Lemonade Review
- Coverage starting at as little as $10 per month
- Optional preventive care policy available
- Quick claims payment & easy-to-understand policies
- Live chat with veterinary experts through mobile app
Established in 2015 and based in New York, Lemonade is an insurance company with a socially conscious agenda. It operates as a Benefit Corporation and if its premium-generated earnings surpass a previously established amount, the excess is donated to causes approved by the company's policyholders. Lemonade offers homeowners, renters, and pet insurance.
Up to 90% Vet Bill Reimbursement
24/7 Telehealth Helpline
No Upper Age Limit on Enrollment
Coverage Starting at as Little as $10 per Month
Coverage for Pets of Any Age and Breed
Coverage
Lemonade offers coverage for both cats and dogs, including medical and wellness coverage. They'll even cover diagnostic testing procedures like MRIs and CT scans, as well as specialty care and other optional coverage. And their benefit limits range from $5,000 to $100,000, depending on the policy you choose.
When it comes to deductibles, Lemonade's got you covered there too. You can choose from $100, $250, or $500 annual deductibles. But keep in mind that the lower your deductible, the higher your policy's cost will be. And you'll also need to choose a percentage of co-insurance: 70%, 80%, or 90%. This is the amount Lemonade will reimburse on every vet visit after the deductible is covered.
Their policies are easy to understand and available to review on their website. And if you're worried about navigating the claims process, don't sweat it. Lemonade has a very user-friendly app that lets you submit a claim and get reimbursed in no time. You can even chat live with medical experts through the app.
Pricing
Lemonade Pet Insurance is seriously affordable. We're talking coverage starting as low as $10 per month! And their sample monthly premiums for a 1-year-old male Golden Retriever and a 1-year-old male American Shorthair both in zip code 92683 are $49.75 and $23.25, respectively. That's a steal for such comprehensive coverage.
Plus, if you bundle your pet insurance with your renter's or homeowner's coverage, you'll get a discount.
And don't worry, enrolling in a Lemonade Pet Insurance policy is easy, with waiting periods that are on par with industry standards. They've got a two-day waiting period for accident coverage, a 14-day waiting period for illnesses, and a six-month waiting period for cruciate ligaments.
