Root Insurance and Carvana Extend Embedded Insurance Agreement

▤ Summary

Root Insurance and Carvana extended their exclusive embedded insurance partnership through at least August 2028. The companies first launched Carvana Insurance Built with Root in 2022 and say it created a seamless way for customers to buy car insurance during the vehicle purchase process. The partnership has sold more than 200,000 policies and uses Root’s data science platform to deliver a simplified, integrated checkout experience. The renewal signals continued investment in embedded insurance and automotive commerce workflows.

▦ Linked Companies