×

Determining policy characteristics based on route similarity

  • US 10,630,723 B1
  • Filed: 12/02/2016
  • Issued: 04/21/2020
  • Est. Priority Date: 12/03/2015
  • Status: Active Grant
First Claim
Patent Images

1. A computer-implemented method performed by at least one processor, the method comprising:

  • based on data collected by one or more sensors during trips by one or more vehicles, determining, by the at least one processor, changes in movement of the one or more vehicles during the trips;

    selecting at least one pair of trips that includes a first trip driven by a first vehicle and a second trip driven by a second vehicle;

    determining a first sequence of movements by the first vehicle during the first trip based on changes in orientation, speed, and acceleration of the first vehicle during the first trip;

    determining a second sequence of movements by the second vehicle during the second trip based on changes in orientation, speed, and acceleration of the second vehicle during the second trip;

    comparing the first sequence of the changes in movement during the first trip in the selected pair and the second sequence of the changes in movement during the second trip in the selected pair;

    determining, by the at least one processor and based on the comparing, a similarity metric for the at least one pair of the trips, the similarity metric indicating a measure of similarity between the first sequence of the changes in movement during the first trip and the second sequence of the changes in movement during the second trip;

    based at least partly on the similarity metric, determining, by the at least one processor, at least one characteristic of at least one policy associated with the second vehicle, wherein the at least one characteristic of the policy includes one or more of;

    a deductible amount, a premium amount, or a price;

    providing, by the at least one processor, the at least one characteristic of the at least one policy for presentation in a user interface on a computing device;

    accessing, by the at least one processor, risk data describing a risk of the first trip;

    determining, by the at least one processor, a risk of the second trip based on the risk of the first trip and the similarity metric for the first trip and the second trip; and

    based at least partly on the similarity metric for the first trip and the second trip, determining, by the at least one processor, the at least one characteristic of the at least one policy associated with the second trip based at least partly on the risk of the second trip.

View all claims
  • 2 Assignments
Timeline View
Assignment View
    ×
    ×