Metromile is a company that pretty much sells itself.
Unlike the other guys with their celebrity mascots and bombardment of "Wait, was that supposed to be funny?" commercials, they do things differently.
They came up with a pay-per-mile car insurance model that's flipping the entire industry on its head and saves me over $1,500/year.
Turns out, the number one risk indicator for drivers is how often they drive. So, if you're driving less, you should be paying less, right? Right. 65% of Americans drive less than 12,000 miles a year, yet every single one of them is subsidizing the bill for high-mileage drivers that spend more time in the car than in the office.
Metromile changes everything. If you spend less time behind the wheel, you spend less money on insurance. You just pay a low monthly base rate plus a few cents per mile when you drive. At the end of the month, your bill is your base rate plus how many miles you drove at your per-mile rate.
And yes, it's the same great coverage that you're used to.
I switched to Metromile a few years ago and never looked back. My wife and I were paying north of $300/month to ensure our two cars and now pay less than $120/month total. Sometimes, our monthly bill is south of $100. Yes, for real.
They track everything with a simple, easy-to-install wireless device that plugs into your car’s OBD-II port. It only counts your miles to determine your total monthly bill and doesn't record private data like how fast you drive or how hard you brake. It's all tied to a smart driving app that keeps track of your trips, gives street sweeping alerts and monitors your car’s health. It will even let you know where your car is parked through GPS, which has come in handy on numerous occasions.
If you're sick of paying insanely high insurance rates but don't want to compromise on coverage, signing up for Metromile is one of the wisest financial moves you can make if you drive less than 12,000 miles a year. It's value in its purest form, with pixel-perfect design and great customer service to boot.