Vehicle insurance

SafeAuto Partners with Hugo to Offer Cost-Effective, Pay-as-You-Go Car Insurance

Retrieved on: 
Monday, May 24, 2021

COLUMBUS, Ohio, May 24, 2021 /PRNewswire/ -- SafeAuto announced today that it has partnered with Hugo to offer pay-as-you-go car insurance tailored to dollar-conscious drivers.

Key Points: 
  • COLUMBUS, Ohio, May 24, 2021 /PRNewswire/ -- SafeAuto announced today that it has partnered with Hugo to offer pay-as-you-go car insurance tailored to dollar-conscious drivers.
  • Through its partnership with Hugo, SafeAuto, a leader in direct to consumer state-minimum insurance, allows these drivers to access coverage while saving money by only paying for insurance on days they drive.
  • SafeAuto has partnered with Hugo to offer pay-as-you-go car insurance tailored to dollar-conscious drivers.
  • "Every driver needs liability car insurance, so Hugo was made with two goals in mind: make that insurance accessible and affordable for everyone," shared David Bergendahl, CEO, Hugo.

Mile Auto Secures $10.3 Million in Seed Funding to Expand Low-Cost Car Insurance Offering Across U.S.

Retrieved on: 
Monday, May 24, 2021

"Mile Auto's data-driven approach to insuring an underserved segment, lower-mileage drivers, is exactly what the market needs right now.

Key Points: 
  • "Mile Auto's data-driven approach to insuring an underserved segment, lower-mileage drivers, is exactly what the market needs right now.
  • Mile Auto will use the funding to expand availability of its insurance offering to half of the U.S. auto insurance market by the end of 2021, as well as hiring, adding new distribution channels, onboarding of white-label partners, and expanding its automaker network.
  • "Mile Auto makes car insurance fair and transparent for lower mileage drivers who have been overpaying and underserved for too long," said Fred Blumer, CEO of Mile Auto.
  • Mile Auto is a next-generation insurtech company that leverages computer vision and decision analytics to support pay-per-mile auto insurance offerings.

Ford Joins Forces with Mile Auto to Make Car Insurance Costs Fair for Lower-Mileage Drivers

Retrieved on: 
Monday, May 24, 2021

Mile Auto is changing the way car insurance is purchased with an offering that requires drivers to pay only for what they use.

Key Points: 
  • Mile Auto is changing the way car insurance is purchased with an offering that requires drivers to pay only for what they use.
  • By leveraging onboard telematics data from current Ford models, Ford owners can choose to share mileage data with Mile Auto.
  • "By teaming up with Mile Auto, Ford is able to offer its customers an added benefit of fairer auto insurance pricing, made possible by advanced technologies already in drivers' vehicles."
  • Mile Auto is a next-generation insurtech company that leverages computer vision and decision analytics to support pay-per-mile auto insurance offerings.

Progressive Reports April 2021 Results

Retrieved on: 
Wednesday, May 19, 2021

b"See Progressive\xe2\x80\x99s complete monthly earnings release for additional information.\nThe\xc2\xa0Progressive Group of Insurance Companies\xc2\xa0makes it easy to understand, buy and use auto insurance .\xc2\xa0Progressive\xc2\xa0offers\xc2\xa0choices\xc2\xa0so consumers can reach us whenever, wherever and however it's most convenient - online at progressive.com, by phone at\xc2\xa01-800-PROGRESSIVE, on a mobile device or in-person with a local agent.\nProgressive\xc2\xa0provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it\xc2\xa0is the third largest auto insurer in the country, a leading seller of motorcycle and commercial auto insurance , and one of the top 15 homeowners insurance carriers .\nFounded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price\xc2\xae, Snapshot\xc2\xae, and HomeQuote Explorer\xc2\xae.\nThe Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.\n"

Key Points: 
  • b"See Progressive\xe2\x80\x99s complete monthly earnings release for additional information.\nThe\xc2\xa0Progressive Group of Insurance Companies\xc2\xa0makes it easy to understand, buy and use auto insurance .\xc2\xa0Progressive\xc2\xa0offers\xc2\xa0choices\xc2\xa0so consumers can reach us whenever, wherever and however it's most convenient - online at progressive.com, by phone at\xc2\xa01-800-PROGRESSIVE, on a mobile device or in-person with a local agent.\nProgressive\xc2\xa0provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it\xc2\xa0is the third largest auto insurer in the country, a leading seller of motorcycle and commercial auto insurance , and one of the top 15 homeowners insurance carriers .\nFounded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price\xc2\xae, Snapshot\xc2\xae, and HomeQuote Explorer\xc2\xae.\nThe Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.\n"

The Cincinnati Insurance Company Partners with Cambridge Mobile Telematics to Reduce Distracted Driving

Retrieved on: 
Tuesday, May 18, 2021

On top of protecting drivers\' data and facilitating access to services, MyCincinnati now protects drivers from dangerous behavior.

Key Points: 
  • On top of protecting drivers\' data and facilitating access to services, MyCincinnati now protects drivers from dangerous behavior.
  • We are grateful for the cooperation of CMT as their experience demonstrates a simple app can make all the difference when it comes to distracted driving.
  • For more information, watch the video here: https://www.cinfin.com/mobile/ridewell\nCincinnati Financial Corporation offers primarily business, home and auto insurance through TheCincinnati Insurance Company and its two standard market property casualty companies.
  • The same local independent insurance agencies that market those policies may offer products of our other subsidiaries, including life insurance, fixed annuities and surplus lines property and casualty insurance.

