Esurance Introduces Oregon Drivers to Mileage-Based Insurance Policy

Esurance, the direct-to-consumer insurance company, announced a new mileage-based insurance offering called Esurance Pay Per Mile, available first to Oregon drivers.

Almost a quarter of Portland’s 300,000 plus workers ride transit, bike or walk to their jobs.

The new product may be a solution for drivers who have a low annual mileage or flexible commuting options. It offers the same coverage options as an unlimited-mileage policy, but the less miles driven, the more money saved. If no miles are driven in a given month, there is only a low monthly base cost. If a road trip is planned, there is only a charge up to a maximum of 150 miles in a day.

Esurance automatically tracks mileage and GPS location through a small device that easily plugs into a port in the dashboard of your vehicle known as the OBD-II port1.

Source: Esurance