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Root (ROOT) Unearned Premiums : $354 Mil (As of Sep. 2024)


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What is Root Unearned Premiums?

Root's quarterly unearned premiums increased from Mar. 2024 ($339 Mil) to Jun. 2024 ($340 Mil) and increased from Jun. 2024 ($340 Mil) to Sep. 2024 ($354 Mil).

Root's annual unearned premiums declined from Dec. 2021 ($180 Mil) to Dec. 2022 ($137 Mil) but then increased from Dec. 2022 ($137 Mil) to Dec. 2023 ($284 Mil).


Root Unearned Premiums Historical Data

The historical data trend for Root's Unearned Premiums can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Root Unearned Premiums Chart

Root Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unearned Premiums
Get a 7-Day Free Trial 145.40 157.10 180.10 136.50 283.70

Root Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Unearned Premiums Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 218.90 283.70 339.40 339.70 354.40

Root Unearned Premiums Calculation

The portion of premium that has not been earned by insurance companies. Insurance companies have to pay them back to the insured if the policies are cancelled.


Root Business Description

Traded in Other Exchanges
N/A
Address
80 E. Rich Street, Suite 500, Columbus, OH, USA, 43215
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.
Executives
Jonathan Allison officer: Chief Administrative Officer ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Julie Szudarek director 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Meyer Malka 10 percent owner 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Beth A Birnbaum director C/O 111 RIVER STREET, HOBOKEN NJ 07030
Donna Dorsey director ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Mahtiyar Bonakdarpour officer: Chief Technology Officer 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Bullfrog Capital Gp, Ltd. 10 percent owner 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Bullfrog Capital, L.p. 10 percent owner 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Robert H. Bateman officer: Chief Financial Officer ONE HARTFORD PLAZA, HARTFORD CT 06155
Daniel H Rosenthal director, officer: Chief Financial Officer C/O ROOT, INC., 80 E RICH STREET, SUITE 500, COLUMBUS OH 43215
Lawrence A. Hilsheimer director 425 WINTER ROAD, DELAWARE OH 43015
Hemal Shah officer: Chief Product Officer 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Carvana Co. 10 percent owner 300 E. RIO SALADO PARKWAY, TEMPE AZ 85281
Carvana Group, Llc 10 percent owner 1930 W. RIO SALADO PKWY, TEMPE AZ 85281
Anirban Kundu officer: Chief Technology Officer 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215

Root Headlines

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