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Root Insurance was founded in March 2015 by Alex Timm and Dan Manges. In 2021, Manges co-founder retired as CTO but remained a consultant to the company through December 2021. In August 2021, Root announced a partnership deal with Carvana to develop personalized auto insurance for Carvana's car-buying platform.
Car insurance is a necessary evil: Premiums can be costly, and when you’re in an accident, you still have to pay a deductible before coverage kicks in. That said, some level of car insurance is ...
Homeowners in the U.S. pay an average rate of $2,230 per year for $300,000 in dwelling coverage (as of July 2024). But how is home insurance calculated?
Raising your deductible will also lower your car insurance premiums, possibly by 40% or more. This depends on your insurer and how much you raise the deductible, but it should make a substantial ...
Root is revolutionizing insurance through data science and technology to provide consumers a personalized, easy, and fair experience. The Root app has 14 million downloads and has collected more than 27 billion miles of driving data to inform their insurance offerings. To learn more about Root, visit root.com.
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