Metromile Announces First Quarter 2021 Results

Retrieved on: 
Monday, May 17, 2021

b'SAN FRANCISCO, May 17, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (\xe2\x80\x9cMetromile\xe2\x80\x9d) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2021 in its shareholder letter.

Key Points: 
  • b'SAN FRANCISCO, May 17, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (\xe2\x80\x9cMetromile\xe2\x80\x9d) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2021 in its shareholder letter.
  • The letter is accessible on Metromile\xe2\x80\x99s investor relations website at ir.metromile.com .\nMetromile will hold a conference call to discuss the results at 5:00 pm ET / 2:00 pm PT.
  • A live webcast of the conference call will be available on Metromile\xe2\x80\x99s investor relations website at ir.metromile.com .
  • With data science as its foundation, Metromile offers real-time, personalized auto insurance policies by the mile instead of the industry\xe2\x80\x99s reliance on approximations that have historically made prices unfair.

What Is Pay-Per-Mile Car Insurance and How Drivers Can Pay Less on Their Premiums

Retrieved on: 
Thursday, May 13, 2021

b'For more info and free car insurance quotes, visit https://compare-autoinsurance.org/why-drivers-should-get-pay-per-mile-ca...\nDrivers who are no longer using their vehicles as much as they used before, can save some money when getting a car insurance policy.

Key Points: 
  • b'For more info and free car insurance quotes, visit https://compare-autoinsurance.org/why-drivers-should-get-pay-per-mile-ca...\nDrivers who are no longer using their vehicles as much as they used before, can save some money when getting a car insurance policy.
  • However, since it is required by law, cutting out car insurance entirely from their expenses is not an option for these drivers.
  • Back in the mid-1980s, the National Organization for Women filed a class-action lawsuit against the car insurance industry, claiming discrimination.
  • They claimed that car insurance providers were charging more for policies covering women drivers, even though statically, women have fewer accidents.

Mojio and Pouch Partner to Provide Small Businesses with Free Fleet Management Software and Discounted Commercial Auto Insurance

Retrieved on: 
Tuesday, May 11, 2021

b"SAN JOSE, CA, May 11, 2021 (GLOBE NEWSWIRE) -- Mojio , a leading connected mobility platform and SaaS solutions provider, has announced a new strategic partnership with Pouch to provide small businesses with free fleet management software and access to discounted commercial auto insurance rates.

Key Points: 
  • b"SAN JOSE, CA, May 11, 2021 (GLOBE NEWSWIRE) -- Mojio , a leading connected mobility platform and SaaS solutions provider, has announced a new strategic partnership with Pouch to provide small businesses with free fleet management software and access to discounted commercial auto insurance rates.
  • Add in discounts of up to 20% on commercial auto insurance rates for safe driving, and small businesses stand to save thousands of dollars every single year.\n\xe2\x80\x9cFor far too long, small business owners have been stuck with clunky fleet management software and traditional auto insurance products that are simply too expensive,\xe2\x80\x9d said Mojio CEO, Kenny Hawk.
  • That\xe2\x80\x99s why we\xe2\x80\x99re including Force by Mojio vehicle tracking and fleet management software for free,\xe2\x80\x9d said Steve McKay, Founder and CEO of Pouch.
  • With Pouch, small business owners can better track and manage their fleet and lower their bills.

Pouch Launches Simpler, Smarter Alternative to Traditional Commercial Auto Insurance

Retrieved on: 
Tuesday, May 11, 2021

b"Pouch today launched a simple, no-hassle commercial auto insurance that rewards small businesses for safe driving.

Key Points: 
  • b"Pouch today launched a simple, no-hassle commercial auto insurance that rewards small businesses for safe driving.
  • Now available in Illinois, Pouch will be rolling out to additional states in the coming months.\n\xe2\x80\x9cUnlike traditional commercial insurance, we\xe2\x80\x99re not just here when you have a claim to report.
  • We make it affordable to get information that keeps your employees and your business assets safe,\xe2\x80\x9d said Steve McKay, Founder and CEO of Pouch.
  • With instant quotes, simple sign up, and discounted rates based on your actual driving, Pouch offers a faster and smarter way to buy commercial auto insurance.

Just Insure expands pay-per-mile insurance to include full auto coverage in Arizona

Retrieved on: 
Tuesday, May 11, 2021

b'LOS ANGELES, May 11, 2021 /PRNewswire/ -- Just Insure , Arizona\'s premier pay-per-mile insurance provider, has expanded its app-based auto insurance to include collision, comprehensive, full-glass and liability coverage for eligible drivers in Arizona.\nJust Insure wants to encourage motorists to drive safely by rewarding them with lower premiums.

Key Points: 
  • b'LOS ANGELES, May 11, 2021 /PRNewswire/ -- Just Insure , Arizona\'s premier pay-per-mile insurance provider, has expanded its app-based auto insurance to include collision, comprehensive, full-glass and liability coverage for eligible drivers in Arizona.\nJust Insure wants to encourage motorists to drive safely by rewarding them with lower premiums.
  • "Our vision is to make auto insurance accessible to everyone, regardless of age, income, marital status or credit scores.
  • Just Insure features minimum liability or full coverage offerings as well as optional coveragesuninsured and underinsured.
  • "Just" and "Just Insure" are brand names of Just Auto Insurance, Inc. Policies in Arizona are underwritten by Just Auto Insurance, Inc. For more information visit just.insure .\n'