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Lemonade Auto Insurance
in Auto Insurance from Lemonade Inc.
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Lemonade Auto Insurance

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Highlights
Financial Strength Rating A-

Lemonade Auto Insurance Review

Lemonade Inc. is a car insurance carrier based in New York, NY. The insurance company was founded in 2015 and offers car insurance in 3 states in the USA.

If you're considering whether Lemonade Auto Insurance is a good option for you, read on.

Lemonade Auto Insurance Pros & Cons
Pros Cons
  • 24/7 Phone availability
  • Free policy cancellation
  • Digital claims reporting
  • Free Policy Cancellation
  • Emergency roadside assistance
  • Rental car coverage
  • No locally available agents
  • No accident forgiveness
  • No ridesharing coverage
  • No transport trailer coverage
  • No travel expenses or trip interruption coverage
  • Does not offer many vehicle equipment discounts
Lemonade Auto Insurance FAQ

What are the minimum and maximum liability coverage options available?

Policyholders can request a liability coverage of $25,000 to $500,000.

What is the minimum and maximum deductible you can choose for a policy?

Adding a deductible to your insurance policy can reduce your premium. Lemonade Auto Insurance offers deductibles of $250 to $2,000

What types of car insurance coverage options does Lemonade Auto Insurance offer?

Although we often talk about car insurance in the singular, it really includes several types of coverage options. Lemonade Auto Insurance offers the following types of car insurance coverage options:

  • Bodily Injury Coverage: This insurance pays for your legal defense and for the costs associated with injuries to other people involved in an accident. 
  • Property Damage Coverage: Usually, this insurance will look after the property damage you cause to another vehicle or property when at fault in an accident.
  • Uninsured Motorist Coverage: The uninsured motorist rider covers the damages caused by a negligent driver who doesn't have an insurance policy.
  • Underinsured Motorist Coverage: This covers the damages caused by a driver who is at-fault but whose liability limits don't cover all the property damages and medical expenses of the accident.
  • Collision Coverage: Collision coverage is an optional policy that pays for the cost of repairing or replacing your vehicle after an accident. If you have an auto lease, the lender may require you buy collision insurance.
  •  Comprehensive Coverage:If your vehicle is damaged in an event other than a collision, comprehensive coverage will pay for the cost of the repair. Covered events include storms, floods, fire, vandalism, and theft.
  • Medical Payments Coverage: Medical payments insurance covers for the medical costs caused by an accident regardless of who is at fault. Most insurance policies will also cover funeral expenses.
  • Personal Injury Protection: Personal injury protection, also known as PIP, typically covers medical expenses, loss of essential services, funeral services, and loss of income. It is similar to medical payments coverage, or MedPay for short. The difference is that MedPay will only cover for reasonable medical expenses.

Lemonade Auto Insurance customers can also add the following riders or endorsements to their insurance policies:

  • Modified Vehicle Insurance: This coverage, also known as customized parts and equipment coverage, can help repair or replace alterations and upgrades you make to your vehicle. Notice that most car insurance policies will only cover original equipment so you may want to consider this policy if you've invested a lot of money on aftermarket parts and upgrades.
  • Rental Car Coverage: Rental car coverage, also known as rental car reimbursement, pays for the cost of a car rental if you can't drive your vehicle because of a covered loss, such as a car accident, theft, or vandalism.
  • Emergency Roadside Service: Coverage varies by carrier but it typically includes jump starts for dead batteries, labor to change a flat tire, towing, and lockout services.

Does Lemonade Auto Insurance have roadside assistance?

Emergency Roadside Service available. Yes, Lemonade Inc. offers roadside assistance to policyholders. Coverage varies by carrier but it typically includes jump starts for dead batteries, labor to change a flat tire, towing, and lockout services.

Does Lemonade Auto Insurance offer ridesharing insurance?

No, Lemonade Auto Insurance does not offer ridesharing coverage as a rider or endorsement.

What benefits does Lemonade Auto Insurance offer?

