Method and apparatus for generating an automobile insurance endorsement

• US 20030171959A1
• Filed: 02/04/2003
• Published: 09/11/2003
• Est. Priority Date: 02/06/2002
• Status: Abandoned Application

• Current Assignee: Harleysville Mutual Insurance Company (Nationwide Mutual Insurance Company)
• Original Assignee: Harleysville Mutual Insurance Company (Nationwide Mutual Insurance Company)
• Inventors: Galloway, David
• Application Number:
  US10/358,046
• Publication Number:
  US 20030171959A1
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

A method of establishing a policy modification for restoration of an automobile to pre-damage condition is disclosed. This method utilizes allowable parts in automobile repair in accordance with an insurance policy, including establishing a need to modify the policy, identifying a state of operation for the policy, identifying controlling legal authority for the policy, and modifying the policy. The restoration of a an automobile to a pre-damage condition includes using nonoriginal equipment manufacturer aftermarket crash parts, original equipment manufacturer crash parts, reconditioned parts, restoration parts, used parts, and repair parts sufficient to restore the automobile to its pre-damaged condition. The modifying of the policy includes a filtering of a comparison of the controlling legal authority to the one or more of the group.

Claims

1. A method of establishing a policy modification utilizing allowable parts in automobile repair in accordance with an insurance policy, comprising;

establishing a need to modify the policy;

identifying a state of operation for the policy;

identifying controlling legal authority for the policy;

modifying the policy;

wherein restoration of an automobile to a pre-damage condition comprises using one or more of the group consisting of nonoriginal equipment manufacturer aftermarket crash parts, original equipment manufacturer crash parts, reconditioned parts, restoration parts, used parts, and repair parts sufficient to restore the automobile to its pre-damaged condition, and wherein said modifying comprises a filtering of a comparison of the controlling legal authority to the one or more of the group.

2. The method of claim 1, further comprising generating a dispute clause in accordance with the modification.

3. The method of claim 2, further comprising selecting language from an ISO policy relating to adjustments for depreciation and physical condition and betterment restoration for said generating.

4. The method of claim 3, further comprising filing the modification with the state of operation.

5. The method of claim 4, further comprising informing policyholders of the modification after state approval of said filing of the modification.