Lemonade Insurance Company
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Scope / products - Personal lines homeowners: HO3 and HO6 (condo) written by Lemonade Insurance Company, with state availability limited (not all states; currently ~23 for homeowners as per marketing materials). Policies are direct-to-consumer but Lemonade also distributes through selected agents/aggregators who receive an abbreviated underwriting guide and tip sheet. Preferred / target risks (implied from appetite tools and non‑preferred list) - Owner‑occupied primary or secondary single‑family dwellings or eligible condos. - Standard construction, well‑maintained properties with no significant prior losses and acceptable insurance scores. - Homes not exposed to major CAT‑driven weather concentrations; Lemonade notes that underwriting guidelines restrict homes in high weather‑risk areas, and has actively non‑renewed or declined in certain CAT‑exposed regions (e.g., parts of TX/CO/CA) based on internal models and scores. Non‑preferred / avoid – HO3 & HO6 (from Lemonade Underwriting Positions) Occupancy & usage - Properties that are NOT owner‑occupied (including tenant‑occupied), vacant, under construction, for sale, or in foreclosure. - Properties owned by an LLC or used for business purposes. - Short‑term or rental use: homeowner properties rented out for more than 7 days per year. - 5+ unit multi‑family homes, or properties with more than one family in a unit. - Properties hosting more than one roomer/boarder. Home type / construction - Container homes, mobile homes, trailer homes, modular/manufactured homes, house trailers, log homes, and farms. - Dwellings listed on a State or National Register of Historic Places. - Dwellings built near water, over water, or on an open foundation. - Homes with overhanging trees. (Internal underwriting positions document notes that this is an "abbreviated and not exhaustive" list; other risk characteristics, especially related to condition—roof, plumbing, wildfire exposure, etc.—are managed via separate guidelines and inspection rules that may trigger non‑renewal.) Coverage structure / general rules (from agent tip sheet and public HO materials) - Forms: HO3 and HO6. - Property limits: personal property generally targeted at a minimum percentage of Coverage A (HO3) as a guideline; Extra Coverage endorsement available for higher‑value items like jewelry, bikes, cameras, fine art, and instruments. - Liability: personal liability typically available up to $500,000; umbrella mentioned as necessary above that level (not available in all jurisdictions). - Loss of use: typically around 30% of Coverage A as a rule of thumb. Geographic & CAT / capacity notes - Homeowners offered only in a defined subset of states; not nationwide. - Lemonade publicly acknowledges underwriting guidelines that prevent coverage of homes in areas with "significant exposure to weather‑related catastrophes"; internal guidelines use proprietary CAT and hazard scoring (e.g., wildfire, convective storm, hail, etc.) and may result in new‑business declines or non‑renewals even for existing policyholders. - Third‑party and regulatory materials show active use of non‑renewal for roofs, older plumbing, wildfire scores, and similar condition/CAT issues; specifics are not fully detailed in public guides and should be assumed to be controlled by internal scoring rules and post‑bind inspections. Submission / eligibility process - Primary submission path is via Lemonade app/website direct to consumer; agents using Lemonade’s distribution platform follow the same data capture flow. - Risk selection is largely automated via Lemonade’s AI front‑end with real‑time eligibility checks; properties outside appetite (e.g., non‑owner‑occupied, ineligible construction types, excessive rental use, or high CAT/condition risk) are declined or later non‑renewed per internal rules. - Applicants with low insurance scores may face more restrictive eligibility or pricing per underwriting positions document. Broker / producer notes (from Agent Tip Sheet) - Independent agents and partners receive a concise tip sheet that reiterates coverage ranges and high‑level eligibility rules and directs questions to a central email contact (agents@lemonade.com). - Guidance emphasizes that state‑specific variations apply and that the tip sheet and underwriting positions are overarching; final acceptability is determined by Lemonade’s automated underwriting and internal rules. Operational takeaways for placing business - Focus Lemonade HO3/HO6 on clean, owner‑occupied, standard‑construction dwellings/condos with no business use, no more than a single family per unit, and minimal rental/short‑term rental exposure. - Avoid submissions where the dwelling is historic, manufactured/mobile, farm, over or very near water, built on open foundations, or has significant tree overhang. - Expect heightened scrutiny and possible decline/non‑renewal in high‑CAT areas (wildfire, hail, severe convective storm, coastal exposures) and for older or higher‑risk roofs/plumbing; confirm alternatives for such risks. - Treat the published underwriting positions as minimum screening; internal rules are broader, so even technically compliant risks can be rejected by the automated system based on scorecarding or inspections.