Carvana invests $126M in Root Insurance to build exclusive policies for online car-buyers

Carvana cars via carvana.com

Root Insurance Co. will build custom policies presented at the time of car purchase from Carvana Co., which is investing $126 million to take a 5% stake in the digital insurer.

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Story excerpt provided by Columbus Business First.

Written by Carrie Ghose and Andy Blye.

Originally published August 12, 2021.

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