By Miles - Connected car insurance
By Miles offers pay-as-you-drive car insurance in the UK, aimed at those who drive fewer than 7,000 miles a year. The company launched its first pay-by-mile policies in July 2018, using a plug-in device called a Miles Tracker to count mileage, and has now sold over 20,000 policies.
Drivers pay a small upfront sum for an annual policy and are then billed at the end of each month for the miles they drive. This offers many drivers the opportunity to cut their bills if they mostly use their cars for regular short trips or at weekends.
By Miles launched the world's first Connected car insurance for owners of Tesla vehicles.
The company is authorised and regulated by the Financial Conduct Authority and won ‘Car Insurance Provider of the Year’ at the Insurance Choice Awards 2019.