It's easy to see, the pros outweigh the cons and honestly t alat, is that not what you want in a home insurance company? ] What does Lemonade homeowners insure ce Cover?
Coverage for your home
It will cover your home and any secondary structures on your property. This part of your coverage does not include coverage for your personal property or personal liability.
Renovation Cost – Just a general estimate of how much it would cost to rebuild your home and any secondary structures on your property in the event of total damage.
Increased replacement cost – At an additional cost, this extra protection increases your regular home coverage by an additional 25% or 50% (depending on which option you choose ) if the cost of rebuilding your home is higher than expected.
Compensation Cost (RC) – When something in your plan is insured for its compensation cost, a covered claim would be reimbursed for the cost of replacing that item from today, minus your deductible insurance.
Coverage for your belongings
This is the coverage that covers part of your personal property both inside and in some cases outside your home.
When claims are made for items covered, your insurance pays the replacement value for your belongings.
The amount of coverage paid may vary depending on the type of item, the location of the item (at home versus abroad) and the specific type of hazard.
You can add additional coverage for the items below:
- Musical Instruments
- This insurance
covers certain cases of personal injury, personal injury (
If someone is injured in your home and decides to sue you, this part of the coverage will begin.  Cover for lost use
If your house is damaged by a covered loss to the extent that you can not live in it, Lemonade will place you in a nice hotel or similar rental property.
They will also include the cost of living for to get you back on your feet. This part of the insurance has its own maximum limit that you can choose.
These items will have a maximum, you can go up to $ 6,000 in coverage so be careful when considering the cost of all your laptops units electronics.
It covers things like:
Medical payments to others [196590withcuttingyourfingerstobutdonotworryThesemedicalexpensesarecoveredbyyourinsurance
If you have your personal property stored in a self-storage facility, or usually keep it in another place, Lemonades insurance covers you for theft up to a limit of 1 000 USD.
Please note, if you are in NY, CA or CT, their policy only covers your personal property in self-storage units for up to 10% of your coverage C (personal property limit).
Additional insurance options
Some additional insurance options you can choose are:
Loans: Add your mortgagee to your insurance and they will send you your insurance certificate for free.
Spouse: Your spouse is automatically covered by this policy. You can easily add their name if you want
Meaningful other: Stay with your partner? Easily add them to your insurance at an additional cost.
Water Backup: Covers damage caused by water coming out of your sewer or sewer at an additional cost.
What's more covered?
Lemonade also covers other things such as:
Fire & Smoke: Improper Christmas lighting or your attempt at frying can cause some smoke and fire damage. They cover you for both.
Bad weather: Wind, lightning and hail are frightening. You are covered for them all.
Crime and vandalism: Your home is full of things: furniture, clothes, household appliances. Lemonade covers you if any of it is stolen or damaged.
Water damage: Your pipes may feel cold, or your neighbor's bathtub may leak through your roof. Aka, if there is a sudden or accidental water damage you are covered.
Mold: Sometimes water damage can cause side effects such as fungi, bacteria and mold. Even if it is gross, the happy side is that you are covered for up to 5% of your compensation cost for this type of damage. You can add more coverage if you want.
Earthquake Insurance in CA & AR
If you are lucky enough to live in CA or AR, you can actually pay an extra fee and have an earthquake insurance added to your insurance.
Lemonade is one of the few companies offering this option and they want to expand it to more states.
How your deductible will work
This policy has a general deductible and you have the option to deduct deductible ranging from $ 250 up to $ 10,000.
Keep in mind that the lower the deductible, the higher your monthly premium.
The higher the deductible, the more it will cost you when you file a claim. physical damage), medical expenses and property damage incurred by others for whom you or your family members are legally responsible.
Additional coverage is included in all Hippo plans
The best thing about a Hippo insurance is that it comes with all types of of additional coverage, check out what else is covered below:
Loss of use – Covers you for any extra living costs while your home is being repaired; things like food, hotel and storage.
Regulation Coverage – This covers you if a regulation change in your area increases the construction cost when you need to rebuild part of your home.
Water Backup – Covers any damage caused by reserve and flooding of water from sewer or sewer.
