Lemonade Pet Insurance Review 2024: Pros, Cons & Verdict

 


Lemonade provides pet insurance for unforeseen moments in your pet’s life. Like many pet insurance companies, Lemonade offers affordable policies for puppies, kittens, adult dogs, cats, and every age in between.

However, Lemonade’s options are what set it apart—you can keep the cost lower by selecting Accident and Illness only or add Preventative packages for a more complete coverage option. You can also choose your annual deductible, co-insurance, and maximum yearly limit to best suit your situation.

Lemonade’s business model is a little different than most insurance companies. With their Giveback program, unclaimed portions of premiums go towards supporting non-profits.

About Lemonade

If you’ve recently welcomed a new furry friend home, you probably purchased all the predictable things, like food dishes, collars, toys, leashes, and more – but what about preparing yourself (and your pet) for the unpredictable? That’s where Lemonade pet insurance comes in.

Lemonade’s policies cover dogs and cats from eight weeks old. Lemonade provides Accident and Illness coverage in a Base plan For the extras, their Preventative Care packages and add-ons can help cover the rest (with some exceptions).

Lemonade is great for pet owners in 37 US States (and Washington DC) but isn’t available everywhere just yet, though they’re working to expand into the remaining 13 states.

Lemonade is a certified B Corp and Public Benefit Corporation and insists they’re taking the insurance world from “a necessary evil and turning it into a social good”.

The Lemonade Giveback and their unique business model works a little like this. Upon signing up, policyholders can pick a non-profit of your choice, and at the end of the year, unclaimed money goes to the charities policyholders choose. Lemonade takes a portion of it to cover insurance costs, but the rest moves to your chosen charitable bank account, doing great things.

Since 2017, Lemonade’s Giveback business model has given over $8,000,000 to non-profits and charities.

Post a Comment

0 Comments