New York-based online insurance company Lemonade has partnered with peer-to-peer rental accommodation marketplace Roomi, in a bid to offer the latter's customers rental insurance. Lemonade is available in 11 US states and licensed in a further 17, while Roomi's app is available in the US and Canada, and the company claims to have more than 1.1 million registered users. The move comes as the number of people renting out their homes for short periods of time continues to grow.
New York-based online insurance company Lemonade has partnered with peer-to-peer rental accommodation marketplace Roomi, in a bid to offer the latter's customers rental insurance. Lemonade is available in 11 US states and licensed in a further 17, while Roomi's app is available in the US and Canada, and the company claims to have more than 1.1 million registered users. Lemonade providers renters insurance for a flat fee and uses technology to help pay claims in a speedy fashion.