Q: What is the typical cost of Lemonade pet insurance?

Lemonade's pet insurance starts at $12/month (you get a 10% discount if you're an existing customer). However, you'll probably pay significantly more than that. Pricing will vary wildly depending on the following: Whether you have a cat or dog (while cats live longer than dogs, they're generally cheaper to insure since they are less prone to sickness, injury and medical issues) Your state (since vet care costs vary state to state - California is much more expensive than average, for example) The age of your pet Its breed (certain breeds are more prone to certain medical issues) Gender Your pets medical history To answer the question of whether Lemonade pet insurance is good value, the answer appears to be a resounding yes. In comparing their quotes to other pet insurers, Lemonade's quotes were often significantly lower than other companies in a lot of cases. You are welcome to (and should) get quotes from other pet insurers. There's a good chance you'll find Lemonade is the cheapest for your pet.

Q: What's covered and what's not?

First off, you have to know what Lemonade doesn't cover: Pre-existing conditions, of course Dental care (unless tooth damage is caused by an accident -- if it's ordinary tooth decay that has to be treated, for example, it won't be covered) Claims where the pet was neglected Things not relating to illness (grooming, microchipping etc.) But everything else that's important is covered: Diagnostics (blood tests, urinalysis, x-rays etc.) Procedures (hospitalization, surgery etc.) Medication (injections and prescription meds) Accidents Illness

Question 1

What is the typical cost of Lemonade pet insurance?

Accepted Answer

Lemonade's pet insurance starts at $12/month (you get a 10% discount if you're an existing customer). However, you'll probably pay significantly more than that. Pricing will vary wildly depending on the following:

Whether you have a cat or dog (while cats live longer than dogs, they're generally cheaper to insure since they are less prone to sickness, injury and medical issues)
Your state (since vet care costs vary state to state - California is much more expensive than average, for example)
The age of your pet
Its breed (certain breeds are more prone to certain medical issues)
Gender
Your pets medical history

To answer the question of whether Lemonade pet insurance is good value, the answer appears to be a resounding yes. In comparing their quotes to other pet insurers, Lemonade's quotes were often significantly lower than other companies in a lot of cases. You are welcome to (and should) get quotes from other pet insurers. There's a good chance you'll find Lemonade is the cheapest for your pet.

Question 2

What's covered and what's not?

Accepted Answer

First off, you have to know what Lemonade doesn't cover:

Pre-existing conditions, of course
Dental care (unless tooth damage is caused by an accident -- if it's ordinary tooth decay that has to be treated, for example, it won't be covered)
Claims where the pet was neglected
Things not relating to illness (grooming, microchipping etc.)

But everything else that's important is covered:

Diagnostics (blood tests, urinalysis, x-rays etc.)
Procedures (hospitalization, surgery etc.)
Medication (injections and prescription meds)
Accidents
Illness

Question 3

What are the alternatives to Lemonade pet insurance?

Accepted Answer

Pet insurance is a very new space, but there are a few other companies that offer it. I consider Lemonade's main competitors to be the following:

Healthy Paws
Embrace
PetPlan

Question 4

Is Lemonade pet insurance recommended?

Accepted Answer

We have done a fair bit of digging into Lemonade and they are definitely a legitimate and highly reputable insurance company, and it looks to us like that their pet insurance is better value than the competition. However, as their pet insurance is such a new offering, it's still too early for us to offer a definitive verdict on it, since we haven't been able to use it for long enough or have enough user comments and reviews on it (if you are a customer of Lemonade's pet insurance, let us know what you think of it). We hope to have compiled a decent number of customer reviews for it by the end of this year.

Question 5

How much does Lemonade donate to animal welfare organizations?

Accepted Answer

Lemonade is a Public-benefic corporation (PBC) and donates a certain portion of its revenue after paying claims to nonprofits that its customer choose, and some of the animal welfare organizations that they donate to are listed above. It is said on their giveback page that they donate up to 40% of unclaimed money to nonprofits that their customers choose. However, as their pet insurance was just launched in 2020, they have not yet donated any money to these organizations yet to the best of my knowledge. On the current giveback 2020 page no animal welfare organizations are listed. Presumably, in 2021 or within the next few months, we'll have some idea of how much Lemonade has given to animal welfare organizations. Also, keep in mind the following:

While Lemonade is a PBC, it's still primarily a for-profit company. They recently became publicly-traded and their primary stakeholder is always going to be shareholders who want a return on their investment
As customers choose what nonprofit to donate unclaimed money to, there's no guarantee that animal welfare organizations will get a significant slice of the pie

OutwitTrade

Lemonade Pet Insurance Review & FAQ

LeadGibbon Review – Good or Bad?

SendFox Review – How Does It Compare To Other Autoresponders?

Virtual Vocations Review – Is It Worth It? And How Does It Compare To FlexJobs?

Italki Review – Why It Rocks For Language Learning

Prep Expert Review & FAQ [IN PROGRESS]

Renogy Company Review, FAQ & Product Rundown

Freelancer.com Review – Here’s Where It Shines And Fails

Mailboxlayer API Review – Here’s What I Think Of It

iMyFone D-Back Review & FAQ