Lemonade Could Grow 100 Times and Still Be Smaller Than State Farm

·2 min read

Last week, Lemonade (NYSE: LMND) CEO Daniel Schreiber went on the Motley Fool's Industry Focus podcast. Lemonade chose to start with renters insurance because it's cheap and the company can work its way up from there. The big difference between Lemonade and other insurance technology companies is that the others are pure plays on one type of insurance.

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