Lemonade vs Trupanion

Lemonade

Trupanion

Pet insuranceLast verified Oct 1, 2026

Verified facts for Lemonade and Trupanion, side by side
Field	Lemonade	Trupanion
FoundedDiffers	2015Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30	2000Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30
HeadquartersDiffers	New York, New YorkSource: Lemonadeverified 2026-09-30	Seattle, WashingtonSource: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30
Insurance productsDiffers	auto homeowners renters life pet Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30	pet Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30
Underwritten byDiffers	Legal & General Group (term life, via partnership)Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30	American Pet Insurance Company (APIC)Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30
States availableDiffers	Licensed in 50 states and Washington, D.C.; operating in 41 of those states and Washington, D.C. as of December 31, 2025Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30	all 50 states, the District of Columbia and Puerto RicoSource: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30
States available, petUnknown on one side	AL AZ AR CA CO CT DE DC FL GA HI IL IN IA KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WI Source: Lemonadeverified 2026-09-30	Not verified
Coverage typesDiffers	personal property crime and vandalism coverage water damage coverage fire and smoke protection liability coverage medical expenses loss of use coverage Source: Lemonadeverified 2026-09-30	New, unexpected illnesses and injuries Surgeries, diagnostic tests, and dental Behavioral and physical therapy Source: Trupanionverified 2026-10-01
Waiting periodsDiffers	2 days for accidents 14 days for illnesses 30 days for orthopedic conditions 6 months for cruciate ligament events Source: Lemonadeverified 2026-09-30	five-day waiting period for injuries and a 30-day waiting period for illnessesSource: Trupanionverified 2026-10-01
Age restrictionsUnknown on one side	Not verified	all cats and dogs under 14 years of age are eligible to enrollSource: Trupanionverified 2026-10-01
Eligibility notesUnknown on one side	Not verified	dogs and cats only, no breed restrictions; owner must live in the United States, Canada or Puerto Rico, or at any US military base worldwideSource: Trupanionverified 2026-10-01
How to get a quoteDiffers	online mobile app Source: Lemonadeverified 2026-09-30	online Source: Trupanionverified 2026-10-01
How to file a claimDiffers	mobile app Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30	direct payment to the veterinary hospital via Trupanion software Source: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30
Customer service channelsDiffers	mobile app website Source: Lemonadeverified 2026-09-30	phone email live chat Source: Trupanionverified 2026-10-01
Notable limitationsDiffers	Pet policies do not cover pre-existing conditions, dental care, elective surgeries not related to an accident/illness, or anything resulting from the policyholder's neglect Renters and homeowners policies do not cover dog bites if the dog has a history of biting or is categorized as high-risk Source: Lemonadeverified 2026-09-30	vet exam fees and taxes are not included in the policy wellness and routine care fall outside of coverage pre-existing conditions are not eligible for coverage preventable conditions, such as certain parasites and dental problems that arise from missed routine cleanings, are excluded Source: Trupanionverified 2026-10-01
Financial strength ratingsUnknown on one side	Demotech, Inc. Financial Stability Rating of A Exceptional for Lemonade Insurance CompanySource: U.S. Securities and Exchange Commission (EDGAR)verified 2026-09-30	Not verified

Both companies write pet insurance. Of the fields we have verified for either company, 11 differ and 4 are unverified on at least one side. We do not pick a winner and we do not score either company.

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