Can Root Insurance (ROOT) Compete With Lemonade (LMND), Geico

Root Insurance (ROOT) is today’s Under 30 stock. Jeff Pierce, Contributor at TD Ameritrade Network, joins Alex Coffey and Jenny Horne to discuss ROOT. ROOT is a direct-to-consumer personal auto insurance, renter’s insurance, and mobile technology company. They talk about how ROOT has the infrastructure to design products, distribute, underwrite, administer, and pay claims on all its policies. They also compare ROOT to Lemonade (LMND) as well as other big insurance names like Geico (BRK.A), and discuss ROOT’s earnings which were released on November 11th, in the postmarket. Tune in to find out more.