Root Insurance and Carvana extend embedded insurance partnership until 2028

COLUMBUS, Ohio, Sept. 01, 2026 /CourierPR/ -- Root Insurance, the leading technology company in car insurance, and Carvana, the nation's largest online used car retailer, have extended their exclusive embedded insurance partnership until at least August 2028. This agreement builds on a successful four-year collaboration that has significantly transformed the car-buying experience for consumers.

Launched in 2022, "Carvana Insurance Built with Root" was an industry-first embedded insurance product that seamlessly integrates with the car-buying process. By combining Carvana’s customer experience with Root’s advanced data science platform, the partnership has streamlined the insurance purchase process, making it faster and more intuitive. According to Root’s data, the program has seen over 200,000 policies sold since its inception.

"Customers today demand a seamless and frictionless experience, and our partnership with Root has delivered exactly that," said Alex Timm, Founder and CEO of Root Insurance. "With the ease and simplicity of our insurance offering, we’re thrilled to continue this journey with Carvana, ensuring that the purchase experience for car shoppers is delightful and straightforward."

The renewed agreement underscores the strength of a technology-enabled collaboration that redefines customer experiences in both the automotive and insurance sectors. "This extension of our partnership is a testament to the power of innovation and the alignment of our companies' goals," added Timm.

The embedded insurance solution has been praised for its simplicity and efficiency. Customers can now purchase insurance in just three clicks at the point of sale, significantly reducing the complexity of the traditional insurance buying process. This innovation has not only improved customer satisfaction but also set a new standard in the industry.

As both companies continue to innovate, this partnership stands as a bold example of how technology can drive customer-centric solutions. "We are excited about the future and the potential for further enhancements to the partnership," said Timm. "Our goal is to continue providing consumers with the best possible insurance experience."

Root Insurance, founded in 2015 and headquartered in Columbus, Ohio, has revolutionized car insurance through data science and automation. The company's technology platform has analyzed more than 37 billion miles of driving data, enabling personalized and fair pricing. Root’s app has reached over 18 million downloads and is active in 37 markets for auto insurance, with additional coverage in renters insurance in select states.

In a statement, Root emphasized its commitment to innovation and customer satisfaction. "Our partnership with Carvana exemplifies our mission to create intuitive and easy insurance solutions for our customers," said Timm. "We are confident that this renewed agreement will lead to even more success and innovation in the years to come."

With the extension of their partnership, Root and Carvana are poised to continue setting new standards in the automotive and insurance industries, providing consumers with a more seamless and satisfying purchase experience.