Root and Carvana extend partnership

Root Insurance announced the extension of its embedded partnership with Carvana to at least August 2028.

In less than four years, the partnership surpassed 200,000 policies sold.

“The program results, paired with this renewal, demonstrate the power of giving customers exactly what they want: easy, simple insurance—something this program uniquely delivers. We’re so excited about what this means for today’s car shoppers and how they can finally have a delightful purchase experience.” – Alex Timm, Founder & CEO of Root Insurance.

Bottom Line: A relevant read.