Metromile Insurance Company has submitted its initial rate and rule filing in Maryland to introduce a Pet Insurance program under the Inland Marine line (TOI 09.0), effective February 18, 2026, for new business and February 18, 2027, for renewals. The filing establishes the company’s foundational rating structure and manual for the product.

The proposed annual base rate is $468.49, with a selected fixed expense of $120 per policy. Countrywide expense data from 2024—based on 552,013 policies and $285.2 million in written premium—informs the filing’s actuarial assumptions. The Permissible Loss Ratio (PLR) is derived using selected expense ratios, including a profit and contingency margin of 6.5%. Other acquisition expenses are set at 16.02% of written premium, while commissions are set at 0.00%, consistent with a direct distribution model.

This filing serves to establish actuarial support for Metromile’s entry into pet insurance, expanding beyond its telematics-driven auto insurance foundation. The submission includes the initial Rating Order of Calculations and Pet Insurance Manual.