Mile Auto

About

Mile Auto is a fintech and insurtech company based in Atlanta, Georgia, specializing in pay-per-mile auto insurance for low-mileage drivers. Founded in 2017 and launched in 2019, the company offers potential savings of up to 40% compared to traditional insurance policies for those who drive under 10,000 miles annually. The company utilizes patented technologies such as computer vision and telematics to verify odometer readings without the need for additional hardware or invasive tracking methods. This approach prioritizes user privacy while providing accurate mileage data. Mile Auto also offers specialized coverage for luxury vehicles, including a partnership with Porsche, and collaborates with companies like Verisk to enhance its services. With a focus on usage-based insurance and artificial intelligence, Mile Auto operates in multiple states and has a dedicated team with extensive experience in vehicle data and auto insurance.