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Lemonade Set to Hike Pet Insurance Rates in California
- More than 57,000 pet owners in California will face significant increases in their Lemonade pet insurance premiums after approval from the California Department of Insurance.
- The California Department of Insurance approved a 14% overall rate increase for Lemonade's pet insurance policies.
- The average annual premium for Lemonade pet insurance in California will rise from $710 to $827 following the increase.
- The rate hike will start on November 24, 2024, affecting all new and 57,471 existing policies, driven by inflation and rising veterinary care costs.
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17 Articles
17 Articles
KHQ Right Now+16 Reposted by 16 other sources
Lemonade Set to Hike Pet Insurance Rates in California
More than 57,000 pet owners will see their pet insurance premiums rise sharply following the California Department of Insurance’s approval of substantial rate increases for Lemonade pet insurance policies.
·Spokane, United States
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Total News Sources17
Leaning Left1Leaning Right7Center2Last UpdatedBias Distribution70% Right
Bias Distribution
- 70% of the sources lean Right
70% Right
C 20%
R 70%
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