TOP 10 – INSURANCE PRODUCTS OF 2024

REVENUE : US $ 140mn EMPLOYEES : 384 CEO : DAN PRESTON FOUNDED : 2011

Metromile offers a pay-per-mile car insurance model , using a plug-in device to track drivers ’ mileage . The technology is particularly beneficial for low-mileage drivers , allowing them to save significantly on premiums . Customers pay a base rate plus a few cents for each mile driven , making it an affordable option for those who don ’ t use their cars often .

Alongside insurance , Metromile provides an app that offers insights into driving habits , vehicle health and even tracks car location .

So you have a car , but you don ’ t drive much ?

Dan Preston , CEO ,

Metromile

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