Schedule V: Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule V: Valuation and Qualifying Accounts

ROOT, INC. AND SUBSIDIARIES
Schedule V: Valuation and Qualifying Accounts
For the Years Ended December 31, 2022, 2021 and 2020 (in millions)
			Additions
	Balance at beginning of period		Charged to costs and expenses		Charge to other accounts		Deductions		Balance at end of period
Year Ended December 31, 2020
Valuation allowance for deferred tax assets	$	76.8	$	61.5	$	(1.0)	$	—	$	137.3
Allowance for premium receivables	$	2.0	$	23.6	$	—	$	(22.1)	$	3.5
Year Ended December 31, 2021
Valuation allowance for deferred tax assets	$	137.3	$	116.7	$	1.0	$	—	$	255.0
Allowance for premium receivables	$	3.5	$	20.9	$	0.8	$	(19.8)	$	5.4
Allowance for reinsurance recoverables	$	—	$	—	$	0.2	$	—	$	0.2
Year Ended December 31, 2022
Valuation allowance for deferred tax assets	$	255.0	$	65.8	$	1.5	$	—	$	322.3
Allowance for premium receivables	$	5.4	$	17.4	$	—	$	(20.0)	$	2.8
Allowance for reinsurance recoverables	$	0.2	$	—	$	—	$	—	$	0.2