“Scale Economies Shared”
$ROOTBullish
Root's business model is sound: using telematics to serve only good drivers, they avoid losses and can reduce prices as technology improves.
and in auto insurance Root says that they save, on average, $109 a month for their customers.
So Root changed that. They're not going to serve the bad drivers, and it's based on technology, telematics mostly. They're going to serve only the good drivers, and when the technology gets better, they can lower prices for everyone.