ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Lemonade Continues U.S. Expansion With Launch of Car Insurance in Indiana

Hoosier drivers can now access tech-powered coverage built for today’s world

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Indiana, marking the latest step in the company’s expanding U.S. footprint. Drivers across the state can now access Lemonade’s full suite of insurance products—all built for the digital age.

As laid out in recent quarterly results and at Investor Day, Lemonade Car is a key growth driver in the company’s strategy. Q1 2025 marked the first quarter where Car’s sequential in-force premium (IFP) growth outpaced the rest of Lemonade’s book—underscoring its accelerating momentum.

Following the recent launch in Colorado, Indiana is the next step in a series of state rollouts planned for 2025. With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market. Hoosiers spend an estimated $5 billion annually on car insurance, and Lemonade’s existing customers in the state already account for hundreds of millions in annual premiums—making Indiana a natural fit for the company’s expanding car product.

“Car insurance hasn’t kept up with how people actually drive today,” said Daniel Schreiber, co-founder and CEO at Lemonade. “With Lemonade Car, we’re using tech to change that—making coverage fairer, simpler, and smarter. Expanding into Indiana is both a strategic milestone and a natural next step for us. With our full suite of products now available in the state, we can offer bundled pricing and smart insurance tailored for tech-savvy Hoosiers.”

To explore more insights on how Gen Z is reshaping driving habits—and what that means for modern car insurance—check out Lemonade’s research: “The Gen Z Driving Shift You Didn’t See Coming.”

Lemonade also created a guide to help drivers navigate their insurance options, breaking down what’s required and what’s recommended when hitting the road in the Hoosier State. You can check it out here or get started with a quote in minutes at lemonade.com/car.

About Lemonade

Lemonade offers renters, homeowners, car, pet, and life insurance. Powered by artificial intelligence and driven by social impact, Lemonade replaces brokers and bureaucracy with bots and machine learning—delivering zero paperwork and instant everything. A Certified B-Corp, Lemonade donates unused premiums to nonprofits selected by its community, as part of its annual Giveback program. Lemonade is available in the United States, Germany, the Netherlands, France, and the UK, and continues to expand globally.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.