---
schema_version: "secwatch.filing_event.v1"
accession: "0001788882-22-000024"
form_type: "8-K"
ticker: "ROOT"
cik: "0001788882"
company_name: "Root, Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:58:20.259849+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Root Q2 2022: Gross written premium falls 21% to $140M; loss ratio improves to 85%

## Summary
- Gross written premium fell 21% to $140M; gross earned premium down 5% to $171M.
- Net loss improved 50% YoY to $89M; adjusted EBITDA improved 59% YoY.
- Gross accident period loss ratio improved 5 pts to 85% from 90% in Q2 2021.
- Unencumbered capital $696M (down $40M from Q1); cash burn down 54% in H1 vs H1 2021.
- Carvana new premium 31% of new business; V2 embedded product launched in July 2022.

## SEC filing metadata
- accession: 0001788882-22-000024
- form_type: 8-K
- ticker: ROOT
- cik: 0001788882
- company_name: Root, Inc.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788882/000178888222000024/0001788882-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788882/000178888222000024/root-20220808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001788882-22-000024
- JSON: https://secwatch.observer/filing/0001788882-22-000024.json
- Plain text: https://secwatch.observer/filing/0001788882-22-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.