Schedule V - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2020

Schedule V - Valuation and Qualifying Accounts

Schedule V - Valuation and Qualifying Accounts

LEMONADE, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

			Additions
	Balance at		Charged to		Charge				Balance at
	beginning		costs and		to other				end of
($in millions)	of period		expenses		accounts		(Deductions)		period
Year Ended December 31, 2020
Valuation allowance for deferred tax assets	$	66.0	$	40.9	$	—	$	—	$	106.9
Allowance for premium receivables	$	0.2	$	2.2	$	—	$	(1.9)	$	0.5
Year Ended December 31, 2019
Valuation allowance for deferred tax assets	$	29.4	$	36.6	$	—	$	—	$	66.0
Allowance for premium receivables	$	—	$	0.9	$	—	$	(0.7)	$	0.2