C
Lemonade Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
727
784
1,511
51.89%
22.80%
2023
600
649
1,249
51.96%
22.83%
2022
307
480
787
60.99%
23.10%
2021
0
2
2
100.00%
22.81%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
15,242
28,632
43,874
65.26%
39.63%
2023
17,420
25,742
43,162
59.64%
36.96%
2022
16,879
22,049
38,928
56.64%
37.07%
2021
18,923
23,017
41,940
54.88%
39.17%
2020
10,902
14,384
25,286
56.89%
35.42%
2019
8,430
7,781
16,211
48.00%
35.34%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
276
482
758
63.59%
45.00%
2023
186
362
548
66.06%
44.64%
2022
76
234
310
75.48%
46.15%
2021
1
0
1
0.00%
46.87%