Root and Carvana extend embedded insurance partnership to 2028

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

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

Alex Timm, founder and chief executive officer of Root Insurance, said the renewal reflected the strength of the programme.

"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," said Timm.

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