Metromile, a pay-per-mile car insurance carrier, is compare.com’s newest insurance partner, announced today.
The insurer is now providing quotes to compare.com users in California, with intentions of expanding its reach to other states later this year. Metromile caters to low-mileage drivers, a population that makes up 65% of U.S. drivers, according to the company. Through the use of telematics, policyholders pay for the miles they drive, not one standard monthly premium.
"The vast majority of Metromile's customers come from companies like Progressive and Geico and typically save more than $500 a year by switching to pay-per-mile insurance," said Katy Allen, director of business development at Metromile, in a statement. "More and more people are using services like compare.com to shop insurance options and because they get a real quote, it's a great way for customers to see savings first hand."
The aggregator site, launched in March 2013, makes shopping for car insurance easier for customers by comparing prices from 70 insurance carriers.
“From day-one, we’ve wanted to provide customers transparent comparison in the hopes that we can help them find the right policy and save money,” said compare.com President and CEO Andrew Rose. “There is no better way to do this than to work with a company like Metromile with such an innovative offering like pay-per-mile insurance.”
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