Lemonade announced this week the expansion of its car insurance product in Indiana.
With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market.
Lemonade’s existing customers in the state already account for hundreds of millions in annual premiums鈥攎aking Indiana a natural fit for the company’s expanding car product, the company said.
Lemonade Car’s sequential in-force premium (IFP) growth outpaced the rest of Lemonade’s book for Q1 2025. Lemonade said in a Q1 shareholder letter that it set a record 29 Car rate and coverage filings during 2024, and nearly as many (24) in Q1 2025 alone.
Topics Auto
Was this article valuable?
Here are more articles you may enjoy.
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
