Deductible determination system

  • US 10,089,694 B1
  • Filed: 05/19/2015
  • Issued: 10/02/2018
  • Est. Priority Date: 05/19/2015
  • Status: Active Grant
  • ×
    • Pin Icon | RPX Insight
    • Pin
First Claim
Patent Images

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 all claims
    ×
    ×

    Thank you for your feedback

    ×
    ×