Annual Percentage Rate
An annual percentage rate, aka APR, is the yearly interest rate and extra costs you…
Tag: Homeowners Insurance
Insurance Scores, Explained
Your insurance score is a bit different than your credit score. We'll help you understand…
Trampolines and Your Insurance Policy, Explained
Jump around, jump around-but will your quote be turned down? So, you have homeowners or…
Extra Coverage Documentation Made Simple
Scheduled property coverage (or Extra Coverage, as we call it at Lemonade) requires some simple…
Effective Date
An effective date refers to the exact date and time when your insurance policy will…
Co-op Insurance
Let's take a close look at an HO6 policy. Co-op insurance is protection for you,…
Additional Insured
An additional insured is a person you add to your policy because they live with…
Actual Cash Value
Think of actual cash value as the eBay price of used items. Think of actual…
Open Perils
Open perils is coverage for damages to your property - if something’s not explicitly excluded,…
Uninsurable Peril
An uninsurable peril is an event that your insurance policy won’t cover if it results…