What is the difference between fair market value and actual cash value?

What is the difference between fair market value and actual cash value?

Fair market value is the measure appraisers use to set a price on a piece of property. Actual cash value is an insurance standard that may determine how much the insurer pays you if your house or your car gets damaged. Apr 8, 2019

Who owns Lemonade?

Shai WiningerShai Wininger is the President, CTO, & Co-Founder at Lemonade (NYSE: LMND), a newly licensed insurance company, starting with homeowners and renters in New York. Shai is a veteran tech entrepreneur and inventor, who most recently cofounded Lemonade, the world’s first peer to peer insurance company.

How fast does Lemonade pay claims?

Unlike traditional insurance companies that can take months to pay a claim, Lemonade can pay in as little as three minutes. Dec 30, 2021

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