Automobile insurance startup Root Inc sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its target range, to raise $724.4 million, the company said.

"With this expansion into Washington, we're giving drivers across the entire West Coast a new way to save," said Alex Timm, Co-Founder and CEO of Root. "Washington has a tech-forward culture, and ...

Lemonade and Root were founded 10 years ago with the mission of disrupting the insurance industry. Root specializes in auto insurance while Lemonade offers a wide range of insurance products. These ...

A driver's license is a symbol of freedom for a teenager, but it's also a harbinger of higher car insurance costs for families: Full-coverage car insurance policies for teen drivers cost about 90% ...

Root, Inc. (NASDAQ:ROOT) is one of the most undervalued financial stocks to buy according to Wall Street analysts.

The cheapest car insurance offers low rates but don’t skimp on coverage options.

Shares of Root Inc closed flat in their Nasdaq debut on Wednesday, marking a muted open for the automobile insurance startup after it raised around $724 million in its initial public offering (IPO).

Learn about the car insurance discounts usually available.

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...