Lemonade Renters Insurance review — rated 4.8/5 from 6,789 reviews. Best for budget-conscious renters in available states who want fast, digital coverage.
The fastest and most affordable renters insurance — sign up in 90 seconds with AI-powered claims and the Giveback program. Lemonade Renters Insurance is offered by Lemonade Inc. and currently holds an average rating of 4.8 out of 5 across 6,789 user reviews. It falls into the Renters Insurance category and tends to be the strongest fit for budget-conscious renters in available states who want fast, digital coverage.
Editorial grade: A (composite score 92/100).
Monthly fee: From $5/month (avg. $16/month). Minimum to open: N/A. Rates and promotional offers change often, so we re-verify every listed number on a rolling schedule and stamp the review with the date of the most recent check.
For this review of Lemonade Renters Insurance, our editors funded an account, walked through the full onboarding flow, and compared the experience to the other products in the Renters Insurance shortlist. Scores are not influenced by affiliate relationships — partners cannot pay for better rankings, and our rubric is the same for every brand.
Read our full editorial methodology and advertiser disclosure for more on how we fund our testing and why that matters for the reviews you read here.