Lemonade Insurance Full Review - What you need to know

In this video I do a real live quote for my home insurance as well as renters insurance to show you how competitive or not competitive their prices are. You have to watch this. I was shocked! If you are asking, is lemonade insurance legit or how does lemonade insurance work, this is for you.

#lemonadeinsurance #lmnd

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DISCLAIMER:
Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.

This video and description contain affiliate links, which means that if you click on one of the product links, I will receive a small commission. This helps support the channel and allows me to continue to make videos like this. Thank you for the support! Car insurance advice, car insurance, auto insurance, home insurance, homeowner’s insurance

[edwinng]

This video is very helpful especially for investors living in overseas.
Hope to see more videos from you 😊Thank you Mark!

[EddieMao]

good review, now I have a better understanding of LMND

[couponuser]

The other thing I noticed (unless I missed it) it didn't ask about the condition of your roof. That is a major factor in calculating premium. And for the renter's quote, it never asked if an additional interest is required. There's a lot of landlords that require that on documentation.

[kinlee]

Tried two weeks ago. 30% less compared to Mercury insurance for my house in Los Angeles.

[MyInfotainmentFix]

They just launched in Germany & Netherlands. I Checked renters insurance in my area and their quote is higher than my current insurance.

[lordvoldemort]

would love to see this done again roughly 1 year later as the algorithm improves!

[tomleighton]

Their prices are actually quite reasonable based on what I've been quoted. 40K of personal property for renters insurance isn't that high, especially in large, expensive cities.

[lindaday]

Hi Mark, I get what you are saying about the liability of $100, 000 being the default. I work in property management and $100, 000 is all that we require for renter's insurance. The resident can increase their limit as you illustrated. We filed one claim with them for a resident that had a small kitchen fire. We sent pictures of the damage and invoices from vendors for replacement and they paid promptly. It was the easiest claim we have filed to date. Keep up the good work.

[halcyongrey]

Thank you for this, super informative!

[yh]

I had usaa $1800 and dropped to $1200 when I switch to Lemonade. Comparable coverage.

[borgejohnsen]

Thank you for a great and very informative video! 😃👍

[dollas]

Well done. Great review. The AI supposedly gets better over time. Could you do this exercise one more time today and see if there was a difference from when you made this video ten months ago? Thanks!

[javaman]

At an apartment I was renting from 2017 to 2021, they required us to us their selected insurance company for the rental policy for damage coverage and liability. Started at $16 per month for $100k liability, but after two years they increased the requirement to $300k liability, which increased the premium to $24 per month. That didn't renter's insurance policy didn't cover any of my personal items, so I had a separate renter's insurance policy for that, which required it's own liability coverage.

[gia]

I have lemonade insurance for renter insurance they take could care of me so well especially when my place get torch. The adjuster that handle me is very caring and attentive of what i need. No complaint at all

[HelloAgent]

Great video. I currently have State Farm and did renters quote for the same coverage (minus $700 for personal coverage), everything else the same and I'd be saving over $6/monthly. Oh, and I am also getting water damage, something I did not have with SF. I am highly considering it. However, after your video, I am considering Personal Liability now.

[kairong]

Do a review 1 year later and see if their AI improved. Thank you

[rafaelribeirodovalle]

A clear and usefull information for everybody!

[khabibpogosyan]

Hi! Thank you for your video. You have been living in NYC more than 5 years and I never heard of rental insurance. I am paying rent - $1200 (for room, hello!), and I am glad that I am not paying for this f... rental insurance. Unfortunately I am moving to another state and landlord requires me to buy it, so I will buy it cheap. How much money insurance companies make and their CEO, billions in salaries and stocks. Why renters should suffer?

[ginasikes]

Thanks for this video. I have been shopping for car and home insurance. I figured Lemonade was too good to be true.

[janetb]

i have Lemonade insurance for over four years, well 2022 the pipes burst in my building i'm on the fourth floor, the pipes burst on the fifth floor since 12/24/2022 i have been going back and fourth with them about the damage and living situation with no results, finally i explaining my all this and letting them know they can contact my management i'm cancelling them!