Roomi Partners With Lemonade to Offer Renters Insurance

Roomi, a P2P marketplace for room rentals, sublets and roommates, recently announced a partnership with Lemonade to offer renters insurance.

“Lemonade’s ability to make renters insurance so simple is exactly what the Roomi user is looking for. We are thrilled to collaborate with such an innovative company. As studies continue to show, millennials are spending more of their income on electronics, hobbies and clothing than older generations, and since Roomi is dedicated to making renting safer, it was a natural decision to offer our users, who are mostly millennials, an easy solution to protect their belongings” – founder and CEO of Roomi, Ajay Yadav.

Roomi officially launched in 2015 and today has over 1.1 million registered users. Their website and app is available in major cities across the US and Canada. It helps users connect with verified listings and roommates with multiple safety features, like secure in-app messaging and optional background checks. Then users are able to easily book a room and set up secure, online rent payments.

Bottom Line: ROOM8 comes to mind.