STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Root Insurance Expands to Washington State, Completing Its West Coast Coverage

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Root Insurance (NASDAQ: ROOT) has expanded its operations to Washington state, completing its West Coast presence alongside Oregon and California. The tech-driven car insurance company now reaches over 78% of the U.S. population.

Root's innovative approach uses smartphone-based technology to measure actual driving behaviors, offering insurance rates based on driving performance rather than demographic factors. Safe drivers can potentially save up to $1,200 annually. The company's mobile app tracks factors such as focused driving, smooth braking, and gentle turning during a test drive period to determine personalized rates.

Washington residents can now access Root's services through the mobile app or website, with options for fully digital policy management and claims processing.

Root Insurance (NASDAQ: ROOT) ha ampliato le sue operazioni nello stato di Washington, completando la sua presenza sulla West Coast insieme a Oregon e California. L'azienda di assicurazioni auto guidata dalla tecnologia ora raggiunge oltre il 78% della popolazione degli Stati Uniti. L'approccio innovativo di Root utilizza la tecnologia basata sullo smartphone per misurare i comportamenti reali di guida, offrendo tariffe assicurative basate sulle prestazioni di guida piuttosto che su fattori demografici. Guidatori sicuri possono potenzialmente risparmiare fino a 1.200 dollari all'anno. L'app mobile dell'azienda monitora fattori quali guida focalizzata, frenata fluida e svolte delicate durante un periodo di prova per determinare tariffe personalizzate. I residenti di Washington ora possono accedere ai servizi di Root tramite l'app mobile o il sito web, con opzioni per gestione completamente digitale della polizza e gestione dei sinistri.

Root Insurance (NASDAQ: ROOT) ha ampliado sus operaciones al estado de Washington, completando su presencia en la Costa Oeste junto a Oregon y California. La empresa de seguros de auto impulsada por la tecnología ahora alcanza a más del 78% de la población de EE. UU. El enfoque innovador de Root utiliza tecnología basada en smartphones para medir los comportamientos reales de conducción, ofreciendo tarifas de seguro en función del rendimiento de la conducción y no de factores demográficos. Los conductores seguros pueden ahorrar potencialmente hasta 1.200 dólares al año. La aplicación móvil de la empresa supervisa factores como conducción enfocada, frenado suave y giros suaves durante un periodo de prueba para determinar tarifas personalizadas. Los residentes de Washington ya pueden acceder a los servicios de Root a través de la aplicación móvil o el sitio web, con opciones para la gestión digital completa de la póliza y el procesamiento de reclamaciones.

Root Insurance (NASDAQ: ROOT)가 워싱턴 주로 사업을 확장하며 오리건과 캘리포니아에 이은 서해안에서의 입지를 완성했습니다. 이 기술 중심의 자동차 보험 회사는 이제 미국 인구의 78% 이상에 도달합니다. Root의 혁신적 접근 방식은 스마트폰 기반 기술을 사용해 실제 운전 행태를 측정하고 운전 성과에 따라 보험 요율을 책정하며 인구통계학적 요인은 반영되지 않습니다. 안전 운전자는 연간 최대 1,200달러까지 절약할 수 있습니다. 회사의 모바일 앱은 집중 운전, 부드러운 제동, 부드러운 코너링 등 테스트 기간 동안의 요소를 추적해 개인화된 요율을 결정합니다. 워싱턴 주 거주자는 이제 모바일 앱이나 웹사이트를 통해 Root의 서비스를 이용할 수 있으며, 정책 관리와 청구 처리의 완전 디지털화 옵션이 제공됩니다.

Root Insurance (NASDAQ : ROOT) a étendu ses activités dans l'État de Washington, complétant ainsi sa présence sur la côte ouest aux côtés de l'Oregon et de la Californie. L'entreprise d'assurance auto axée sur la technologie atteint désormais plus de 78 % de la population américaine. L'approche innovante de Root utilise une technologie basée sur les smartphones pour mesurer les comportements de conduite réels, proposant des tarifs d'assurance basés sur la performance de conduite plutôt que sur des facteurs démographiques. Les conducteurs prudents peuvent potentiellement économiser jusqu'à 1 200 dollars par an. L'application mobile de l'entreprise suit des facteurs tels que la conduite focalisée, le freinage en douceur et les demi-tours en douceur pendant une période d'essai pour déterminer des tarifs personnalisés. Les résidents de Washington peuvent désormais accéder aux services de Root via l'application mobile ou le site web, avec des options de gestion entièrement numérique des polices et du traitement des sinistres.

Root Insurance (NASDAQ: ROOT) hat seine Aktivitäten nach Washington State ausgeweitet und damit seine Präsenz an der Westküste neben Oregon und Kalifornien vervollständigt. Das technikgetriebene Kfz-Versicherungsunternehmen erreicht nun über 78% der Bevölkerung der USA. Root setzt auf einen innovativen Ansatz, der Smartphone-basierte Technologien nutzt, um tatsächliche Fahrverhaltensweisen zu messen und Versicherungsbeiträge auf Basis der Fahrleistung statt demografischer Faktoren zu bestimmen. Sicher fahrende Fahrer können potenziell bis zu 1.200 USD pro Jahr sparen. Die mobile App des Unternehmens verfolgt Faktoren wie fokussiertes Fahren, sanftes Bremsen und sanfte Kurven während eines Testfahrzeitraums, um personalisierte Tarife zu ermitteln. Washingtoner Einwohner können nun über die mobile App oder die Website auf Root-Dienste zugreifen, mit Optionen für eine vollständig digitale Policenverwaltung und Schadensabwicklung.

