About Metromile
Metromile offers a digital insurance platform that provides personalized auto insurance policies priced by the mile. This model allows drivers to pay based on the actual miles they drive, which can lead to significant savings—averaging 47% compared to traditional insurers. The service is particularly beneficial for urban residents, occasional drivers, and those who work from home. Metromile stands out in the competitive auto insurance market with its digital-first approach, featuring automated claims processing and smart driving tools that help users improve their driving habits. The company generates revenue through its pay-per-mile insurance model and also licenses its technology platform to other insurers. Metromile's goal is to provide a fair and flexible insurance solution that aligns premiums with actual driving behavior.