Method and system for insuring real property in wildfire prone areas
US8650048B1 · kind B1 · utility
144Cited by
1References
21Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Apr 28, 2010 |
| Grant date | Feb 11, 2014 |
| Priority date | — |
| Expiry date | Aug 28, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of providing an insurance policy for a home includes providing a computer having a processor and deploying a plurality of sensors in a vicinity of the home. The method also includes receiving data from the plurality of sensors. The data includes information related to environmental factors associated with the home. The method further includes transmitting the information related to the environmental factors to the computer, computing, by the processor, a fire risk associated with the home using the information, and computing, by the processor, an insurance premium for the insurance policy using the computed fire risk.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.