Systems and methods for generating usage-based insurance contracts for peer-to-peer transactions
US10832335B1 · kind B1 · utility
5Cited by
6References
17Claims
0Family size
Assignee
Inventor
Key dates
| Filing date | May 1, 2017 |
| Grant date | Nov 10, 2020 |
| Priority date | — |
| Expiry date | Apr 24, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0611
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for generating and managing usage-based insurance contracts configured to (i) store a plurality of offers for sharing transactions, where each of the plurality of offers includes an item being offered and an associated offerer; (ii) receive a selection from a buyer of an offer that is accepted by the buyer of the plurality of offers; (iii) automatically generate a usage-based insurance contract for the sharing transaction based on the offer; and (iv) transmit the insurance contract to at least one of the buyer and the associated offerer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.