Lemonade Expands Rental Insurance Business to Hawaii
PR Newswire
32m ago
Ai Focus
Lemonade indicates that renters in Hawaii can now purchase rental insurance through their app, with premiums starting from $5 per month. The company claims that their rental insurance rates are about 30% lower than the national average, and additional discounts can be obtained by bundling policies, installing qualified home safety devices, or choosing to pay annually.
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Hawaii renters can now obtain fast and affordable protection, with premiums starting from just $5 per month.

New York, October 6, 2026 / PRNewswire / -- Technology-driven insurance company Lemonade ( NYSE : LMND ) announced today that its rental insurance has been launched in Hawaii. This expansion allows renters across the state to obtain coverage that fits their lifestyle in a simple and quick manner.

Lemonade Renters offers flexible protection options through its application, allowing tenants to obtain quotes, purchase insurance policies, update existing policies, and submit claims on the same platform. Approximately 40% of claims can be processed immediately, helping tenants get assistance more quickly after experiencing insured losses.

Lemonade, the person in charge of the rental insurance business, Dan Timist said: "We founded Lemonade to eliminate the painful complexity of traditional insurance. We offer simple quotes, instant claims processing, and rates that don't burden people too much. Now, we can also bring these services to renters in Hawaii."

The minimum monthly premium for this insurance is only $5, making it one of the more affordable rental insurance options on the market. According to company and industry data, the rental insurance rates of Lemonade are about 30% lower than the national average in the United States.

Customers may also obtain additional discounts by bundling policies, equipping with eligible home security devices, or choosing to pay on an annual basis.

Lemonade currently serves over 3 million active customers, and its insurance products and customer experience have been recognized by institutions and publications including Forbes, CNBC, and The New York Times.

For a list of states where full rental insurance is available, please visit Lemonade.com.

About Lemonade

Lemonade's mission is to become the world's most beloved insurance company. As a customer-centric technology company, Lemonade has created intelligent, instant, and enjoyable insurance experiences for renting, housing, pets, cars, and life insurance. The company employs over 1,200 people, enabling more than 3 million customers in the United States, the United Kingdom, and Europe to get coverage instantly, with nearly half of claims being settled within seconds.

Driven by artificial intelligence and social impact, Lemonade is an underwriting company that prioritizes technology and is specifically designed for the insurance industry. As a certified Type B enterprise, the company's commitment to social impact is integrated into all aspects of its business; its Giveback program donates a certain percentage of the remaining premiums to non-profit organizations selected by the community, and to date, it has donated over 10 million US dollars to organizations in need.

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