Ford Partners With Metromile For Insurance On New Cars (CNBC)

Ford Partners With Metromile For Insurance On New Cars

  Friday, September 4th, 2020 Source: CNBC

Ford is giving new car buyers a way to save money on insurance now that millions of Americans are working from home and driving less than they were before the coronavirus hit the U.S.

The automaker said Thursday it is partnering with start-up insurer Metromile to give drivers easier access to the company’s pay-per-mile insurance offering.

When drivers sign up on Metromile’s app or website, the odometer on their new Ford will immediately connect to Metromile’s software, which will start tracking miles.

Car insurers have faced controversy in the six months since Covid-19 forced offices around the country to close and put an end to live events and group gatherings.

Major insurers said in April that they would start providing refunds, credits or rate cuts to customers because of the plunge in drive time, but a number of class-action lawsuits have been filed by consumers who said they should have been given bigger discounts.

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