Root Insurance Expands to Minnesota, Offering Personalized, Driver-Based Rates
Root, Inc. (ROOT)
Company Research
Source: GlobeNewswire
COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Property & Casualty Insurance Company, has announced the availability of Root Insurance in Minnesota. The insurer now serves drivers in 35 states, extending its innovative approach to auto insurance to over 4 million registered drivers in Minnesota and covering more than 77% of the U.S. population. Root was founded on the idea that car insurance rates should be based primarily on driving behaviors, not demographics. By leveraging advanced, mobile-first technology and data science, Root delivers a personalized, seamless, and fair insurance experience to drivers. Root uses smartphone technology to measure safe driving habits, placing driving behavior at the forefront of its pricing models. By making driving performance the top factor in determining rates, Root empowers safe drivers to save more. “We’re excited to bring
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ROOT
News
- Root, Inc.'s (NASDAQ:ROOT) institutional investors lost 17% over the past week but have profited from longer-term gains [Yahoo! Finance]Yahoo! Finance
- Root (ROOT) Could Find a Support Soon, Here's Why You Should Buy the Stock Now [Yahoo! Finance]Yahoo! Finance
- Root, Inc. (NASDAQ: ROOT) was downgraded by analysts at Citizens Jmp from a "strong-buy" rating to a "hold" rating.MarketBeat
- Root, Inc. (NASDAQ: ROOT) was downgraded by analysts at JMP Securities from an "outperform" rating to a "market perform" rating.MarketBeat
- Root, Inc. (NASDAQ: ROOT) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $90.00 price target on the stock, up previously from $82.00.MarketBeat
ROOT
Earnings
- 10/30/24 - Beat
ROOT
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 4
- ROOT's page on the SEC website