Lemonade Renters Insurance Average Cost at Car Insurance

Lemonade Renters Insurance Average Cost. At the absolute basic level, renters insurance from lemonade starts from just $5 per month, but the average price paid by most customers is closer to $15 per month. For a home insurance policy with a $400,000 limit, lemonade offered an annual rate that was lower than its competitors' average by $344, which results in savings of $29 per month.

Cheapest Renters Insurance Companies Of 2022 - Valuepenguin
Cheapest Renters Insurance Companies Of 2022 - Valuepenguin from www.valuepenguin.com

Coverage starts as low as $5/month. However, keep in mind that there are some limitations and exclusions to be aware of before obtaining coverage. One downside of lemonade insurance is its relative lack of available discounts.

Cheapest Renters Insurance Companies Of 2022 - Valuepenguin

Coverage starts as low as $5/month. The cost of renters insurance is based both on the state you live in and on the specific coverage that you choose. With that said, the highest average renters insurance premium is only $21.50 per month. Most policies require a minimum of $100,000 in liability coverage.