Dynamic auto insurance policy quote creation based on tracked user data
US9141996B2 · kind B2 · utility
200Cited by
22References
27Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 10, 2014 |
| Grant date | Sep 22, 2015 |
| Priority date | — |
| Expiry date | Mar 10, 2034 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04W4/40
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method may create auto insurance quotes using data collected from a device that tracks vehicle usage data and other data. Usage data may be tracked by an On Board Diagnostic (OBD) device or other portable computing device such as a smart phone. Based on a received coverage type, the usage data and other data may be analyzed to determine auto insurance quotes. A potential customer may then purchase an auto insurance policy. Once the purchased policy has been determined to have expired, new usage data will be collected, and new quotes will be created for the customer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.