Insurance underwriting and re-underwriting implementing unmanned aerial vehicles (UAVS)
First Claim
1. A computer-implemented method of underwriting insurance based upon drone data, the method comprising:
- capturing drone data, by one or more unmanned aerial vehicles communicatively coupled to one or more sensors configured to capture the drone data, including;
navigating to an area surrounding an asset insured or potentially insured by an insurance provider via an insurance policy;
collecting samples of data;
analyzing the samples of data; and
storing the samples of data as the drone data,wherein the one or more sensors include at least one of a soil sample extractor, a wood sample extractor, a spectrometer, a heat sensor, an ultrasonic sensor, an image sensor, or a volumetric moisture content sensor, and wherein the drone data corresponds to the insured asset;
receiving, at one or more processors, the drone data captured by the one or more sensors communicatively coupled to the one or more unmanned aerial vehicles, wherein the drone data corresponds to the insured or potentially insured asset;
analyzing, by the one or more processors, the drone data corresponding to the insured or potentially insured asset to identify one or more risk elements associated with the insured or potentially insured asset;
determining, by the one or more processors, an amount of risk associated with each of the one or more risk elements; and
generating, by the one or more processors, insurance policy data for the insurance policy corresponding to the insured or potentially insured asset based upon the amount of risk associated with each of the one or more risk elements to facilitate performing an accurate and efficient underwriting or re-underwriting process using data collected by the one or more unmanned aerial vehicles.
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0 Petitions
Accused Products
Abstract
Unmanned aerial vehicles (UAVs) may facilitate insurance-related tasks. UAVs may actively be dispatched to an area surrounding an insured or potentially insured asset, such as with the insurance customer'"'"'s permission, and collect data related to the insured or potentially insured asset, such as size, height, roof shape, materials (siding, roofing), etc. which may form a basis of the underwriting detail used to evaluate a property. The drone data may reveal site characteristics, such as slope or grade of a parcel; the proximity to other structures (and their uses); trees; rivers; coastlines; and earthquake faults. The drone data may be used by an insurance provider remote server to assess the risk associated with an insured asset, generate or modify an insurance premium or discount, etc. The drone data may also be used to mitigate risk and prevent loss by alerting policyholders of the risk such that corrective action may be taken.
129 Citations
19 Claims
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1. A computer-implemented method of underwriting insurance based upon drone data, the method comprising:
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capturing drone data, by one or more unmanned aerial vehicles communicatively coupled to one or more sensors configured to capture the drone data, including; navigating to an area surrounding an asset insured or potentially insured by an insurance provider via an insurance policy; collecting samples of data; analyzing the samples of data; and storing the samples of data as the drone data, wherein the one or more sensors include at least one of a soil sample extractor, a wood sample extractor, a spectrometer, a heat sensor, an ultrasonic sensor, an image sensor, or a volumetric moisture content sensor, and wherein the drone data corresponds to the insured asset; receiving, at one or more processors, the drone data captured by the one or more sensors communicatively coupled to the one or more unmanned aerial vehicles, wherein the drone data corresponds to the insured or potentially insured asset; analyzing, by the one or more processors, the drone data corresponding to the insured or potentially insured asset to identify one or more risk elements associated with the insured or potentially insured asset; determining, by the one or more processors, an amount of risk associated with each of the one or more risk elements; and generating, by the one or more processors, insurance policy data for the insurance policy corresponding to the insured or potentially insured asset based upon the amount of risk associated with each of the one or more risk elements to facilitate performing an accurate and efficient underwriting or re-underwriting process using data collected by the one or more unmanned aerial vehicles. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system for underwriting insurance based upon drone data comprising:
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one or more unmanned aerial vehicles communicatively coupled to one or more sensors including at least one of a soil sample extractor, a wood sample extractor, a spectrometer, a heat sensor, an ultrasonic sensor, an image sensor, or a volumetric moisture content sensor, the one or more unmanned aerial vehicles configured to capture drone data including; navigate to an area surrounding an asset insured or potentially insured by an insurance provider via an insurance policy; collect samples of data; analyze the samples of data; and store the samples of data as the drone data, wherein the drone data corresponds to the insured or potentially insured asset; one or more processors; a communication network; a non-transitory computer-readable memory coupled to the one or more processors, and the communication network, and storing thereon instructions that, when executed by the one or more processors, cause the system to; receive, via the communication network, the drone data captured by the one or more sensors communicatively coupled to the one or more unmanned aerial vehicles; analyze the drone data corresponding to the insured or potentially insured asset to determine one or more risk elements associated with the insured or potentially insured asset; determine an amount of risk associated with each of the one or more risk elements; and generate insurance policy data for the insurance policy corresponding to the insured or potentially insured asset based upon the amount of risk associated with each of the one or more risk elements to facilitate performing an accurate and efficient underwriting or re-underwriting process using data collected by the one or more unmanned aerial vehicles. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19)
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Specification