Vehicle with automated insurance payment apparatus
US11416940B1 · kind B1 · utility
1Cited by
2References
28Claims
0Family size
Inventor
Key dates
| Filing date | Jul 6, 2016 |
| Grant date | Aug 16, 2022 |
| Priority date | — |
| Expiry date | Oct 26, 2037 |
Classification
- Technology area (CPC B)Performing Operations; Transporting
- CPC primaryB60W2540/00
- WIPO fieldTransport
- WIPO sectorMechanical engineering
Abstract
A vehicle with a monitoring device may be used for the adjustment of an insurance policy property by auctioning information obtained about the policy holder and the vehicle. The vehicle monitoring device transmits the information to a marketing provider server that will transform and categorize the information to generate advertisements by third-party businesses directed to the user vehicle. A fee is charged to the third-party business responsible for the advertisement to offset and reduce the insurance premium charged to that policy holder.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.