Overview
Mile Auto is a direct-to-consumer personal auto insurance carrier headquartered in Atlanta, Georgia, offering pay-per-mile coverage in eight U.S. states: Arizona, Colorado, Florida, Georgia, Ohio, Oregon, Tennessee, and Texas. The company targets drivers who travel fewer than 10,000 miles per year -- a segment the company estimates represents 65% of U.S. drivers, who are effectively overcharged by traditional flat-premium pricing.
Policies are structured as a two-part billing model: a fixed monthly base rate plus a per-mile charge. Rather than requiring GPS devices, hardware dongles, or always-on smartphone tracking, Mile Auto uses a patented computer vision system to read customers' monthly odometer photos submitted via email. The technology verifies mileage and detects vehicle year, make, and model while also identifying signs of odometer tampering. The company integrates with Verisk's Discount Alert and DrivingDNA Mileage telematics solutions for connected vehicle data across a network representing approximately 50% of new U.S. vehicle sales.
Mile Auto is a privately held, venture-backed carrier that has raised approximately USD 18.8M across three rounds since 2021. The company operates a subsidiary product, Porsche Auto Insurance, in partnership with Porsche Financial Services, Inc., which was its first product to market in 2019 and offers agreed-value coverage with Porsche-certified repair services. In 2025, Mile Auto was named to the Inc. 5000 list of fastest-growing private companies in America.