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Lemonade Expands Renters Insurance to Kentucky

Source: prnewswire.com

Product LaunchesFintechCompany Fundamentals
Lemonade Expands Renters Insurance to Kentucky

Lemonade announced the launch of renters insurance in Kentucky, with coverage starting at $5 per month. The state expansion broadens the insurer's addressable market and supports its distribution growth strategy, though the release provides no revenue, policy-growth, or profitability targets.

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