Predictive analytics for assessing property using external data
US11556995B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 17, 2018 |
| Grant date | Jan 17, 2023 |
| Priority date | — |
| Expiry date | Oct 17, 2038 |
Classification
- Technology area (CPC B)Performing Operations; Transporting
- CPC primaryB64U2101/30
- WIPO fieldTransport
- WIPO sectorMechanical engineering
Abstract
Methods and systems for assessing property based on predictive analytics techniques that use external data are described herein. A server may identify a reference set of information for a reference property evaluated with a reference risk score in accordance with a risk score rule that meets a predetermined threshold. The server may obtain an external data file from an external data source, wherein the external data file includes an external set of information for a prospective property. The server may compare the reference set of information with the external set of information to identify a common feature, condition, or attribute, and if identified, may evaluate the prospective property by determining a predicted risk score based on the external set of information in accordance with the risk score rule. If the predicted risk score is determined to meet the threshold, the server may indicate the prospective property as pre-approved.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.