Lemonade Moves Into Car Insurance

Launched five years ago to sell homeowners and renter's policies, the company has added both term life and pet insurance to its product lineup in the past year. It now plans to add car insurance – Lemonade Car. The company says it will use technology to handle emergencies and speed claims payments. Lemonade said it hopes current customers will bundle their auto coverage with other Lemonade policies.

Source: Insurance Journal