Lemonade (LMND) announced the launch of Lemonade Car in Indiana, which it says marks “the latest step in the company’s expanding U.S. footprint.” The company added: “Drivers across the state can now access Lemonade’s full suite of insurance products-all built for the digital age. As laid out in recent quarterly results and at Investor Day, Lemonade Car is a key growth driver in the company’s strategy. Q1 2025 marked the first quarter where Car’s sequential in-force premium growth outpaced the rest of Lemonade’s book-underscoring its accelerating momentum. Following the recent launch in Colorado, Indiana is the next step in a series of state rollouts planned for 2025. With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market.”
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