Methods of providing insurance savings based upon telematics and insurance incentives
First Claim
1. A computer-implemented method for providing insurance-based incentives or recommendations for vehicle insurance, comprising:
- collecting, at one or more processors, telematics data associated with driving behavior of an insured driver from one or more sensors;
analyzing, by one or more processors, the collected telematics data to determine the following usage characteristics for the insured driver;
(i) driving characteristics associated with the driving behavior of the insured driver, and(ii) driving environments associated with the driving behavior of the insured driver, wherein each driving environment includes a location and the location is associated with a frequency index indicating an amount of time the insured driver spends driving in the location;
determining, by one or more processors, a driving behavior summary for the insured driver based upon the determined usage characteristics;
determining, by one or more processors, one or more risky driving behaviors of the insured driver based upon the driving behavior summary, wherein the one or more risky driving behaviors include interactions of the insured driver with distracting features or components within a vehicle while controlling the vehicle, and wherein the one or more risky driving behaviors are weighted according to the frequency index;
determining, by one or more processors, one or more recommendations to be implemented by the insured driver based upon the one or more risky driving behaviors, wherein the one or more recommendations include one or more changes to control actions to be taken by the insured driver while controlling the vehicle in order to reduce one or more risks associated with the determined one or more risky driving behaviors, wherein the one or more changes to control actions include one or more of the following;
reducing speed, increasing following distance, or following an alternative route;
causing, by one or more processors, the one or more recommendation to be transmitted to a computing device associated with the insured driver and presented to the insured driver; and
limiting, by one or more processors, operation of the distracting features or components while the insured driver is controlling the vehicle.
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Accused Products
Abstract
A system and method may collect telematics and/or other data, and apply the data to insurance-based applications. From the data, an insurance provider may determine accurate vehicle usage information, including information regarding who is using a vehicle and under what conditions. An insurance provider may likewise determine risk levels or a risk profile for an insured driver (or other drivers), which may be used to adjust automobile or other insurance policies. The insurance provider may also use the data collected to adjust behavior based insurance using incentives, recommendations, or other means. For customers that opt-in to the data collection program offered, the present embodiments present the opportunity to demonstrate a low or moderate risk lifestyle and the chance for insurance-related savings based upon that low or moderate risk.
1023 Citations
20 Claims
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1. A computer-implemented method for providing insurance-based incentives or recommendations for vehicle insurance, comprising:
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collecting, at one or more processors, telematics data associated with driving behavior of an insured driver from one or more sensors; analyzing, by one or more processors, the collected telematics data to determine the following usage characteristics for the insured driver; (i) driving characteristics associated with the driving behavior of the insured driver, and (ii) driving environments associated with the driving behavior of the insured driver, wherein each driving environment includes a location and the location is associated with a frequency index indicating an amount of time the insured driver spends driving in the location; determining, by one or more processors, a driving behavior summary for the insured driver based upon the determined usage characteristics; determining, by one or more processors, one or more risky driving behaviors of the insured driver based upon the driving behavior summary, wherein the one or more risky driving behaviors include interactions of the insured driver with distracting features or components within a vehicle while controlling the vehicle, and wherein the one or more risky driving behaviors are weighted according to the frequency index; determining, by one or more processors, one or more recommendations to be implemented by the insured driver based upon the one or more risky driving behaviors, wherein the one or more recommendations include one or more changes to control actions to be taken by the insured driver while controlling the vehicle in order to reduce one or more risks associated with the determined one or more risky driving behaviors, wherein the one or more changes to control actions include one or more of the following;
reducing speed, increasing following distance, or following an alternative route;causing, by one or more processors, the one or more recommendation to be transmitted to a computing device associated with the insured driver and presented to the insured driver; and limiting, by one or more processors, operation of the distracting features or components while the insured driver is controlling the vehicle. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A computer system for providing insurance-based incentives or recommendations for vehicle insurance, comprising:
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one or more processors; one or more communication modules adapted to communicate data; and a program memory coupled to the one or more processors and storing executable instructions that when executed by the one or more processors cause the computer system to; collect telematics data associated with driving behavior of an insured driver from one or more sensors via the one or more communication modules; analyze the collected telematics data to determine the following usage characteristics for the insured driver; (i) driving characteristics associated with the driving behavior of the insured driver, and (ii) driving environments associated with the driving behavior of the insured driver, wherein each driving environment includes a location and the location is associated with a frequency index indicating an amount of time the insured driver spends driving in the location; determine a driving behavior summary for the insured driver based upon the determined usage characteristics; determine one or more risky driving behaviors of the insured driver based upon the driving behavior summary, wherein the one or more risky driving behaviors include interactions of the insured driver with distracting features or components within a vehicle while controlling the vehicle, and wherein the one or more risky driving behaviors are weighted according to the frequency index; determine one or more recommendations to be implemented by the insured driver based upon the one or more risky driving behaviors, wherein the one or more recommendations include one or more changes to control actions to be taken by the insured driver while controlling the vehicle in order to reduce one or more risks associated with the determined one or more risky driving behaviors, wherein the one or more changes to control actions include one or more of the following;
reducing speed, increasing following distance, or following an alternative route;cause the one or more recommendation to be transmitted to a computing device associated with the insured driver via the one or more communication modules and presented to the insured driver; and limit operation of the distracting features or components while the insured driver is controlling the vehicle. - View Dependent Claims (10, 11, 12, 13, 14)
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15. A tangible, non-transitory computer-readable medium storing instructions for providing insurance-based incentives or recommendations for vehicle insurance that, when executed by one or more processors of a computer system, cause the computer system to:
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collect telematics data associated with driving behavior of an insured driver from one or more sensors; analyze the collected telematics data to determine the following usage characteristics for the insured driver; (i) driving characteristics associated with the driving behavior of the insured driver, and (ii) driving environments associated with the driving behavior of the insured driver, wherein each driving environment includes a location and the location is associated with a frequency index indicating an amount of time the insured driver spends driving in the location; determine a driving behavior summary for the insured driver based upon the determined usage characteristics; determine one or more risky driving behaviors of the insured driver based upon the driving behavior summary, wherein the one or more risky driving behaviors include interactions of the insured driver with distracting features or components within a vehicle while controlling the vehicle, and wherein the one or more risky driving behaviors are weighted according to the frequency index; determine one or more recommendations to be implemented by the insured driver based upon the one or more risky driving behaviors, wherein the one or more recommendations include one or more changes to control actions to be taken by the insured driver while controlling a vehicle in order to reduce one or more risks associated with the determined one or more risky driving behaviors, wherein the one or more changes to control actions include one or more of the following;
reducing speed, increasing following distance, or following an alternative route; andcause the one or more recommendation to be transmitted to a computing device associated with the insured driver and presented to the insured driver; and limit operation of the distracting features or components while the insured driver is controlling the vehicle. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification