Food, water, shelter, and insurance are life’s necessities. We’d rather not include that last one, but let’s face it. Whether it’s a home burglary or a pipe burst that destroys our property, disaster can strike when we least expect it, and it can happen to anyone. Insurance is our last line of defense to safeguard our valuables in case they’re damaged or lost.

Or at least it’s supposed to be. Insurance companies’ main goal is to make a profit, so they benefit from holding onto your money for as long as possible. If you’re a renter or homeowner, that means you might have to wait for weeks just to get the money you’re owed. Dealing with a lengthy, stressful claim process is the last thing you should deal with after experiencing hardship, especially if you pay thousands in premiums each year.

But it doesn’t have to be this way. Why waste time and money with traditional insurance companies when you can use technology to file your claims? Lemonade uses the power of AI to help you get approved for insurance and reimbursed almost immediately. You can sign up for Lemonade today and enjoy rates as low as $5 per month for renters and $25 per month for homeowners.

All you have to do is sign up for coverage through the mobile app and input your information. Lemonade’s AI algorithms will create a personalized policy just for you, which you can customize further to suit your needs. Filing a claim is just as easy. The AI will ask you several questions about your damaged or stolen item, which you can respond to by video. Lemonade will process your claim once approved, and you’ll receive your reimbursement within minutes.

How is Lemonade able to do this? Traditional companies hold onto your money to make a profit, but Lemonade only takes a small portion of your premiums to pay for operational costs. The rest of the money that goes unclaimed by the end of the year gets placed into a donation pool. Once you’re covered, you can choose a cause you’d like your unclaimed money to go towards. This means Lemonade has zero incentive to hold onto your money, ensuring you get paid as soon as possible.

When it comes to renters and homeowners insurance, you don’t want to be stuck in the past. You deserve to get reimbursed as soon as disaster strikes, not weeks after. Lemonade is the insurance company of the future, using AI to get you paid quickly and affordably. Sign up now and get renters coverage starting as low as $5 and homeowners coverage starting as low as $25.

Note: Select outbound links may include affiliate tracking codes and AndroidGuys may receive compensation for purchases. Read our policy.