Renters Insurance: PolicyGenius vs. Lemonade


Yesterday, NYC-based digital broker PolicyGenius announced its expansion to renters insurance. The product is delivered in collaboration with Stillwater. Here’s a look at the workflow:


Another thing happened yesterday. Lemonade announced its renters and homeowner’s insurance is now available to folks in NJ, joining those residing in CA, IL and NY. And so, I compared one policy. Only one.



Address: 333 East 102nd Street, New York, NY 10029

Contents: $30K

Jewelry: $3K

Deductible: $250

Personal liability: $300K

Medical payments to others: $2K

Loss of use: $12K


The result: Stillwater was 40% more expensive than Lemonade, all else equal .


Additional screenshots: