Deductible determination system
First Claim
1. A system, comprising:
- an end user computing device associated with a vehicle and comprising a wireless network interface configured to communicate over a wireless network; and
a network computing device, comprising a network interface configured to exchange communications with the end user computing device, wherein at least one of the end user computing device and the network computing device stores a plurality of algorithms, each of the algorithms configured to process data from a set of one or more sensors, the network computing device configured to;
obtain, from the end user computing device or another network computing device, driving situation information indicating a driving situation related to the vehicle while the vehicle is moving, the driving situation information including the data from the set of one or more sensors;
select one of the plurality of algorithms based on at least one characteristic of a driver of the vehicle and based on at least a portion of the driving situation information;
determine a degree of safety of the driving situation based on at least the portion of the driving situation information and using the selected one of the plurality of algorithms, wherein determining the degree of safety using the selected one of the plurality of algorithms includes identifying one or more weights to be applied to one or more variables in the selected one of the plurality of algorithms;
obtain a deductible of an insurance policy for the vehicle; and
adjust the deductible based on the degree of safety of the driving situation.
1 Assignment
0 Petitions
Accused Products
Abstract
Methods, computer-readable media, software, and apparatuses provide a system for adjusting a deductible based on a current driving situation. Information regarding the current driving situation related to a vehicle may be obtained from various sources. The information may be used to evaluate a degree of safety of the current driving situation. If the driving situation is deemed to be safe, the deductible may be lowered. The amount the deductible may be lowered may be determined based on insurance information regarding past accidents or past insurance claims. A notification of the adjustment may be output to the driver. Also, the adjustment may be stored with a time associated with the adjustment so that the appropriate deductible is used in case of an accident. Multiple adjustments to the deductible may be made during a single trip as the driving situation changes.
26 Citations
18 Claims
-
1. A system, comprising:
-
an end user computing device associated with a vehicle and comprising a wireless network interface configured to communicate over a wireless network; and a network computing device, comprising a network interface configured to exchange communications with the end user computing device, wherein at least one of the end user computing device and the network computing device stores a plurality of algorithms, each of the algorithms configured to process data from a set of one or more sensors, the network computing device configured to; obtain, from the end user computing device or another network computing device, driving situation information indicating a driving situation related to the vehicle while the vehicle is moving, the driving situation information including the data from the set of one or more sensors; select one of the plurality of algorithms based on at least one characteristic of a driver of the vehicle and based on at least a portion of the driving situation information; determine a degree of safety of the driving situation based on at least the portion of the driving situation information and using the selected one of the plurality of algorithms, wherein determining the degree of safety using the selected one of the plurality of algorithms includes identifying one or more weights to be applied to one or more variables in the selected one of the plurality of algorithms; obtain a deductible of an insurance policy for the vehicle; and adjust the deductible based on the degree of safety of the driving situation. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
-
-
12. A computing device, comprising:
-
a network interface configured to communicate with a server or an end user computing device while the end user computing device is traveling within a vehicle, wherein at least one of the computing device, the server or the end user computing device stores a plurality of algorithms, each of the algorithms configured to process data from a set of one or more sensors; and at least one processor configured to cause the computing device to; obtain, from the end user computing device or the server, driving situation information indicating a driving situation related to the vehicle while the vehicle is on a trip, the driving situation information including the data from the set of one or more sensors; select one of the plurality of algorithms based on at least one characteristic of a driver of the vehicle and based on at least a portion of the driving situation information; determine a degree of safety of the driving situation based on at least the portion of the driving situation information and using the selected one of the plurality of algorithms, wherein determining the degree of safety using the selected one of the plurality of algorithms includes identifying one or more weights to be applied to one or more variables in the selected one of the plurality of algorithms; obtain a deductible of an insurance policy for the vehicle; and determine an amount by which to adjust the deductible based on the degree of safety of the driving situation. - View Dependent Claims (13, 14, 15)
-
-
16. A method, comprising:
-
receiving, by a computing device from a sensor in proximity to a vehicle, driving situation information indicating a driving situation related to the vehicle while the vehicle is traveling along a route, the driving situation information including data detected by the sensor; selecting one of a plurality of algorithms based on at least one characteristic of a driver of the vehicle and based on at least a portion of the driving situation information, each of the algorithms configured to process data from a set of one or more sensors; determining a degree of safety of the driving situation based at least on the driving situation information and using the selected one of the plurality of algorithms, wherein determining the degree of safety using the selected one of the plurality of algorithms includes identifying one or more weights to be applied to one or more variables in the selected one of the plurality of algorithms; obtaining a deductible of an insurance policy for the vehicle;
determining an adjustment to the deductible based on the degree of safety of the driving situation; andoutputting, via a display of the computing device or a speaker of the computing device, a notification to a driver of the vehicle, the notification indicating the adjustment to the deductible. - View Dependent Claims (17, 18)
-
Specification