Automatic generation of claim values in vehicle-related incidents using data from various sources

US12165105B1 · kind B1 · utility

Assignee

• United Services Automobile Association (USAA) · US

Inventors

• William Daniel Farmer · Carrollton, US
• Andre Rene Buentello · San Antonio, US
• Jose L. Romero, Jr. · San Antonio, US
• Priyadarshini Badugu · Frisco, US
• Will Kerns Maney · San Antonio, US
• Elena Marie Carrasco · Converse, US
• David Patrick Dixon · Boerne, US
• Subhalakshmi Selvam · Allen, US

Key dates

• Filing date: May 29, 2020
• Grant date: Dec 10, 2024
• Expiry date: Jun 19, 2041

Classification

• Technology area (CPC G): Physics
• CPC primary: G06V2201/08
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The present embodiments relate to automatic claim value generation. Particularly, the present embodiments include retrieving information from various sources and processing the data to derive an overview of damage to vehicles incurred during a vehicle accident, deriving an estimated value (or “cost”) to rectify the damage, and a client-specific claim value to be presented to the client representing a value to rectify the damage based on a policy corresponding to the client. The present embodiments provide an automated (or “touchless”) claim value payout system to provide a claim value specific to the client and the accident incurred by the client that is performed by a computing device without intervention by an operator.