02-08-2017 19:29 via insuranceinsider.com

Lemonade expands into New Jersey property market

Online property carrier Lemonade has expanded its operations
into New Jersey, adding a fourth state to the startup's
territorial roster.
Since it began doing business in September, the New York-based
insurer has expanded throughout the Empire State and moved into
California and Illinois as well.
Lemonade provides homeowners and renter insurance with rates
that are derived partly from the use of artificial intelligence
computer programmes and behavioral economics. The company has
licences to oper
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