Lemonade Dwelling Insurance Overview 2021 – Forbes Advisor – Forbes

Lemonade Home Insurance offers the types of coverage you would expect from a standard homeowner policy:

  • Housing coverage pays off to repair and replace your home if it is damaged due to an issue covered by your policy such as a tornado or fire.
  • Covering other structures pays off in repairing and replacing structures not connected to your home, such as B. a fence or a detached garage.
  • Personal property protection pays to repair or replace your personal items in the event of problems such as theft and fire.
  • Liability insurance pays for accidental property damage and injury to others, e.g. B. a guest who is injured on your property. It also includes legal defense if you are sued over a policy-covered incident.
  • Additional coverage for living expenses covers costs such as hotels, meals and other expenses (such as laundry service or animal boarding) if you cannot live in your home due to damage covered by the policy.

Lemonade Insurance sells several types of home insurance, including homeowner, condominium, cooperative, and tenant insurance.

Do you need more liability protection than your home insurance can offer? Umbrella insurance with coverage of up to $ 1 million is available from Lemonade.

The policy add-ons available from Lemonade include additional coverage for expensive items such as musical instruments, jewelry and cameras. Lemonade customers who live in California have earthquake insurance. You may be able to add $ 500, $ 750, or $ 1,000 bed bug coverage.

Lemonade may charge surcharges in certain cases, such as:

  • Have a dangerous dog
  • Multi-family houses according to the number of families living there
  • If you live outside the home due to renovation or construction work
  • Vacancy if the apartment has been vacant for more than 30 days
  • swimming pool
  • Forest fire hazard

Lemonade has a list of prohibited dogs. If you own one of these breeds, you can be sure that you are not eligible for Lemonade Home Insurance: Pit Bulls, Staffordshire Terriers, Doberman Pinschers, Rottweilers, German Shepherds, Chows, Great Danes, Presa Canarios, Akitas, Alaskan Malamutes , Siberian Huskies and Wolf hybrids.

Lemonade Insurance also sells condominiums, and cooperatives pension insurance.

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