SYSTEM AND METHOD OF DISPENSING INSURANCE THROUGH A COMPUTER NETWORK
First Claim
1. A network-based method for facilitating the dispensing of a customer insurance policy for a customer, the method comprising:
- receiving, at a host, customer eligibility information applicable to eligibility guidelines for a plurality of insurance companies;
providing, by the host, insurance quotes based upon the customer eligibility information, wherein the insurance quotes relate to insurance information from at least a subset of the plurality of insurance companies, wherein the insurance information includes insurance rates and insurance coverage information;
receiving, at the host, instructions to purchase a selected insurance policy associated with one of the plurality of insurance companies;
receiving, at the host, payment for the selected insurance policy;
creating, based on the selected insurance policy, the customer insurance policy which is a bound coverage document which provides insurance coverage; and
,enabling access to the customer insurance policy at the location of the customer.
2 Assignments
0 Petitions
Accused Products
Abstract
Systems and methods for facilitating the dispensing of insurance and of an insurance company selling insurance policies are provided, which may be network or Internet based, and may be managed through a general agent. Policy information from insurance companies may be received or stored. Data may be received from customers and insurance rates or quotes provided, which may be from competing companies. An instruction to purchase and payment may be received and proof of coverage, such as printing a document, may be facilitated. Data may be input directly by a customer or by an agent on behalf of the customer. The policy information, customer data, and premiums may be provided to the insurance companies. Insurance agents may advertise, and may refer customers from their own websites in exchange for commissions. The insurance offered for sale may be, automobile or specialty insurance, and may provide coverage in another country.
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Citations
25 Claims
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1. A network-based method for facilitating the dispensing of a customer insurance policy for a customer, the method comprising:
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receiving, at a host, customer eligibility information applicable to eligibility guidelines for a plurality of insurance companies; providing, by the host, insurance quotes based upon the customer eligibility information, wherein the insurance quotes relate to insurance information from at least a subset of the plurality of insurance companies, wherein the insurance information includes insurance rates and insurance coverage information; receiving, at the host, instructions to purchase a selected insurance policy associated with one of the plurality of insurance companies; receiving, at the host, payment for the selected insurance policy; creating, based on the selected insurance policy, the customer insurance policy which is a bound coverage document which provides insurance coverage; and
,enabling access to the customer insurance policy at the location of the customer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25)
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Specification