The Metromile NAIC number is 16187. Metromile’s NAIC number is the five-digit code given by the National Association of Insurance Commissioners (NAIC), which assigns numbers to authorized insurance providers in order to track customer complaints and ethics violations across state lines.
With Metromile’s NAIC number, anyone can learn more about the company’s financial data, the kinds of complaints that have been filed by customers, and any enforcement actions taken against the company. Customers will need Metromile’s NAIC number to report fraud or file an insurance claim, as well.
Metromile’s NAIC number is not the same thing as the three-digit code assigned by each state’s department of motor vehicles. These numbers, issued by state insurance commissioners, are given to the companies that have been authorized to sell insurance policies in a particular state. However, they are not standardized across state lines, like NAIC numbers are.
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.
No, Metromile does not have accident forgiveness. As a result, Metromile car insurance customers should expect their rates to go up by around 61% after an at-fault accident, even if it’s their first one. If you are looking for a policy with accident forgiveness, it can be purchased from most major car insurance companies.… read full answer
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If you wish to keep your policy with Metromile, there are other ways to lower your rate after an accident. For example, you can look for any additional discounts that you may qualify for. You might also consider temporarily reducing your coverage.
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.… read full answer
Note: Annual premiums, assuming 15,000 miles driven per year.
If you’re wondering whether Metromile is cheaper for your specific circumstances, you should start by estimating your average monthly mileage, bearing in mind that mileage charges are capped at 250 miles per day (150 in New Jersey). Then, you can get a quote from Metromile, calculate how much you’d pay, and compare this rate with your standard car insurance premium. Metromile also offers a ride-along option, which allows drivers to download the Metromile app, drive for 17 days, and receive an estimate of their premium with the company.
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