Lilah Butler, Car Insurance Writer
@lilah_c
No, GEICO does not offer pay-per-mile insurance. Instead, GEICO has a usage-based insurance program called DriveEasy that takes mileage into account, along with driving habits such as hard braking and distracted driving, when determining your premium. Registering for GEICO’s usage-based insurance program could save you money if you’re a good driver who isn’t on the road too much.
DriveEasy vs. Other Insurance Options
The GEICO DriveEasy app monitors driving habits like speeding, hard braking, total mileage, and more using your phone’s sensors and GPS location. GEICO uses this data to calculate a driving score and adjust your premium each renewal period.
Usually, car insurance rates are determined by a driver’s history on the road as well as factors like age, credit score, and ZIP code that help insurers predict future driving behaviors and levels of risk. Usage-based programs like the DriveEasy app, on the other hand, show insurance companies your actual level of risk, so you only pay for the insurance you need.
Pay-per-mile insurance is a bit different, since it involves paying a base rate plus a per-mile fee. GEICO may be able to provide more robust coverage just as affordably, though, because they offer such a wide variety of discounts. But if you need cheaper, low-mileage coverage, you should make sure to compare rates from at least three insurers to confirm you get the best price for your unique needs.
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