Traffic arrest insurance and methods therefor
First Claim
Patent Images
1. A method of insuring expenses related to a traffic arrest comprising:
- collecting underwriting data from a prospective customer;
issuing an insurance policy to the prospective customer, the prospective customer becoming an insured under the insurance policy;
determining the occurrence of a covered loss, the covered loss comprising the insured being arrested for a traffic infraction included in a group of covered traffic infractions under the insurance policy; and
paying a first payment for the purposes of paying covered traffic infraction related expenses.
0 Assignments
0 Petitions
Accused Products
Abstract
A method of insuring expenses related to a traffic arrest comprises collecting underwriting data from a prospective customer and issuing an insurance policy to the prospective customer, the prospective customer becoming an insured under the insurance policy. The method further comprises determining the occurrence of a covered loss, the covered loss comprising the insured being arrested for a traffic infraction included in a group of covered traffic infractions under the insurance policy, and paying a first payment for the purposes of paying covered traffic infraction related expenses.
15 Citations
20 Claims
-
1. A method of insuring expenses related to a traffic arrest comprising:
-
collecting underwriting data from a prospective customer; issuing an insurance policy to the prospective customer, the prospective customer becoming an insured under the insurance policy; determining the occurrence of a covered loss, the covered loss comprising the insured being arrested for a traffic infraction included in a group of covered traffic infractions under the insurance policy; and paying a first payment for the purposes of paying covered traffic infraction related expenses. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
-
-
12. A method of offering traffic arrest insurance comprising:
-
receiving a request for automobile insurance from a prospective customer; collecting underwriting data from the prospective customer; offering to the prospective customer supplemental insurance coverage comprising traffic arrest insurance, wherein the traffic arrest insurance covers traffic arrest related expenses; receiving from the prospective customer acceptance of the offer of supplemental insurance; and issuing both an automobile insurance policy and the supplemental coverage to the prospective customer wherein the prospective customer becomes an insured under the automobile insurance policy. - View Dependent Claims (13, 14, 15, 16, 17)
-
-
18. A method of paying traffic arrest related expenses under an insurance policy comprising:
-
receiving a claim for payment from an insured; determining that the insured is covered under at least one insurance policy including traffic arrest expense coverage covering traffic arrest related expenses; determining a covered loss has occurred, the covered loss comprising the insured being arrested for a covered traffic infraction; and paying covered expenses related to the adjudication of the traffic infraction either (i) to the insured or (ii) on the insured'"'"'s behalf. - View Dependent Claims (19, 20)
-
Specification