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Stock impact report

Root, Inc. (ROOT): A Bull Case Theory [Yahoo! Finance]

Root, Inc. - common stock (ROOT) 
Company Research Source: Yahoo! Finance
Root, Inc.'s share was trading at $95.29 as of September 17th. Root's trailing and forward P/E were 18.52 and 3.60 respectively according to Yahoo Finance. ROOT Insurance is carving out a distinctive position in the auto insurance market by offering the lowest-cost coverage for objectively safe drivers, leveraging telematics as the foundation of its underwriting. Prospective customers undergo a three-week driver safety test, with only about 70% passing, ensuring that ROOT avoids high-risk drivers and maintains best-in-industry loss ratios. This disciplined approach allows customers to save an average of $900 per year, creating a compelling value proposition. Customer acquisition, traditionally a challenging aspect of the insurance business due to policy stickiness, is being addressed through strategic partnerships. ROOT embeds itself with partners such as Carvana and Hyundai, positioning itself as the preferred carrier at the point of sale—a channel that is increasingly contributi Show less Read more
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