Lemonade Auto Insurance offers the following benefits to its customers:

  • 24/7 Phone Availability: Customer service is staffed around the clock.
  • Free Policy Cancellation: No cancellation fees for ending your policy early.
  • Digital Claims Reporting: Never fax or mail a document again.
  • Mechanical / Auto Body Repair Network: Enjoy the competitive prices and peace of mind of having access to a network of service and repair shops.

What insurance discounts does Lemonade Auto Insurance offer?

When you ask for an insurance quote with Lemonade Auto Insurance, make sure you ask for all the insurance discounts you qualify for. These are the insurance discounts currently available that are specific to car insurance.
  • Alternative Fuel / Hybrid: For some reason, possibly because they drive fewer miles, people who own hybrids or alternative fuel vehicles pose a lower insurance risk. If your car is green, make sure you earn the rewards.
  • Telematics Device (Usage-Based Insurance): You can qualify for an insurance discount if you agree to install a sensor that records your driving habits.

Want more insurance discounts? Check the insurance discounts tab for a full list of general policy insurance discounts you can qualify for with Lemonade Auto Insurance.

Ways to pay my Lemonade Auto Insurance

Lemonade Inc. allows policyholders to pay their premiums using the following methods:
  • Automatic Payments
  • Credit/Debit Card

How does Lemonade Inc. calculate insurance rates?

Car insurance companies guard their risk-assessment algorithms as a trade secret, and Lemonade Inc. is no exception. However, you can be confident that Lemonade Auto Insurance will take into consideration your driving record, age, gender, marital status, and address.

Other factors it will take into consideration are your vehicle (make and model), insurance history, and how you use your car.

Does Lemonade Auto Insurance use your credit score?

It is safe to assume that, when legal, a car insurance company will use your credit score as a rating factor. There are two exceptions.

  1. If you live in California, Hawaii, or Massachusetts, a car insurance company is not allowed to use your credit report as a rating factor.
  2. There are also a handful of car insurance companies that base their insurance rates exclusively on telematic data. These companies collect information on your driving behavior and use it to determine the risk you pose as a driver.

How can I get a Lemonade Auto Insurance insurance quote

  • Visit the Lemonade Inc. website.
  • Fill out the insurance online quote application form. You will typically need to provide personal information, such as your name, vehicle, driver's license, and address.
  • Check the information is accurate and submit your application.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Our Editor

Using the personalized data collected by our app, we calculate and track the CO2 generated by each of our customers’ cars, factoring in car model, year, and miles driven. We then work with nonprofits and fund tree planting to help compensate, over time, for these emissions. Planting trees helps reverse deforestation, which by itself accounts for 15% of CO2 emissions. But trees are not the only way we and our customers will make an impact. Lemonade takes a flat fee and treats the rest of the money as our customers’, not ours. We use it to pay claims, and give what’s left to charities customers choose, so we never fight over the same coin. We give back unclaimed money to the charities our drivers chose as part of our annual Giveback.

Availability

  Available in 3 states
  • Illinois
  • Ohio
  • Tennessee

Feature Breakdown

Policy Discounts
  • Good Student
  • Homeowner
  • Multiple Policy
  • Paperless Billing / e-billing
  • Higher Deductibles
Vehicle and Equipment Discounts
  • Alternative Fuel / Hybrid
  • Telematics Device (UBI)
Liability Vehicle Insurance
  • Bodily Injury Coverage
  • Property Damage Coverage
  • Underinsured Motorist
  • Uninsured Motorist
Max/Min Deductibles $250 - $2,000
Medical Vehicle Insurance
  • Medical Payments Coverage
  • Personal Injury Protection
Min/Max Liability Coverage $25,000 - $500,000
Vehicle Coverages
  • Comprehensive
  • Collision
Financial Strength Rating A-
Carrier Features
  • 24/7 Phone Availability
  • Free Policy Cancellation
  • Digital Claims Reporting
  • Mechanical / Auto Body Repair Network
  • Paperless Billing
  • Mobile Claims App
Payment Options
  • Automatic Payments
  • Credit/Debit Card

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