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Metromile is a pioneering insurance technology (insurtech) company that has revolutionized the auto insurance industry by offering pay-per-mile insurance policies. Founded in 2011 by David Friedberg and Steve Pretre, the company is headquartered in San Francisco, California, and has since gained recognition for its innovative approach to car insurance.

Metromile's unique insurance model is centered around the idea that traditional car insurance policies often charge fixed premiums regardless of how much a policyholder actually drives. In contrast, Metromile's policies are designed to be more equitable and cost-effective. Customers pay a base monthly fee, and then their insurance costs are calculated based on the number of miles they drive. This pay-as-you-go structure enables individuals who drive less frequently to potentially save significantly on their insurance premiums compared to traditional insurers.

To track mileage accurately, Metromile provides its policyholders with a device known as the Metromile Pulse, which plugs into the vehicle's OBD-II port. This device not only monitors mileage but also provides valuable data and insights on driving habits, helping customers become more informed and safer drivers.

Metromile's innovative approach to auto insurance has garnered attention and investments from the tech and venture capital sectors, making it a prominent player in the evolving landscape of insurance technology. With a commitment to transparency, affordability, and customer empowerment, Metromile continues to shape the future of auto insurance by providing a more tailored and financially efficient option for drivers.

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