Calculation of driver score based on vehicle operation
First Claim
1. A method of quantifying vehicle activity, the method comprising the steps of:
- monitoring particular parameters of the activity of a vehicle for a first period of time;
calculating a driver score based at least in part on the particular parameters of the vehicle activity during the first period of time, the driver score being independent from the identity of vehicle; and
maintaining a database to correlate the driver score with the vehicle identity.
1 Assignment
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Accused Products
Abstract
The monitored use of a vehicle provides accurate and reliable data that can be used to determine the insurable risk of a vehicle operator. What is disclosed is a system and method for monitoring vehicle operation and using the collected data to calculate a driver score. The driver score can then be applied to ascertain the risk of insuring a particular driver, as well as being used as a tool for defining or adjusting the terms of an insurance policy for an insured driver. The collection of data such as the times the vehicle is operated, the locations the vehicle is operated and the speeds or other characteristics of how the vehicle is operated can all be used to calculate the driver score. By installing a vehicle monitor within a vehicle and extracting this or similar data, more accurate and profitable insurance policies can be developed.
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Citations
23 Claims
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1. A method of quantifying vehicle activity, the method comprising the steps of:
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monitoring particular parameters of the activity of a vehicle for a first period of time;
calculating a driver score based at least in part on the particular parameters of the vehicle activity during the first period of time, the driver score being independent from the identity of vehicle; and
maintaining a database to correlate the driver score with the vehicle identity. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method of generating a rating factor for a vehicle that can be disseminated without revealing the identity of the vehicle but still conveying valuable information, the method comprising the steps of:
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installing a vehicle monitor within a vehicle;
monitoring the activity of the vehicle for a first period of time;
calculating a driver score based at least in part on the vehicle activity during the first period of time;
providing the driver score to a third party while maintaining the identity of the vehicle as private information;
monitoring the activity of the vehicle for a subsequent period of time; and
adjusting the driver score based at least in part on the vehicle activity during the subsequent period of time; and
providing the adjusted driver score to the third party while maintaining the identity of the vehicle as private information. - View Dependent Claims (14, 15, 16, 17)
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18. A system for calculating a driver score and providing the driver score to a third party without revealing the identity of the driver and/or vehicle, the system comprising:
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a recording system that is installable within a vehicle;
a GPS interface that is coupled to the recording system;
a vehicle bus interface that is couple to the recording system;
a transmitter coupled to the recording system for transmitting vehicle operation data obtained by the recording system through the GPS interface and the vehicle bus interface;
a receiver that is communicatively coupled to the transmitter for receiving the vehicle operation data; and
a central system that is coupled to the receiver and operable to;
calculate a driver score based at least in part on the vehicle operation data; and
provide the driver score to a third party. - View Dependent Claims (19, 20, 21, 22, 23)
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Specification