Metromile will provide Ford connected vehicle owners with personalized car insurance, the company announced. The aim is to offer affordable and fairer insurance that would bring drivers more value from their connected vehicles.
The startup uses telematics and artificial intelligence to deliver real-time, sensor-based pricing based on more than 3 billion miles of driving.
Owners of eligible Ford vehicles with built-in connectivity will be able to opt in and connect their vehicle to Metromile. The insurance company will then count any miles driven directly from the vehicle’s odometer without any additional equipment. The customers who don’t have factory-fitted connectivity in their vehicle, connect the Pulse device, a small wireless device, to their vehicle’s onboard diagnostic port.
The company also has a claims assistant known as AVA that uses artificial intelligence to verify claims within seconds and guide drivers through filing a claim, including collecting damage photos, finding repair shops, or scheduling a rental car when relevant.
Metromile has concept of “virtual witness,” that can reconstruct the scene of an accident hence helping to remove ambiguity from car accidents, disputes or liability concerns can resolve and pay claims faster.
The agreement with Ford is first of any such agreement by the San Francisco-based car insurance startup with a major manufacturer.
