claim through the Lemonade app or website, without paperwork or a middleman. The company disclosed that renters may lower their premium by bundling with other Lemonade products, adding qualifying home safety devices, or choosing annual billing. The release noted that coverage limits and deductibles may vary by state.

The company also described its broader product lineup, which includes Renters, Home, Pet, Car, and Life insurance. Lemonade disclosed that it is a Certified B-Corp and that its Giveback program, which donates a percentage of leftover premiums to nonprofits selected by its community, has donated over $12 million to organizations in need. The company stated that nearly half of claims are paid in a matter of seconds.

What Was Disclosed

Lemonade announced the completion of its renters insurance rollout to all 50 states and Washington, D.C. with the addition of Minnesota, making it the company's first product available nationwide, with coverage starting at $5 per month.