Route risk mitigation
First Claim
1. A system comprising:
- a vehicle;
a location detection unit located in the vehicle and configured to detect locations of the vehicle comprising at least a first location and a second location;
a computer processor communicatively coupled to the location detection unit; and
a computer memory storing instructions that, when executed by the computer processor, cause the computer processor to;
identify a total risk score associated with a vehicle insurance policy for the vehicle;
receive, from the location detection unit, information identifying a travel route of the vehicle and a current direction of travel of the vehicle along the travel route of the vehicle;
determine a route risk value for the travel route of the vehicle, wherein determining the route risk value for the travel route of the vehicle comprises determining the route risk value for the travel route of the vehicle based on the current direction of travel of the vehicle along the travel route of the vehicle and based on accident information associated with the travel route of the vehicle, wherein the accident information associated with the travel route of the vehicle comprises loss information associated with at least one accident occurrence along the travel route of the vehicle and direction information identifying a direction of travel associated with the at least one accident occurrence along the travel route of the vehicle;
adjust the total risk score associated with the vehicle insurance policy for the vehicle by deducting the route risk value determined for the travel route of the vehicle; and
if the total risk score associated with the vehicle insurance policy for the vehicle is not greater than zero after adjusting the total risk score associated with the vehicle insurance policy for the vehicle;
send, to a user device in the vehicle, information associated with an offer to renew the vehicle insurance policy for the vehicle before the vehicle insurance policy for the vehicle is terminated and while the travel route of the vehicle is being traveled by the vehicle,wherein sending the information associated with the offer to renew the vehicle insurance policy for the vehicle to the user device in the vehicle causes the user device in the vehicle to present a notification for a user of the user device in the vehicle with an option to renew the vehicle insurance policy for the vehicle.
3 Assignments
0 Petitions
Accused Products
Abstract
A method is disclosed for mitigating the risks associated with driving by assigning risk values to road segments and using those risk values to select less risky travel routes. Various approaches to helping users mitigate risk are presented. A computing device is configured to generate a database of risk values. That device may receive accident information, geographic information, vehicle information, and other information from one or more data sources and calculate a risk value for the associated road segment. Subsequently, the computing device may provide the associated risk value to other devices. Furthermore, a personal navigation device may receive travel route information and use that information to retrieve risk values for the road segments in the travel route. An insurance company may use this information to determine whether to adjust a quote or premium of an insurance policy. This and other aspects relating to using geographically encoded information to promote and reward risk mitigation are disclosed.
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Citations
20 Claims
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1. A system comprising:
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a vehicle; a location detection unit located in the vehicle and configured to detect locations of the vehicle comprising at least a first location and a second location; a computer processor communicatively coupled to the location detection unit; and a computer memory storing instructions that, when executed by the computer processor, cause the computer processor to; identify a total risk score associated with a vehicle insurance policy for the vehicle; receive, from the location detection unit, information identifying a travel route of the vehicle and a current direction of travel of the vehicle along the travel route of the vehicle; determine a route risk value for the travel route of the vehicle, wherein determining the route risk value for the travel route of the vehicle comprises determining the route risk value for the travel route of the vehicle based on the current direction of travel of the vehicle along the travel route of the vehicle and based on accident information associated with the travel route of the vehicle, wherein the accident information associated with the travel route of the vehicle comprises loss information associated with at least one accident occurrence along the travel route of the vehicle and direction information identifying a direction of travel associated with the at least one accident occurrence along the travel route of the vehicle; adjust the total risk score associated with the vehicle insurance policy for the vehicle by deducting the route risk value determined for the travel route of the vehicle; and if the total risk score associated with the vehicle insurance policy for the vehicle is not greater than zero after adjusting the total risk score associated with the vehicle insurance policy for the vehicle; send, to a user device in the vehicle, information associated with an offer to renew the vehicle insurance policy for the vehicle before the vehicle insurance policy for the vehicle is terminated and while the travel route of the vehicle is being traveled by the vehicle, wherein sending the information associated with the offer to renew the vehicle insurance policy for the vehicle to the user device in the vehicle causes the user device in the vehicle to present a notification for a user of the user device in the vehicle with an option to renew the vehicle insurance policy for the vehicle. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method comprising:
at a system comprising a vehicle, a location detection unit, a computer processor, and a computer memory; identifying, by the computer processor, a total risk score associated with a vehicle insurance policy for the vehicle; receiving, by the computer processor, from the location detection unit, information identifying a travel route of the vehicle and a current direction of travel of the vehicle along the travel route of the vehicle, wherein the location detection unit is located in the vehicle and is configured to detect locations of the vehicle comprising at least a first location and a second location; determining, by the computer processor, a route risk value for the travel route of the vehicle, wherein determining the route risk value for the travel route of the vehicle comprises determining the route risk value for the travel route of the vehicle based on the current direction of travel of the vehicle along the travel route of the vehicle and based on accident information associated with the travel route of the vehicle, wherein the accident information associated with the travel route of the vehicle comprises loss information associated with at least one accident occurrence along the travel route of the vehicle and direction information identifying a direction of travel associated with the at least one accident occurrence along the travel route of the vehicle; adjusting, by the computer processor, the total risk score associated with the vehicle insurance policy for the vehicle by deducting the route risk value determined for the travel route of the vehicle; and if the total risk score associated with the vehicle insurance policy for the vehicle is not greater than zero after adjusting the total risk score associated with the vehicle insurance policy for the vehicle; sending, by the computer processor, to a user device in the vehicle, information associated with an offer to renew the vehicle insurance policy for the vehicle before the vehicle insurance policy for the vehicle is terminated add and while the travel route of the vehicle is being traveled by the vehicle, wherein sending the information associated with the offer to renew the vehicle insurance policy for the vehicle to the user device in the vehicle causes the user device in the vehicle to present a notification for a user of the user device in the vehicle with an option to renew the vehicle insurance policy for the vehicle. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. One or more non-transitory computer-readable media storing instructions that, when executed by a computer processor of a system comprising a vehicle, a location detection unit, the computer processor, and a computer memory, cause the computer processor to:
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identify a total risk score associated with a vehicle insurance policy for the vehicle; receive, from the location detection unit, information identifying a travel route of the vehicle and a current direction of travel of the vehicle along the travel route of the vehicle, wherein the location detection unit is located in the vehicle and is configured to detect locations of the vehicle comprising at least a first location and a second location; determine a route risk value for the travel route of the vehicle, wherein determining the route risk value for the travel route of the vehicle comprises determining the route risk value for the travel route of the vehicle based on the current direction of travel of the vehicle along the travel route of the vehicle and based on accident information associated with the travel route of the vehicle, wherein the accident information associated with the travel route of the vehicle comprises loss information associated with at least one accident occurrence along the travel route of the vehicle and direction information identifying a direction of travel associated with the at least one accident occurrence along the travel route of the vehicle; adjust the total risk score associated with the vehicle insurance policy for the vehicle by deducting the route risk value determined for the travel route of the vehicle; and if the total risk score associated with the vehicle insurance policy for the vehicle is not greater than zero after adjusting the total risk score associated with the vehicle insurance policy for the vehicle; send, to a user device in the vehicle, information associated with an offer to renew the vehicle insurance policy for the vehicle before the vehicle insurance policy for the vehicle is terminated and while the travel route of the vehicle is being traveled by the vehicle, wherein sending the information associated with the offer to renew the vehicle insurance policy for the vehicle to the user device in the vehicle causes the user device in the vehicle to present a notification for a user of the user device in the vehicle with an option to renew the vehicle insurance policy for the vehicle. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification