Root News
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Root Expands Its Telematics Car Insurance to New Jersey, Its 37th State
Jul 23 2026 // Technology-driven insurer Root has launched its behavior-based car insurance in New Jersey, marking its 37th state. Using mobile telematics, Root calculates its rates primarily on actual driving performance, such as...
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M
May 7 2026 // Root Inc. reported a first quarter 2026 net income of $35.9 million—the best quarterly result in the company’s history—compared with net income of $18.4 million for the same period in 2025. In a letter to...
With New Program, Indie Agents Can Start Selling Root Insurance in 24 Hours
May 1 2026 // Insurtech car insurance provider Root said it has started a 24-hour agent appointment program to allow independent insurance agents to complete onboarding and begin selling policies in as little as one day. Root Insurance...
Root Inc. Reports Record 2025 Net Income as Policies Grow
Feb 26 2026 // Root Inc. reported a fourth quarter 2025 net income of $5.3 million compared with net income of $22.1 million for the same period in 2024 but ended the year with record net income of $40.3 million, a 30% jump compared with...
Root Inc. Reports Strong Growth Despite Q3 Loss
Nov 6 2025 // Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago. Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to...
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