Columbus unicorn Root Insurance extends its reach to California
Root Insurance expanded to California on Wednesday, making its all-digital auto policies available to three-fifths of U.S. drivers.
For now, the state is the only one where Columbus-based Root does not set rates according to driving habits measured by its mobile app or some cars’ on-board computers. California law doesn’t allow using such data, called telemetrics, to set insurance rates. Root is relying on traditional actuarial science while seeking a regulatory solution, a spokesman said.
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Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
Originally published August 7, 2019.
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