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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.
For example, if you drive 150 miles per week for a ridesharing service, you add an extra 7,800 miles to your overall annual mileage. Insurance carriers commonly consider anything over 18,000 per ...
Car insurance premiums are based in part on how much the car is driven. People who have longer commutes and who drive 15,000 miles or more per year are likely to pay higher car insurance rates ...
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
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.
Car insurance is not just a good idea, it’s required by law in all states except New Hampshire. ... Our base profile drivers own a 2023 Toyota Camry, commute five days a week and drive 12,000 ...
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