Get Homeowners Insurance From Lemonade for $25/Mo

Owning a home comes with all sorts of expenses — from yard maintenance to taxes — all of which can get really expensive. And unfortunately, a lot of them are out of your control. Except for this one: your homeowners insurance.

If you have a mortgage on your home, you’re likely required to have homeowners insurance, but an insurance company called Lemonade wants to make sure you’re not overpaying or paying for too much coverage.

Lemonade is a totally digital insurance company — powered by AI — meaning you can fill out your information, get your detailed quote and purchase your policy before your morning coffee even gets cold.

Make Sure Your Home is Protected in Less Than 5 Minutes

Buying homeowners insurance doesn’t have to suck. By getting your policy online, you’ll eliminate the most annoying parts of getting covered. No more filling out 10 forms or fielding calls from a dozen insurance agents to get the best price. And even better: No more hidden costs, upcharges or confusing line items.

When you take five minutes to answer questions about your home — things like square footage and safety features — you’ll get a detailed quote from Lemonade at their best rate. You can see what’s covered, what’s not and where your discounts are coming from.

Policies start at $25 a month and can go into effect as soon as tomorrow. Procrastinators, rejoice!

If you want to add more coverage for items like your grandmother’s pearls, a bike or a treasured piece of art, you can do that, too. Your policy is customizable, so you can get exactly what you need — no more, no less.

What Happens When You Actually Need to Use Your Insurance?

The last thing you need when your water heater blows up or a tree lands in your living room is a nightmare customer service experience with your homeowners insurance.

With Lemonade, all claims are handled through its app, and some can be  paid out instantly. Yep — right when you need the money to replace a window, it’s on it’s way. There’s a reason why the Lemonade app has a 4.8/5 rating on ConsumerAffairs, Google Play and the App Store.

And if you don’t file any claims, your money isn’t going into the pockets of investors. Lemonade will donate your unused claim money to the charity of your choice.

So if you need homeowners insurance or want to save money with a new policy, get started here by answering a few questions about your home. In just a few minutes, you could be paying as little as $25 a month to protect the biggest purchase of your life.

Kari Faber is a staff writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.