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Metromile, Inc. is a San Francisco-based technology start-up that offers pay-per-mile car insurance, licenses a digital insurance platform to insurance companies around the world, and provides a digitally native offering featuring smart driving features, automated claims, and vehicle information.
Telematics programs, along with pay-per-mile insurance, fall under the broader category of usage-based insurance (UBI). ... California Department of Insurance. Accessed December 10, 2024.
“If you're driving relatively infrequently — less than 8,000 to 10,000 miles annually — it may be worth exploring a pay-per-mile program,” explains Maya Afilalo, a car insurance expert and ...
Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. The ...
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.
Metromile also uses an OBDII-based system for their mileage-based insurance. They offer a true pay-per-mile insurance where behavior or driving style is not taken into account, and the user only pays a base rate along with a fixed rate per mile. [60] The OBD-II device measures mileage and then transmits mileage data to servers.
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