System and method for determining an insurance premium quote based on human telematic data and structure related telematic data

• US 10,650,470 B1
• Filed: 09/06/2019
• Issued: 05/12/2020
• Est. Priority Date: 10/06/2014
• Status: Active Grant

• Current Assignee: Allstate Insurance Company (Allstate Corporation)
• Original Assignee: Allstate Insurance Company (Allstate Corporation)
• Inventors: Manzella, Matthew James, Ismaili, Alinawaz
• Primary Examiner(s): Bee, Andrew W
• Application Number:
  US16/562,885
• Time in Patent Office: 249 Days
• CPC Class Codes: A61B 5/0002 Remote monitoring of patients using telemetry, e.g. transmission of vital signals via a communication network A61B5/07 takes precedence; transmission systems for measured values G08C; transmission H04B; transmission of digital information H04L; wireless communication networks H04W
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G08B 19/00 Alarms responsive to two or more different undesired or abnormal conditions, e.g. burglary and fire, abnormal temperature and abnormal rate of flow
• CPC Class Codes: G08B 25/00 Alarm systems in which the location of the alarm condition is signalled to a central station, e.g. fire or police telegraphic systems
• CPC Class Codes: H04Q 9/14 Calling by using pulses

Abstract

Systems and methods are disclosed herein for pricing an insurance premium based on analysis of various telematics data. The system includes a user human telematic sensor providing telematics data about the wearer. Also, the system and method comprise at least one building/environment telematic sensor configured to provide telematic data about the building and the surrounding environment. The various telematics data is communicated and processed to provide an insurance quote to the user based upon analysis of the telematics data.

Claims

1. A non-transitory computer-readable storage medium with instructions stored thereon that, when executed, direct a processor to perform acts comprising:

sensing a health telematic data via a telematics data acquisition device that provides substantially continuous health telematic data status monitoring, wherein the health telematic data relates to at least one user-health condition data;

receiving the health telematic data via a communications interface, health telematics data collected by the telematics data acquisition device;

receiving building telematic data indicative of a nature of the building'"'"'s prior use via the communications interface, building telematics data collected by a building telematics data acquisition device;

determining an insurance quote based on the received health telematic data and the received building telematic data; and

,

transmitting the insurance quote to the user via a mobile device for immediate acceptance.

2. The computer-readable storage medium of claim 1, wherein the step of receiving health telematic data includes user health condition data including at least one of a body mass index, blood pressure, respiratory rate, heart rate, perspiration, body temperature, blood sugar level, brain function (EEG), vacillations in blood sugar level, hours of sleep, physical activity rate and duration, water consumption, food consumption, alcohol consumption, amount of sunlight exposure, and/or exposure to any variety of air or water pollutants data.

3. The computer-readable storage medium of claim 2, wherein the health telematic data indicates the user is in an unsafe condition.

4. The computer-readable storage medium of claim 1, wherein the step of receiving building telematic data includes receiving building telematic data of at least one of a data related to building/user environment structural condition, building/user environment air quality, geographic location, temperature/humidity level, HVAC status, security devices, ingress/egress configuration, building materials, nature of use (current/historic) and surrounding environmental conditions.

5. The computer-readable storage medium of claim 4, wherein the building telematic data indicates the user is in or near an unsafe environment or location.

6. The computer-readable storage medium of claim 3, wherein the unsafe condition detected with the user'"'"'s health is related to user telematic data about at least one of a body mass index, blood pressure, respiratory rate, heart rate, perspiration, body temperature, eye dilation, blood sugar level, brain function (EEG), vacillations in blood sugar level, hours of sleep, physical activity rate and duration, water consumption, food consumption, alcohol consumption, amount of sunlight exposure, and/or exposure to any variety of air or water pollutants data.

7. The computer-readable storage medium of claim 1, further comprising, transmitting the insurance quote to an insurance company.

8. The computer-readable storage medium of claim 1, wherein the building telematic data is current building telematic data.

9. The computer-readable storage medium of claim 1, wherein the building telematic data also includes is historic building telematic data.

10. The computer-readable storage medium of claim 1, wherein the building telematic data includes both current building telematic data and historic telematic data.

11. The computer-readable storage medium of claim 1, wherein acceptance of the insurance quote yields a binding insurance policy.

12. The computer-readable storage medium of claim 11, wherein the binding policy covers either personal or real property.

13. A method to perform acts, comprising:

providing a first sensor, the first sensor being configured to substantially continually sense a users-health telematic data while the user is within a building;

providing a second sensor, in communication with a building occupied by the user, the second sensor outputting a second sensor data indicative of an at least one of a historic building telematic data indicating a nature of the building'"'"'s prior use;

providing a computing unit, in communication with the first sensor and the second sensor, the computing unit storing program instructions for execution by the computing unit to;

receive the first sensor data and the second sensor data;

calculate a risk level associated with the first sensor data and the second sensor data;

determine an insurance quote based on the risk level; and

, transmit the insurance quote to the user via a mobile device for immediate acceptance.

14. The method of claim 13, further comprising transmitting the insurance quote to the user via email.

15. The method of claim 13, wherein at least one historic building telematic data includes at least one of a structural condition, building materials, prior building contents, building construction materials, and nature of use.

16. The method of claim 15, wherein the at least one historic building telematic data indicates that the historical nature of the building indicates an unsafe environment within the building.

17. A system, comprising:

a tangible computer-readable storage medium with instructions stored thereon that, when executed, direct a processor to;

receive a user-health telematic data collected substantially continuously, the health telematic data being indicative of a user'"'"'s current health status while within a building;

receive a user environmental telematic data indicative of an environmental quality around the user;

receive a historic building telematic data indicative of historical building data and the historical nature of prior building use;

calculate a risk level associated with the received user-health telematic data and the historic building telematic data; and

,

calculate an insurance quote indicative of the risk level based upon the user-health telematic data and the historic building telematic data, and;

transmit the insurance quote to the user via a mobile device for immediate acceptance.

18. The system of claim 17, further comprising, transmitting the insurance quote to an insurance company or insurance agent.

19. The system of claim 17, wherein historic building telematic data indicates that a building has endured a seismic event.

20. The system of claim 17, wherein the building telematic data includes at least one of a data related to building/user environment structural condition, building/user environment air quality, geographic location, temperature/humidity level, HVAC status, security devices, ingress/egress configuration, building materials, nature of use (current/historic) and surrounding environmental conditions.