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Property-Casualty Insurers
Business UpdateApr 21, 2026, 09:07 AM

Root Report: 95% Drivers Want Behavior-Based Rates; Save Up to 28%

AI Summary

Root, Inc. released its "The Future of Car Insurance: A Consumer Demand Report," revealing widespread dissatisfaction with traditional, demographic-based car insurance pricing. The survey found that 95% of drivers desire rates based on their actual driving behavior, not proxies like age or credit scores. Root's proprietary data indicates that safe drivers switching to their behavior-based model can save up to 28% on premiums, highlighting a significant market opportunity for their technology-driven approach.

Key Highlights

  • 95% of drivers want insurance rates based on actual driving habits.
  • 77% of drivers find current car insurance pricing outdated.
  • Baby Boomers are 2.2 times more likely to view the system as unfair.
  • Root's behavior-based pricing saves safe drivers up to 28% on premiums.