Why are peer-reviewed articles more credible?
Articles from scholarly, peer-reviewed, academic, and refereed journals are more credible than articles from popular or trade journals (‘magazines’) because they have gone through the most rigorous review process. They also have the most references or citations.
Is lemonade peer to peer?
Lemonade was the first U.S.-based P2P company to officially announce plans to operate as an insurance carrier. Lemonade currently offers renters, condo and homeowners’ insurance in 26 states and Washington D.C. and is working to add additional states.
Who owns lemonade?
Lemonade was founded by Daniel Schreiber (former president of Powermat Technologies), Shai Wininger (co-founder of Fiverr) and Ty Sagalow, in April 2015. Dan Ariely joined in 2017 as the Chief Behavioral Officer. In December 2015, the company secured $13 million in seed money from Sequoia Capital and Aleph.
Why is lemonade so cheap?
The company takes customer premiums and places them in a central pot, then uses that pot of money to pay out claims to other customers. Because Lemonade isn’t pocketing excess premiums as revenue, it lets the company offer coverage at a lower cost than other insurers.
Who has the cheapest car insurance?
The Three Cheapest Major Car Insurance Companies
| Rank | Company | Six-month Rate |
|---|---|---|
| 1 | USAA* | $215 |
| 2 | Farm Bureau Mutual (IA Group) | $218 |
| 3 | Erie | $226 |
| 4 | Auto-Owners Insurance | $324 |
How can I lower my car insurance premiums?
Nine ways to lower your auto insurance costs
- Shop around.
- Before you buy a car, compare insurance costs.
- Ask for higher deductibles.
- Reduce coverage on older cars.
- Buy your homeowners and auto coverage from the same insurer.
- Maintain a good credit record.
- Take advantage of low mileage discounts.
- Ask about group insurance.
What is a good car insurance rate?
National average car insurance rates are: $1,592 for a good driver with good credit. $2,439 after an at-fault wreck. $2,812 for a good driver with poor credit.