Lemonade, the tech-first insurance company, has launched its renters insurance product in Delaware as part of its continued expansion across the United States.
The move brings the firm’s fully digital coverage to renters in the state, strengthening its national footprint.
The renters product is designed to protect tenants’ personal belongings while offering a simplified, app-based insurance experience.
Policies start from $5 per month and are structured to give customers flexibility over coverage levels and deductibles, allowing them to tailor protection to their budget and lifestyle. The company said its renters insurance is around 30% cheaper than the average US policy, based on industry and internal data.
Customers in Delaware can obtain a quote, purchase cover, make policy changes and submit claims directly through the Lemonade app. The company’s platform is designed to deliver quotes in minutes, with nearly half of claims processed instantly, according to its own figures.
Lemonade said the expansion marks a further step in its US growth strategy.
“Delaware marks a significant milestone in our ongoing US expansion,” a Lemonade spokesperson said. “Renters deserve insurance that is not only fast and easy to understand but also tailored to their needs. We are thrilled to introduce our digital-first experience to customers throughout the state.”
The company also highlighted potential savings for customers who bundle policies, install protective devices or choose annual payments instead of monthly billing.
Lemonade said it now serves more than 3m active customers and has received recognition from organisations including Forbes, CNBC and U.S. News & World Report for its renters insurance offering.
With the launch in Delaware, the company continues to expand its US presence, reaching a broader share of the national renters market
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