INSURANCE VISIBILITY
First Claim
1. A system for enabling visibility of insurance, comprising:
- a monitoring component that gathers one or more parameters related to a vehicle;
an adjustment component that selectively modifies a base rate of insurance to produce a surcharge or a discount as a function of the one or more parameters; and
a render component that dynamically outputs the surcharge or the discount to an operator of the vehicle while the vehicle is in operation.
4 Assignments
0 Petitions
Accused Products
Abstract
Dynamic insurance rate adjustments are communicated to a vehicle operator in order to allow the vehicle operator to adjust various parameters before an actual change to an insurance rate is communicated to a service provider or trusted third party. The various parameters can be external parameters and/or internal parameters and further can include historical information, current information, and/or predicted information. Communicating the insurance rate adjustments provides for insurance visibility for both the operator and passengers of the vehicle. The insurance rate adjustment is communicated though a device located within a vehicle to enable perception by a vehicle occupant.
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Citations
20 Claims
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1. A system for enabling visibility of insurance, comprising:
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a monitoring component that gathers one or more parameters related to a vehicle; an adjustment component that selectively modifies a base rate of insurance to produce a surcharge or a discount as a function of the one or more parameters; and a render component that dynamically outputs the surcharge or the discount to an operator of the vehicle while the vehicle is in operation. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method that facilitates providing visibility of a cost of insurance, comprising:
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gathering one or more parameters related to a vehicle covered by an insurance policy; selectively creating a modified cost of the insurance policy as a function of the one or more parameters; and presenting the modified cost of the insurance policy to an operator of the vehicle. - View Dependent Claims (12, 13, 14, 15, 16, 17)
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18. A system that provides insurance visibility, comprising:
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means for obtaining one or more parameters associated with an insured vehicle; means for utilizing the one or more parameters to generate a modified insurance cost of the insured vehicle; and means for outputting the modified insurance cost, a comparison between an original insurance cost and the modified insurance cost, and the one or more parameters to an operator of the insured vehicle while the insured vehicle is in operation. - View Dependent Claims (19, 20)
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Specification