US firm Root Insurance is set to enhance its vehicle - based insurance ( UBI ) coverage after joining the Verisk Insurance Exchange . Root will draw on information from more than 100 million active vehicles and 100 billion miles to improve the scoring model for its vehicle policies . As a participating insurer, Root will gain access to insurance-ready driving data from consenting consumers to enhance its UBI program. In addition , Root will deploy the exchange 's Discount Alert later this year , enabling insurers to offer good drivers competitive rates .
US firm Root Insurance is set to enhance its vehicle - based insurance ( UBI ) coverage after joining the Verisk Insurance Exchange . Root will draw on information from more than 100 million active vehicles and 100 billion miles to improve the scoring model for its vehicle policies . In addition , Root will deploy the exchange 's Discount Alert later this year , enabling insurers to offer good drivers competitive rates .