METHOD AND SYSTEM FOR AN INSURANCE AUDITOR TO AUDIT A PREMISE ALARM SYSTEM

• US 20060244589A1
• Filed: 03/10/2006
• Published: 11/02/2006
• Est. Priority Date: 03/10/2005
• Status: Abandoned Application

• Current Assignee: Paul Steven Schranz
• Original Assignee: Paul Steven Schranz
• Inventors: Schranz, Paul Steven
• Application Number:
  US11/308,194
• Publication Number:
  US 20060244589A1
• Time in Patent Office: Days
• US Class Current: 340/539.220
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

There is provided a method for an insurance auditor to derive an insurance premium comprising the steps of obtaining system parameters of a premise alarm system of a premise, and deriving the insurance premium by using the system parameters in a multi-variable function.

Claims

1. A method for an insurance auditor to derive an insurance premium comprising the steps of:

obtaining system parameters over a network of a premise alarm system of a premise; and

deriving the insurance premium by using the system parameters in a multi-variable function.

2. The method of claim 1, wherein the step of obtaining system parameters comprises the steps:

establishing a communication channel through the network between the insurance auditor and a system parameters provider, the system parameters provider providing the system parameters of the premise alarm system; and

communicating the system parameters of the premise alarm system from the system parameters provider to the insurance auditor over the communication channel.

3. The method of claim 1, wherein the step of deriving includes the step of calculating a discount on the insurance premium from the multi-variable function.

4. The method of claim 1, wherein the step of deriving includes the step of calculating the insurance premium from the multi-variable function.

5. The method of claim 2, wherein the network is the Internet.

6. The method of claim 2, wherein the step of establishing a communication channel includes the step of authenticating the insurance auditor to the system parameters provider.

7. The method of claim 2, wherein the step of establishing a communication channel includes the step of authenticating the system parameters provider to the insurance auditor.

8. The method of claim 2, wherein the communication channel is a secure communication channel.

9. The method of claim 2, wherein the step further includes storing the system parameters in a data storage means.

10. The method of claim 1, wherein the method further includes the step of storing the derived insurance premium.

11. The method of claim 2, wherein the system parameters provider is the premise alarm system of the premise.

12. The method of claim 2, wherein the premise is a vehicle, the premise alarm system is a vehicle alarm system and the system parameters provider is the vehicle alarm system.

13. The method of claim 2, wherein the system parameters provider is a monitoring service provider, the monitoring service provider monitoring the premise alarm system.

14. A method for an insurance auditor to audit an insurance policy comprising the steps:

obtaining system parameters of a premise alarm system of a premise; and

auditing the insurance policy with respect to the system parameters of the premise alarm system.

15. The method of claim 14, wherein the step of auditing includes the step of determining if a new insurance premium needs to be calculated.

16. The method of claim 14, wherein the step of auditing includes determining if the system parameters of the premise alarm system have changed since a previous audit.

17. The method of claim 14, wherein the step of auditing includes classifying the premise into a category of insurance from a group of categories of insurance based on the system parameters of the premise alarm system.

18. In combination, an insurance auditor audit means for auditing an insurance policy, a system parameters provider means for providing system parameters of a premise alarm system of a premise and a network:

the insurance auditor audit means comprising;

a first data processing means;

a first data storage means coupled to the first processing means;

a first gateway coupling the first data processing means to the network;

means for communicating the system parameters from the system parameters provider means over the network; and

means for auditing the insurance policy with respect to the system parameters of the premise alarm system;

the system parameters provider means comprising;

a second data processor means;

a second data storage means coupled to the second data processing means;

a second gateway coupling the second data processing means to the network; and

means for communicating the system parameters to the insurance auditor audit means over the network.

19. The combination of claim 18, wherein the network is the Internet.