Major Rating Factors:
Weak profitability index (2.1 on a scale of 0 to 10) with operating losses during 2025. Weak overall results on stability tests (2.8) including excessive premium growth, weak results on operational trends and negative cash flow from operations for 2025. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Good long-term capitalization index (5.2) based on good current risk adjusted capital (severe loss scenarios). Superior liquidity (9.1) with ample operational cash flow and liquid investments.
Stability Factors:
E - Lack of operating experience.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
FL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
Root Inc
Investment Rating
Company Address
80 E. Rich Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(866) 980-9431
NAIC Number
17755
Website
Largest Affiliates