CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net loss	$ (104.6)	$ (57.5)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	1.7	0.7
Stock-based compensation	18.0	4.6
Amortization of discount on bonds	0.0	(0.3)
Provision for bad debts	2.3	0.9
Common shares contribution to the Lemonade Foundation	0.0	12.2
Changes in operating assets and liabilities:
Premium receivable	(24.4)	(11.6)
Reinsurance recoverable	(15.7)	(5.9)
Prepaid reinsurance premium	(29.0)	1.0
Deferred acquisition costs	(1.4)	(0.7)
Other assets	(1.5)	(3.5)
Unpaid loss and loss adjustment expense	18.4	7.1
Unearned premium	42.2	18.9
Trade payables	(0.1)	0.1
Funds held for reinsurance treaties	15.5	0.0
Deferred ceding commissions	7.7	0.0
Ceded premium payable	5.0	1.6
Other liabilities and accrued expenses	9.4	(2.9)
Net cash used in operating activities	(56.5)	(35.3)
Cash flows from investing activities:
Proceeds from short-term investments sold or matured	0.0	40.0
Proceeds from bonds sold or matured	0.0	2.2
Cost of short-term investments acquired	0.0	(14.9)
Cost of bonds acquired	(64.6)	(2.9)
Purchases of property and equipment	(4.7)	(1.9)
Net cash (used in) provided by investing activities	(69.3)	22.5
Cash flows from financing activities:
Proceeds from Follow-on Offering, net of underwriting discounts and commissions and offering costs	640.3	0.0
Proceeds from release of shares upon repayment	0.0	1.3
Proceeds from stock exercises	7.8	0.1
Net cash provided by financing activities	648.1	1.4
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(1.0)	(0.1)
Net increase in cash, cash equivalents and restricted cash	521.3	(11.5)
Cash, cash equivalents and restricted cash at beginning of period	571.4	270.3
Cash, cash equivalents and restricted cash at end of period	1,092.7	258.8
Supplemental disclosure of cash flow information:
Cash paid for income taxes	$ 1.1	$ 0.8