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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.
In California, minimum coverage car insurance requirements are 30/60/15 effective Jan. 1, 2025. Utah minimum coverage limits will increase to 30/60/25. Virginia limits will be 50/100/25.
It doubles the minimum insurance coverage for bodily injury liability to $30,000 per person and $60,000 per incident. The previous minimum was $15,000 per person and $30,000 per incident.
The average cost of car insurance in California is $2,701 per year for full coverage and $650 per year for minimum coverage, compared to the national average cost of $2,542 for full coverage and ...
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.
Let's look at an example: If you're paying $1,500 annually for car insurance and qualify for a 25% telematics discount through safe driving habits, you'd save $375 per year.
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