Root's Policy Growth Steady: Fueling Premium Acceleration with Technology and Partnerships

Root Inc.'s policies-in-force have been growing steadily, from 0.2 million in 2022 to 0.4 million in Q2 2025. The insurer's growth strategy is driven by geographic expansion, distribution channel diversification, and targeted investments. Partnerships, such as with Carvana, have contributed to strong momentum in the Partnership channel. Continued growth in policies-in-force will help Root sustain profitability and attain a competitive edge. Other auto insurers, such as Allstate and Progressive, have also seen increasing policies-in-force, driven by solid brand presence, prudent pricing, and distribution innovation.