Lemonade announced this week the expansion of its car insurance product in Indiana.
With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market.
Lemonade’s existing customers in the state already account for hundreds of millions in annual premiums—making Indiana a natural fit for the company’s expanding car product, the company said.
Lemonade Car’s sequential in-force premium (IFP) growth outpaced the rest of Lemonade’s book for Q1 2025. Lemonade said in a Q1 shareholder letter that it set a record 29 Car rate and coverage filings during 2024, and nearly as many (24) in Q1 2025 alone.
Topics Auto
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