Methods of providing insurance savings based upon telematics and insurance incentives

  • US 10,475,127 B1
  • Filed: 07/14/2015
  • Issued: 11/12/2019
  • Est. Priority Date: 07/21/2014
  • Status: Active Grant
  • ×
    • Pin
First Claim
Patent Images

1. A computer-implemented method for providing insurance-based incentives or recommendations for vehicle insurance, comprising:

  • collecting, at one or more processors, telematics data associated with driving behavior of an insured driver from one or more sensors;

    analyzing, by one or more processors, the collected telematics data to determine the following usage characteristics for the insured driver;

    (i) driving characteristics associated with the driving behavior of the insured driver, and(ii) driving environments associated with the driving behavior of the insured driver, wherein each driving environment includes a location and the location is associated with a frequency index indicating an amount of time the insured driver spends driving in the location;

    determining, by one or more processors, a driving behavior summary for the insured driver based upon the determined usage characteristics;

    determining, by one or more processors, one or more risky driving behaviors of the insured driver based upon the driving behavior summary, wherein the one or more risky driving behaviors include interactions of the insured driver with distracting features or components within a vehicle while controlling the vehicle, and wherein the one or more risky driving behaviors are weighted according to the frequency index;

    determining, by one or more processors, one or more recommendations to be implemented by the insured driver based upon the one or more risky driving behaviors, wherein the one or more recommendations include one or more changes to control actions to be taken by the insured driver while controlling the vehicle in order to reduce one or more risks associated with the determined one or more risky driving behaviors, wherein the one or more changes to control actions include one or more of the following;

    reducing speed, increasing following distance, or following an alternative route;

    causing, by one or more processors, the one or more recommendation to be transmitted to a computing device associated with the insured driver and presented to the insured driver; and

    limiting, by one or more processors, operation of the distracting features or components while the insured driver is controlling the vehicle.

View all claims