How is Lemonade insurance different?
How is Lemonade insurance different?
Lemonade was built differently. Instead of profiting from unclaimed premiums, we take a flat fee out of your premium as our profit, and donate whatever money may be left, after paying claims and expenses, to charities (this is called the Lemonade Giveback).
What is premium underwritten?
Gross premiums underwritten means the insurers guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such a guarantee. Jun 9, 2017
Who is Lemonade insurance backed by?
SoftBankLemonade, an insurance company backed by SoftBank, filed documents on Monday for an initial public offering. Jun 8, 2020