9] Je  5 ]  0491653] 0429  – Covers for loss due to theft of jewelry, watches, furs, precious stones and semi-precious stones, the coverage amount depends on the type of insurance you buy.
Improved coverage is also included in all Hippo plans  But wait … There is more, I know it seems tricky, but Hippo has even more improved coverage that is also included in all their plans:
Equipment breakdown – Covers the repair cost for pretty much everything in your home that uses electricity, in the event of an electrical or mechanical breakdown.
This includes things like yours:
- Washer and dryer
- Kitchen appliances
- Water heaters  & TVs
Equipment breakdown protects up to $ 100,000 and the deductible is only $ 500, which is less than the standard deductible for other types of claims. ] Domestic worker – This cover protects you if an employee in the home (such as a babysitter, gardener or babysitter) is injured on your property.
Home office protection  office equipment such as computers and printers for up to $ 10,000. If you work from home, this is a great benefit.
Computers – Laptops and desktops and related storage devices covered up to $ 10,000.
Extra water backup – This doubles your standard water backup protection, and covers up to $ 15,000 for damage caused by reserve and flood water ( Included in Hippo & # 39 ;s plans Ex1tende59 :).
Mortgage Payment Protection – In the event that your home becomes uninhabitable, this coverage provides up to $ 1,500 per month, for up to 12 months, against your mortgage payments ( 59 included in the hippos' plans for our best value and extended protection ) .
Extra jewelry and watches [1965-9042] for $ 0.042, up to $ 0.02 coverage for $ 0.042 USD of jewelry, watches, furs, precious stones and semi-precious stones ( Included in the hippopotamus' extended protection plan ).
3 Different types of deductibles
Your insurance will have 3, these different deductibles are the sum of money you need to pay for a qualified claim before Hippo starts paying.
We describe them below:
Applies to qualified claims that are not a direct result of wind, hail or a named hurricane. Also known as "All Peril Deductible".
Wind Or Hail
Applies to qualified claims that are the direct result of wind or hail damage.
Applies to qualified claims that are the direct result of a named hurricane at the time the loss occurred.
Keep in mind that all of the above deductibles will have different amounts, so remember what amount you need to cover based on how the loss occurred.
Rental properties and holiday home protection
If Hippo insures your primary residence, they can also insure your secondary or holiday home.
This is great if you rent an apartment you are still covered.
Lemonade Insurance offers a very comprehensive plan; but there are some things they do DO NOT cover, such as:
- Flood Damage
- Downhole Damage (in some states)
- Landslides & Mudflow59 Dog Attacks  19659149] The dog breeds they not cover are:
Pit Bulls, Staffordshire Terriers, Doberman Pinschers, Rottweilers, German Shepherds, Chows, Great Danes, Presa Canarios, Akitas, Alaskan Malamutes, Siberian Huskies, Wolfhybry.  I know it does not seem fair to pet parents , but this is largely industry standard.
The average cost of homeowners insurance is about $ 109.00 [109,00] per month. But the main driving force behind your premium is the cost it would take to rebuild your home in the event of a disaster.
This is based on the materials used to build your home, number of rooms, number of floors and many other factors. The location of your home and your personal history with home or rental insurance claims are also taken into account.
Lemonade has made it very easy to compare quotes and review insurance rates online. The best way to find out your cost is to check out our Home Insurance Calculator.
There are a few things to note with a Lemonade policy:
Where is Lemonade Homeowners Insurance Available?
Arizona, California, Colorado, Connecticut, Columbia, Georgia, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Oklahoma , Oregon, Pennsylvania, Tennessee, Texas, Virginia and Wisconsin
Where is Lemonade Rental Insurance Available?
Arizona, Arkansas, California, Colorado, Connecticut, District Of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, Washington and Wisconsin
Where is Lemonade Apartment Insurance Available?  Arizona, California, Colorado, Connecticut, District Of Columbia, Georgia, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, Washington and Wisconsin
Where is Lemonade Pet Insurance Available?
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, District Of Columbia, Georgia, Illinois, Indiana, Iowa, Maryland, Michigan , Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia , Washington and Wisconsin
Where is Lemonade Life Insurance Available?
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Isl and, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming
Where is Lemonade Car Insurance Available?