incredible. $root is live in 37 states and the cheapest of any carrier in 17, while also having best LR's in the industry. lowest rates + lower LR means superior segmentation, which is the entire bull thesis playing out.
once you have best pricing, key is distribution [cont]
@Experian analyzed insurance pricing across the country and named Root the cheapest full coverage car insurance in 17 states.
experian.com/blogs/ask-exper…
ALT Graphic titled "Full Coverage Car Insurance: Cheapest in 17 states." Features a U.S. map highlighting 17 states in orange where Root was named the cheapest full coverage car insurance carrier according to Experian data. Highlights include states across the West, Midwest, and South, such as California, Oregon, Arizona, New Mexico, Oklahoma, Louisiana, Mississippi, Alabama, Tennessee, Kentucky, West Virginia, Maryland, Indiana, Missouri, Arkansas, Montana, and Washington. Includes Root logo and Experian source attribution.
Riley retweeted
🚨 THIS IS IT - THIS IS JUST THE START OF THE NATIONWIDE ROLL OUT!
$ROOT, powering Hyundai's Secure+ Insurance product, is now LIVE at 14 Arizona Hyundai dealerships! 🤯
Every new lease or purchase in AZ comes with 6 months of $ROOT insurance at no cost!
This is an incredible way to get people instantly introduced to $ROOT and put them behind the wheel with $ROOT as their insurer from day one.
They get 6 months to experience the product, pricing, and telematics firsthand - once that free period ends, $ROOT has already established the relationship and has an opportunity to retain them as a long-term policyholder. 😎
Great find @echoesxzzz! h/t
interesting portion of the roundtable interview that wasn't in the initial cut. Key takeaway for me is the doubling down on OEM partnerships - hard to imagine he'd keep banging this drum if there wasnt meaningful progress happening.
WATCH: Alex Timm, founder of Root Inc, discusses how Waymo and Tesla’s autonomous fleets will impact insurance. In a conversation with Jackson Hinkle
@RootInsurance | @jacksonaltonh
oppurtunity he's most excited about for growth is embedded partnerships. also emphasizing point of sale and a much better customer experience. sounds a lot like hyuandai secure+ if you ask me
Root Founder & CEO Alex Timm walks through the technical foundation behind Root, key growth levers, and how real-time model retraining creates a compounding pricing advantage.
youtu.be/lJ5v9eIxDJo
See end of video for disclosure on forward-looking statements.
great new Alex Timm interview on $root.
My favorite part was on capital allocation around 16 mins in. See's share buybacks super attractive here but investing in tech is by far the best ROIC at the moment.
roundtable100.com/asset/root…
Riley retweeted
Read the full article on my free newsletter:
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$ROOT
Riley retweeted
Former Senior Executive at Root on why better pricing does not mean lower prices $ROOT
recent @_inpractise interview with a former $root exec.
Root…use LTV models "and he believes they’re" in the top 2% to 5%" on LTV rigor; contrast: many carriers/agents run "a flat 10% acquisition fee" with limited linkage between marketing and actuarial
Riley retweeted
🚗 One statistic that caught my attention about $ROOT:
Root has now sold 200,000+ insurance policies through its embedded partnership with Carvana.
Based on Carvana’s vehicle sales since launch, that works out to roughly a 16–18% insurance attach rate.
Now consider this…
🇺🇸 Hyundai sold about 902,000 vehicles in the U.S. last year.
If Root achieved the same 16–18% attach rate with a Hyundai-sized OEM, it would translate to approximately:
• 16% = 144,000 policies/year
• 17% = 153,000 policies/year
• 18% = 162,000 policies/year
That’s roughly 75–80% of all the policies Root has accumulated with Carvana since early 2022—generated in just one year.
The bigger takeaway isn’t Hyundai specifically.
It’s that Root has demonstrated consumers will buy insurance at the point of vehicle purchase. If the company can replicate that playbook with additional OEMs or automotive marketplaces, the embedded insurance opportunity could become significantly larger.
$ROOT #InsurTech #hyundai #Carvana #Investing
