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Most Drivers Are Overpaying. Lemonade CEO Says Two-Thirds Subsidize the Highest-Mileage Third.

Source: 247wallst.com

FintechConsumer Demand & Retail
Most Drivers Are Overpaying. Lemonade CEO Says Two-Thirds Subsidize the Highest-Mileage Third.

Lemonade CEO Daniel Schreiber said most of the roughly 230 million licensed U.S. drivers are overpaying for auto insurance. The statement positions the insurtech company as a potential lower-cost alternative, but the article provides no pricing, growth, or financial figures.

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