PriyaPatel
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TLDR:
- VIU by HUB partners with Mile Auto for innovative car insurance solution
- Collaboration introduces pay-per-mile insurance model based on individual driving habits
Key Elements:
VIU by HUB, an omnichannel insurance brokerage platform, has partnered with Mile Auto to introduce an innovative solution for accessing affordable car insurance based on individual driving habits. This collaboration enables VIU customers to benefit from Mile Auto’s pay-per-mile insurance model, allowing them to pay only for the miles they drive, coupled with a low monthly base rate.
By combining VIU’s omnichannel distribution capabilities with Mile Auto’s tech-driven insurance offerings, both companies aim to enhance customer satisfaction, drive business growth, and address evolving insurance needs in the market.
VIU serves as an omnichannel distributor, offering customers the ability to shop for and compare personal insurance coverage options from various carriers, including auto, renters, landlord, pet, and life insurance. Mile Auto employs computer vision and decision analytics to provide pay-per-mile auto insurance options, allowing drivers to pay premiums based on their actual mileage, potentially offering financial savings for low-mileage drivers.
Bryan Davis, EVP and Head of VIU, stated, “VIU continues to deliver differentiated, personalized, and innovative solutions to customers and partners. This partnership is a win-win for all parties involved.”
Fred Blumer, CEO of Mile Auto, added, “As insurance premiums continue to rise and driving patterns evolve, it’s critical for customers to have personalized options. We are excited to leverage VIU’s distribution to enhance the customer experience.”
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