Metromile is, on average, the cheapest auto insurance provider in the country. Its annual cost is only $662, or $55 per month. Part of the reason Metromile can offer such low rates is because its pricing model is based on how much you drive, also known as pay-per-mile insurance. Metromile will track how many miles you drive each month and calculate your premiums based on how many miles you drive. The less you drive, the lower your rates will be.
Metromile specializes in pay-per-mile car insurance, meaning pay-per-mile insurance is the only type of plan you can get with Metromile. If you’re a low-mileage driver, these low-cost plans could be a great option for you.
Metromile will take into account other factors like credit score, driving history, and age to calculate your per-mile cost, but your monthly mileage is the most important factor. If you’re a teen driver or a driver with a bad driving record who doesn’t drive often, Metromile may offer better rates than competitors. Metromile claims you could save as much as $1,000 a year on car insurance if you drive less than 50 miles per week.2
Calculating Your Costs
If you’re still unsure about how pay-per-mile insurance works, here are a couple of examples displaying how Metromile may calculate your premium based on varying monthly miles driven.
|Miles Driven Per Month
|Flat Monthly Rate
Did You Know?
Americans drive around 9,400 miles per year on average, which is about 783 miles per month. If you drive well below that average, you can expect to pay less than $1,000 per year for car insurance with Metromile.
Tracking and App-Friendly Features
Metromile bills you by tracking how many miles you drive through its Metromile Pulse device. When we tested the device, it only took us a few minutes to plug it in and activate it. As soon as we saw the red light turn on, we were ready to take it for a short drive to calibrate the GPS system.
From there, Metromile could track where we drove, how far we drove, how fast we drove, and other key driving behaviors that it used to generate our quote. We were able to communicate with a Root representative entirely through the mobile app. If you’re tech-savvy and appreciate managing your account from the comfort of your phone, Metromile could be the choice for you.