System and Method for Entering a List of Insured Items for Valuation

• US 20100125464A1
• Filed: 11/18/2008
• Published: 05/20/2010
• Est. Priority Date: 11/18/2008
• Status: Abandoned Application

• Current Assignee: Code Blue LLC
• Original Assignee: Code Blue LLC
• Inventors: Bangsund, Sherry, Gross, Paul
• Application Number:
  US12/273,330
• Publication Number:
  US 20100125464A1
• 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

The present invention is directed to a system and method for allowing an insured party to directly enter a list of insured items for valuation in connection with an insurance claim. The system includes an application server operating valuation software and an associated web site to allow an insured party to directly enter a list of damaged items in connection with an insurance claim, with the list of items stored in a database for valuation by an insurance carrier or claims administrator. An associated method allows the insured party to directly enter their list of damaged items to a database so that the item list may be retrieved and valuation information added by an insurance carrier or claims administrator.

Claims

1. A method for entering a list of insured items for valuation in connection with an insurance claim, comprising:

providing a valuation computer system operable to allow entering and storing to a database a list of insured items and attributes associated with said items;

allowing an insured party to access said valuation computer system such that said insured party directly enters said list of insured items into said valuation computer system; and

assigning a value to said items in accordance with said attributes associated with said items.

2. The method of claim 1, wherein said valuation computer system comprises a web site server and a database server, said web site server operable to provide a user interface comprising web pages to said insured party, and said database server operable to store said list of insured items and attributes to said database.

3. The method of claim 2, wherein said web site server is operably connected to the Internet and wherein said insured party accesses said valuation computer system through the Internet.

4. The method of claim 1, wherein said allowing an insured party to access said valuation computer system comprises providing said insured party with an encrypted hyperlink providing direct navigation to a web page provided by said web site server.

5. The method of claim 1, wherein said allowing an insured party to access said valuation computer system comprises providing said insured party with a username and password operable to allow access to said valuation computer system.

6. The method of claim 1, wherein said attributes comprise an age, an original price, a purchase date, and combinations thereof.

7. The method of claim 1, further comprising:

printing a content valuation report comprising a listing of said list of items.

8. The method of claim 7, wherein said listing comprises at least one of said attributes.

9. The method of claim 1, further comprising:

mailing to said insured party a report comprising a listing of said list of items.

10. The method of claim 1, further comprising transmitting a state-specific notice to said insured party.

11. The method of claim 1, wherein said valuation computer system is operably connected to computer network selected from the group comprising private networks, the Internet, the World Wide Web, and combinations thereof.

12. The method of claim 1, further comprising:

searching a product database for items comparable to at least one of said insured items;

calculating a replacement value for said at least one of said insured items; and

assigning said replacement value to said at least one of said insured items.

13. The method of claim 12, further comprising:

determining an actual replacement value for said at least one of said insured items; and

providing a reconciliation report comparing said actual replacement value to said calculated replacement value.

14. A method for directly entering a list of insured items for valuation in connection with an insurance claim, comprising:

providing a valuation computer system operable to allow entering and storing to a database a list of insured items and attributes associated with said items, said valuation computer system further operable to serve web pages allowing entry of item information and attributes;

transmitting to an insured party an encrypted hyperlink operable to direct said insured party'"'"'s web browser to access said valuation computer system web pages;

allowing said insured party to directly enter said list of items into said web pages; and

storing said directly entered list of items to a valuation database.

15. The method of claim 14, further comprising:

assigning a value to said items in accordance with said attributes associated with said items.

16. The method of claim 14, wherein said valuation computer system is operably connected to the Internet and wherein said insured party accesses said valuation computer system through the Internet.

17. The method of claim 14, wherein said attributes comprise an age, an original price, a purchase date, and combinations thereof.

18. The method of claim 14, further comprising:

printing a content valuation report comprising a listing of said list of items.

19. A system for directly entering a list of insured items for valuation in connection with all insurance claim, comprising:

a database server;

a server system coupled to said database server, wherein the server system is operable to;

provide a user interface operable to present one or more web pages that include functionality for an insured party to directly enter a list of insured items and associated attributes for valuation in connection with an insurance claim; and

store said entered list of insured items and attributes in said database server in association with a claim identifier.

20. The system of claim 19, wherein said server system is further operable to:

transmit to said insured party an encrypted link operable to direct a web browser of said insured party to said web pages and allow access to said web pages such that said insured party can directly enter said list of insured items into said web pages.

21. The system of claim 19, wherein said server system is further operable to provide a valuation report presenting an aggregated value of said list of insured items.