Total loss evaluation and handling system and method
First Claim
1. A telematics-based method of detecting and processing a loss involving an insured vehicle comprising:
- receiving, by a total loss evaluation and handling system, vehicle telematics data from a vehicle telematics device configured to detect and monitor vehicle characteristics of the insured vehicle, the vehicle characteristics including at least deceleration data;
determining, by the total loss evaluation and handling system, that the loss involving the insured vehicle has occurred based on at least the deceleration data detected by the vehicle telematics device;
selecting, by the total loss evaluation and handling system using a total loss evaluator, a set of total loss rules configured to determine whether the loss is a total loss;
applying, by the total loss evaluator, at least one of the total loss rules selected to at least a portion of the vehicle telematics data received, wherein the at least one of the total loss rules is configured to determine that the loss is a total loss when a deceleration of the insured vehicle, determined from the deceleration data, exceeded a predetermined deceleration threshold when the loss occurred and wherein the vehicle telematics data is detected at a time when the loss occurred;
determining, by the total loss evaluator, that the loss is a total loss based on at least one of the total loss rules applied, wherein determining that the loss is a total loss based on the at least one of the total loss rules applied comprises determining that the deceleration data when the loss occurred exceeded the predetermined deceleration threshold;
obtaining, by the total loss evaluation and handling system using a total loss handler, an estimated value of the insured vehicle;
generating, by the total loss evaluation and handling system using the total loss handler, a settlement amount based on the estimated value; and
initiating, by the total loss evaluation and handling system using the total loss handler, a payment corresponding to the settlement amount to an individual associated with the insured vehicle as settlement for the total loss.
1 Assignment
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Accused Products
Abstract
Aspects of the disclosure describe systems and methods for handling a loss involving an insured vehicle. A total loss evaluation and handling system receives vehicle telematics data from a vehicle telematics device that monitors the vehicle. The total loss evaluation and handling system determines that a loss involving the vehicle has occurred, and a total loss evaluator selects a set of total loss rules configured to determine whether the loss is a total loss. The total loss evaluator applies the total loss rules selected to the vehicle telematics data received and determines whether the loss is a total loss based on the total loss rules applied. A total loss handler obtains an estimated value of the vehicle and generates a settlement amount based on the estimated value. The total loss handler initiates a payment corresponding to the settlement amount as settlement for the total loss.
253 Citations
20 Claims
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1. A telematics-based method of detecting and processing a loss involving an insured vehicle comprising:
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receiving, by a total loss evaluation and handling system, vehicle telematics data from a vehicle telematics device configured to detect and monitor vehicle characteristics of the insured vehicle, the vehicle characteristics including at least deceleration data; determining, by the total loss evaluation and handling system, that the loss involving the insured vehicle has occurred based on at least the deceleration data detected by the vehicle telematics device; selecting, by the total loss evaluation and handling system using a total loss evaluator, a set of total loss rules configured to determine whether the loss is a total loss; applying, by the total loss evaluator, at least one of the total loss rules selected to at least a portion of the vehicle telematics data received, wherein the at least one of the total loss rules is configured to determine that the loss is a total loss when a deceleration of the insured vehicle, determined from the deceleration data, exceeded a predetermined deceleration threshold when the loss occurred and wherein the vehicle telematics data is detected at a time when the loss occurred; determining, by the total loss evaluator, that the loss is a total loss based on at least one of the total loss rules applied, wherein determining that the loss is a total loss based on the at least one of the total loss rules applied comprises determining that the deceleration data when the loss occurred exceeded the predetermined deceleration threshold; obtaining, by the total loss evaluation and handling system using a total loss handler, an estimated value of the insured vehicle; generating, by the total loss evaluation and handling system using the total loss handler, a settlement amount based on the estimated value; and initiating, by the total loss evaluation and handling system using the total loss handler, a payment corresponding to the settlement amount to an individual associated with the insured vehicle as settlement for the total loss. - View Dependent Claims (2, 3, 4, 5, 6, 7, 17, 18)
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8. A telematics-based total loss detection and processing system comprising:
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at least one processor; a vehicle telematics data store that stores vehicle telematics data received from a vehicle telematics device configured to detect and monitor vehicle characteristics of an insured vehicle, the vehicle characteristics including at least acceleration data; a total loss evaluator configured to; determine that a loss involving the insured vehicle has occurred based on at least the acceleration data detected by the vehicle telematics device, select a set of total loss rules configured to determine whether the loss is a total loss, apply at least one of the total loss rules selected to at least a portion of the vehicle telematics data received, wherein the at least one of the total loss rules is configured to determine that the loss is a total loss when an acceleration of the insured vehicle determined from the acceleration data, exceeded a predetermined acceleration threshold when the loss occurred and wherein the acceleration data is detected at a time when the loss occurred, and determine that the loss is a total loss based on at least one of the total loss rules applied, wherein determining that the loss is a total loss based on the at least one of the total loss rules applied comprises determining that the acceleration data when the loss occurred exceeded the predetermined acceleration threshold; and a total loss handler configured to; obtain an estimated value of the insured vehicle, generate a settlement amount based on the estimated value, and initiate a payment corresponding to the settlement amount to an individual associated with the insured vehicle as settlement for the total loss. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A telematics-based method of detecting and processing a loss involving an insured vehicle comprising:
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receiving, by a total loss evaluation and handling system, vehicle telematics data from a vehicle telematics device configured to detect and monitor vehicle characteristics of the insured vehicle, the vehicle characteristics including at least movement data of the insured vehicle; determining, by the total loss evaluation and handling system, that the loss involving the insured vehicle has occurred; receiving, by the total loss evaluation and handling system from a computing device operated by an individual associated with the insured vehicle, vehicle condition information identifying damage that has occurred to one or more portions of the insured vehicle; selecting, by the total loss evaluation and handling system using a total loss evaluator, a set of total loss rules configured to determine whether the loss is a total loss; applying, by the total loss evaluation and handling system using the total loss evaluator, at least one of the total loss rules selected to at least a portion of the vehicle telematics data received and at least one of the total loss rules selected to at least a portion of the vehicle condition information received, wherein the at least one of the total loss rules is configured to determine that the loss is a total loss when a number of rollovers of the insured vehicle, determined based on the detected movement data of the vehicle, exceeded a predetermined rollover threshold when the loss occurred and wherein the movement data is detected at a time when the loss occurred; determining, by the total loss evaluation and handling system using the total loss evaluator, that the loss is a total loss based on at least one of the total loss rules applied, wherein determining that the loss is a total loss based on the at least one of the total loss rules applied comprises determining that rollover data when the loss occurred exceeded the predetermined rollover threshold; obtaining, by the total loss evaluation and handling system using a total loss handler, an estimated value of the insured vehicle; generating, by the total loss evaluation and handling system using the total loss handler, a settlement amount based on the estimated value; initiating, by the total loss evaluation and handling system using the total loss handler, a payment corresponding to the settlement amount to the individual as settlement for the total loss; submitting, to a car rental system using the total loss handler, a car rental request that identifies a geographic location of the insured vehicle indicated in a portion of the vehicle telematics data received; and submitting, to a tow service system using the total loss handler, a tow service request that identifies the geographic location of the insured vehicle and that identifies a unique identifier associated with the insured vehicle indicated in a portion of the vehicle telematics data received. - View Dependent Claims (16, 19, 20)
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Specification