Root Insurance (المدرج في Nasdaq: ROOT) وسّعت عملياتها إلى ولاية واشنطن، مكتملة وجودها على الساحل الغربي إلى جانب أوريغون وكاليفورنيا. الشركة المدفوعة بالتكنولوجيا لتأمين السيارات تصل الآن إلى أكثر من ٪78 من سكان الولايات المتحدة. يعتمد نهج Root المبتكر على تقنية الهاتف الذكي لقياس سلوك القيادة الفعلي، وتقديم أسعار التأمين بناءً على أداء القيادة بدلاً من العوامل الديموغرافية. يمكن للسائقين الآمنين توفير ما يصل إلى 1,200 دولار سنوياً. تطبيق الشركة المحمول يتتبع عوامل مثل القيادة المركزة، والفرملة السلسة، والانحناءات اللطيفة خلال فترة التجربة لتحديد الأسعار المخصصة. يمكن لسكان واشنطن الآن الوصول إلى خدمات Root عبر التطبيق المحمول أو الموقع الإلكتروني، مع خيارات لإدارة كاملة رقمياً للبوليصة ومعالجة المطالبات.

Root Insurance(NASDAQ: ROOT) 已将业务扩展至华盛顿州,并在西海岸完成了与俄勒冈州和加利福尼亚州的布局。这家以科技驱动的汽车保险公司现在覆盖美国人口的 78% 以上。Root 的创新方法利用智能手机技术来衡量实际驾驶行为,基于驾驶表现而非人口统计因素来定价保险费。守法驾驶者每年可能节省高达 1,200 美元。公司的移动应用在试驾期间跟踪专注驾驶、平稳制动和温和转弯等因素,以确定个性化保费。华盛顿州居民现在可以通过移动应用或网站使用 Root 的服务,提供完全数字化的保单管理和理赔处理选项。

Positive
  • None.
Negative
  • None.

Innovative, mobile-first car insurance now available to millions of drivers in the Evergreen State

COLUMBUS, Ohio, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Root Insurance, a technology-driven personal car insurance carrier and subsidiary of Root, Inc. (NASDAQ: ROOT), has announced it is now available in the state of Washington, completing its West Coast footprint. By bringing its data-driven insurance pricing model to the state, Root now serves millions of drivers in Washington, Oregon, and California, reaching more than 78% of the U.S. population.

Root was built on a simple belief: car insurance should be based on how you drive, not who you are. By leveraging advanced mobile technology and data science, Root measures real driving behaviors to determine rates, placing driving performance and safe driving habits at the forefront of its pricing models. Through smartphone-based measurements, Root delivers a personalized, seamless, and fair insurance experience, helping safe drivers save significantly, with potential annual savings of up to $1,200.

"With this expansion into Washington, we're giving drivers across the entire West Coast a new way to save," said Alex Timm, Co-Founder and CEO of Root. "Washington has a tech-forward culture, and we're excited to offer its drivers a more transparent and affordable way to get insurance, powered by proven technology."

Washington drivers can now get started in minutes through the Root mobile app or at joinroot.com. After signing up, drivers complete a test drive, during which the app measures behaviors like focused driving, smooth braking, and gentle turning. Safe drivers can unlock lower rates, choose flexible coverage options, and a fully digital customer experience where they can manage their entire insurance experience from quotes, claims, and policy changes, directly from their phone.

Root also partners with tech-forward companies and independent insurance agents, providing multiple convenient ways for Washingtonians to access its services. Root Insurance Company underwrites auto insurance in Washington. To see where Root is available nationwide, visit joinroot.com/availability.

*Potential annual savings based on a survey of actual customers who purchased a new Root policy between February 2024 and February 2025 and reported savings; changes in coverage levels not evaluated. Potential savings will vary.

About Root, Inc.
Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company. Root is revolutionizing insurance through data science and technology to provide consumers a personalized, easy, and fair experience. The Root app has more than 15 million app downloads and has collected over 32 billion miles of driving data to inform its insurance offerings.

Root is headquartered in Columbus, Ohio, and offers auto insurance to drivers in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Mexico, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, Washington and Wisconsin. Root Insurance also offers renters insurance in Arkansas, Georgia, Kentucky, Missouri, Nevada, New Mexico, Ohio, Tennessee, and Utah. Auto insurance is underwritten by Root Insurance Company in Washington.

For more information, visit root.com.

Contacts
Media:
press@joinroot.com

Forward-Looking Statements
This communication contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about our future business results and the success of our business in Washington. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict, including our ability to profitably acquire new customers in Washington. We have based our forward-looking statements on our current expectations, estimates and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2024, and other SEC filings, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations or by contacting Root's Investor Relations office.


FAQ

When did Root Insurance (NASDAQ: ROOT) expand to Washington state?

Root Insurance expanded to Washington state on September 23, 2025, completing its West Coast coverage alongside Oregon and California.

How much can safe drivers save with Root Insurance in Washington?

Safe drivers in Washington can potentially save up to $1,200 annually with Root Insurance, based on their actual driving behavior.

How does Root Insurance determine car insurance rates in Washington?

Root Insurance uses smartphone-based technology to measure real driving behaviors like focused driving, smooth braking, and gentle turning during a test drive period to determine personalized rates.

What percentage of the U.S. population does Root Insurance now cover?

With the expansion to Washington, Root Insurance now reaches more than 78% of the U.S. population, covering the entire West Coast.

How can Washington residents sign up for Root Insurance?

Washington residents can sign up through the Root mobile app or at joinroot.com, complete a test drive period, and manage their entire insurance experience digitally.
Root, Inc.

NASDAQ:ROOT

ROOT Rankings

ROOT Latest News

ROOT Latest SEC Filings

ROOT Stock Data

1.41B
12.72M
5.85%
64.48%
11.33%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
COLUMBUS