Is Metromile legit? This question is about Metromile

Yes, Metromile is a legitimate insurance company that offers pay-per-mile car insurance. Metromile is also a safe bet financially, according to major insurance rating agencies, and it has a relatively high customer satisfaction score. Why Metromile is Legit Metromile offers coverage in AZ, CA, IL, NJ, OR, PA, VA, and WA. Metromile has been in operation since 2011 and is currently headquartered in San Francisco, CA. Metromile has an A+ from the Better Business Bureau. Metromile has an average user rating of 4.4/5 on WalletHub. However, even though Metromile is rated very highly, their rates can be costly. A minimum-coverage car insurance policy with Metromile typically costs $805 per year, which is more expensive than average. To learn more, check out WalletHub’s complete Metromile review. Note: Rates are an approximation based on a driver with a clean driving record in California. Actual rates will vary.

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Is Metromile legit?

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This question is about Metromile

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Delaney Simchuk, Car Insurance Writer

@delaney_simchuk • 08/25/22 This answer was first published on 08/25/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yes, Metromile is a legitimate insurance company that offers pay-per-mile car insurance. Metromile is also a safe bet financially, according to major insurance rating agencies, and it has a relatively high customer satisfaction score.

Why Metromile is Legit

Metromile offers coverage in AZ, CA, IL, NJ, OR, PA, VA, and WA.
Metromile has been in operation since 2011 and is currently headquartered in San Francisco, CA.
Metromile has an A+ from the Better Business Bureau.
Metromile has an average user rating of 4.4/5 on WalletHub.

However, even though Metromile is rated very highly, their rates can be costly. A minimum-coverage car insurance policy with Metromile typically costs $805 per year, which is more expensive than average.

To learn more, check out WalletHub’s complete Metromile review.

Note: Rates are an approximation based on a driver with a clean driving record in California. Actual rates will vary.

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What rating does Metromile insurance have?

Metromile is rated 2.8 out of 5 by WalletHub’s editors, based on factors such as customer reviews and watchdog-group ratings. For example, Metromile has a rating of 12.26 from the National Association of Insurance Commissioners (NAIC), meaning it has more customer complaints than the average insurer its size.

Metromile Insurance Ratings

WalletHub Editors: 2.8
NAIC: 12.26
BBB: A+
Average User Rating on WalletHub: 4.4/5

To learn more,...

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Is Metromile really cheaper?

Yes, Metromile really is cheaper than most car insurance companies, as the company ranked in the second quartile of WalletHub’s cheap car insurance comparison. Metromile exclusively offers pay-per-mile insurance, which is a type of policy that charges customers a monthly base rate plus a small per-mile fee. Customers save an average of $741 per year by switching to Metromile, according to the company’s website.

Average Metromile Premium vs. Popular Competitors

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Who owns Metromile insurance?

Metromile is owned by its shareholders, as it is a publicly traded company. Metromile was founded in 2011 and has its headquarters in San Francisco, and the company is managed by its Chief Executive Officer Dan Preston.

For more information, check out WalletHub's full Metromile review.

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