[1123581321]

It’s unlikely the estimate varied much from what other insurers would offer you, assuming you were comparing the same building materials and coverage. If Lemonade were so expensive, their loss ratio from the S-1 would be much better and they’d have fewer customers.

(Anecdotally, they are offering me about 95% of what I pay Geico for similar coverage, and without the auto insurance discount.)

[phonon]

Renter's insurance doesn't cover the building.

[1123581321]

Right, which means I was quoting homeowner’s insurance. Renter’s insurance is priced closer to the possessions replacement portion of homeowner’s.