The global pet insurance market is anticipated to reach a value of more than $16 billion by 2030, with a projected compound annual growth rate of 14.3%, according to Allied Market Research. (Credit: Justyna/Adobe Stock) The global pet insurance market is anticipated to reach a value of more than $16 billion by 2030, with a projected compound annual growth rate of 14.3%, according to Allied Market Research. (Credit: Justyna/Adobe Stock)

Lemonade, Inc. is extending into Massachusetts with its pet insurance lines, which account for 15% of the company's broader book of business, the insurtech tells PropertyCasualty360.com. The company now offers its pet lines, which exclusively cover dogs and cats, in 37 states.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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