System and method for presenting insurance offers
First Claim
1. A method for presenting insurance offers, comprising the steps of:
- receiving user information from a user via a user interface, wherein the user information consists of;
a vehicle identification number;
a driver zip code;
a prior insurance duration;
a driver date of birth; and
,a driver state of licensure;
storing the user information in a database;
receiving a plurality of insurance policy offers, wherein each of the insurance policy offers comprises a base purchase price;
generating, for each of the plurality of insurance policy offers, an adjusted purchase price, wherein the adjusted purchase price is based on the base purchase price and the user information;
selecting a selected insurance policy offer from among the plurality of insurance policy offers; and
,displaying the selected insurance policy offer to the user via the user interface.
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Accused Products
Abstract
A system and method for presenting insurance offers is provided. User information is received via a user interface. A database stores the user information, and also stores a plurality of insurance policy offers, each of which has a corresponding base purchase value. An offer interface is provided for presenting a selected insurance policy offer from among the plurality of insurance policy offers stored in the database, wherein the selected insurance policy is selected based on the user information. The selected insurance policy further has a corresponding adjusted purchase value, which is based on the base purchase value and is increased or decreased based on the user information.
60 Citations
30 Claims
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1. A method for presenting insurance offers, comprising the steps of:
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receiving user information from a user via a user interface, wherein the user information consists of; a vehicle identification number; a driver zip code; a prior insurance duration; a driver date of birth; and
,a driver state of licensure; storing the user information in a database; receiving a plurality of insurance policy offers, wherein each of the insurance policy offers comprises a base purchase price; generating, for each of the plurality of insurance policy offers, an adjusted purchase price, wherein the adjusted purchase price is based on the base purchase price and the user information; selecting a selected insurance policy offer from among the plurality of insurance policy offers; and
,displaying the selected insurance policy offer to the user via the user interface. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A system for presenting insurance offers, comprising:
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a first user interface for receiving, from a user, driver information consisting of; a driver zip code; a prior insurance duration; a driver date of birth; and
,a driver state of licensure; a second user interface for receiving, from the user, owner information consisting of; an owner zip code; an owner prior insurance duration; an owner date of birth; and
,an owner state of licensure; a third user interface for receiving, from the user, vehicle information consisting of; a vehicle identification number; a database for storing the driver information, owner information, and vehicle information, and for storing a plurality of insurance policy offers, wherein each of the insurance policy offers comprises a base purchase price, and for storing a plurality of discreet ranges of adjustment values, each of the plurality corresponding to each of the elements of the driver information, owner information and vehicle information; a processor for generating an adjusted purchase price for each of the plurality of insurance policy offers, wherein the adjusted purchase price is incremented and decremented by the processor according to a value selected from the each of the plurality of discreet ranges of adjustment values. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A method for presenting an insurance offer, comprising the steps of:
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receiving a vehicle identification number from a user; analyzing the vehicle identification number to determine a plurality of indicators; receiving an insurance policy offer having a base purchase price; selecting a selected indicator from among the plurality of indicators; comparing the selected indicator to a threshold; generating an adjusted purchase price that is greater than the base purchase price based on a determination that the selected indicator exceeds the threshold; and
,presenting the insurance policy offer to the user at the adjusted purchase price. - View Dependent Claims (22, 23, 24)
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25. A method for presenting an insurance policy offer, comprising the steps of:
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receiving driver information consisting exactly of driver information elements;
a driver zip code, a prior insurance duration, a driver date of birth, and a driver state of licensure;receiving owner information consisting exactly of owner information elements;
an owner zip code, a prior insurance direction, a driver date of birth, and a driver state of licensure;receiving a vehicle identification number; associating each of the driver information elements and each of the owner information elements with a discreet range of adjustment values, wherein the discreet range of adjustment values represents a dollar amount; storing a plurality of insurance policy offers in a database, wherein each of the plurality of insurance offers has an associated base purchase price; selecting for each of the driver information elements and each of the owner information elements, a selected adjustment value from the discreet range of adjustment values; and
,generating an adjusted purchase price for each of the plurality of insurance policy offers, wherein the adjusted purchase price is equal to the base purchase price added to the selected adjustment value; selecting a selected insurance policy offer from among the plurality of insurance policy offers, wherein the selected insurance policy offer has the lowest adjusted purchase price; and
,presenting the selected insurance policy offer in a user interface comprising a plurality of data fields corresponding to the driver information elements, owner information elements and the vehicle identification number.
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26. A system for presenting insurance offers, comprising:
a single user interface for receiving, from a user, all driver information necessary for establishing and presenting an insurance offer, comprising; a driver zip code; a prior insurance duration; a driver date of birth; and
,a driver state of licensure. - View Dependent Claims (27)
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28. A system for presenting insurance offers, comprising:
a single user interface for receiving, from a user, all vehicle owner information necessary for establishing and presenting an insurance offer, comprising; an owner zip code; an owner prior insurance duration; an owner date of birth, and, an owner state of licensure.
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29. A system for presenting insurance offers, comprising:
a single user interface for receiving, from a user, all vehicle information necessary for establishing and presenting an insurance offer, comprising a vehicle make, a vehicle model, and a vehicle year;
or a vehicle identification number (VIN).- View Dependent Claims (30)
Specification