Patent · US Active

Generation of an insurance quote based on another insurance quote

US11176615B1 · kind B1 · utility

1Cited by
18References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 22, 2014
Grant dateNov 16, 2021
Priority date
Expiry dateFeb 26, 2035

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/08
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computer-assisted method for generating one or more insurance quotes for a user is described herein. A computing device of an insurance provider may generate a first insurance quote for the user. The computing device may receive from a database information identifying contacts for the user. In response to determining that at least one of the contacts for the user is a customer of the insurance provider, an insurance quote for the customer may be accessed. The computing device may generate a second insurance quote for the user based on the insurance quote for the customer and the first insurance quote for the user. For example, the computing device may compare the insurance quote for the customer to the first insurance quote for the user. The first insurance quote may be adjusted to be within a predetermined amount of the insurance quote for the customer.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.