Lemonade expands homeowners insurance offering in France

15/04/2024 News

Lemonade, the digital insurance company, has expanded its offerings in France by introducing Homeowners insurance in partnership with BNP Paribas Cardif. This collaboration enables millions of homeowners to access comprehensive coverage through Lemonade's user-friendly platform.

Daniel Schreiber, Lemonade's CEO, highlighted the company's rapid growth in Europe and its transition to a multi-line insurer. The partnership with BNP Paribas Cardif, which began with renters insurance, has now evolved to include homeowners insurance, leveraging BNP Paribas Cardif's expertise and Lemonade's digital approach.

The Homeowners insurance, available through Lemonade's app starting at 10 euros per month, offers standard coverage for fire, water damage, and civil liability. Additionally, customers can opt for add-ons like School Insurance for children's coverage during activities, Legal Protection for dispute resolution, and Theft Outside the Home coverage.

This expansion signifies Lemonade's commitment to providing innovative insurance solutions tailored for the French market. With its seamless digital experience and comprehensive coverage options, Lemonade continues to revolutionize the insurance industry with AI-driven solutions, enhancing accessibility and convenience for customers.

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