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>Maybe it's highly dependent on location, or maybe I'm just way overpaying for renter's insurance.

Or maybe Lemonade is like many other "tech" companies, and is selling their product below costs in the hopes of growing into profits. From a consumer standpoint, gambling with your insurance in such a manner is scary.

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> Or maybe Lemonade is like many other "tech" companies, and is selling their product below costs in the hopes of growing into profits.

This is exactly what they're doing. Take a look at their losses from claims. Brilliant marketing though, especially for an insurance company.

Given the relatively small size of their book, a few outlier claims can destroy all their economics. It should regulate over time.

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