Carvana CoCarvana extends its exclusive embedded insurance partnership with Root through 2028, deepening its point-of-sale offering to car buyers.
Root, Inc. announced the extension of its exclusive embedded insurance partnership with Carvana, securing the agreement through at least August 2028. The partnership, which launched in 2022 as Carvana Insurance Built with Root, has sold more than 200,000 policies in under four years, offering an industry-first three-click insurance purchase at the point of sale. Root's CEO Alex Timm highlighted the program's success in delivering simple, integrated insurance to car shoppers. The renewal underscores the strength of the collaboration between Root's data science platform and Carvana's customer experience.
Carvana CoCarvana extends its exclusive embedded insurance partnership with Root through 2028, deepening its point-of-sale offering to car buyers.
Caesars Entertainment Corporation
Root IncRoot secures its exclusive embedded insurance deal with Carvana through at least August 2028, with over 200,000 policies sold.