BEHAVIOR DEPENDENT INSURANCE

• US 20170221150A1
• Filed: 07/07/2015
• Published: 08/03/2017
• Est. Priority Date: 07/08/2014
• Status: Abandoned Application

• Current Assignee: Grace Harari, Matan Bichacho
• Original Assignee: Grace Harari
• Inventors: BICHACHO, Matan
• Application Number:
  US15/323,995
• Publication Number:
  US 20170221150A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 30/0284 Time or distance, e.g. usage of parking meters or taximeters
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 50/40 Business processes related to the transportation industry shipping G06Q10/083

Abstract

A method for personalizing a per ride insurance rate which comprises receiving a current insurance rate per distance unit calculated based on a user profile of at least one of the driver and the vehicle, identifying an initiation of the ride with the vehicle by the driver, calculating driving behavior parameters reflecting driver behavior during the ride according to outputs of at least one driving parameter sensor mounted in the vehicle during the ride, identifying a termination of the ride, calculating an insurance cost for the ride according to a distance accumulated during the ride and the current insurance rate per distance unit, calculating an update to the current insurance rate per distance unit according to the driving behavior parameters, and presenting the update and the insurance cost on a display of the client terminal to the driver in the vehicle in response to the detection of the termination.

Claims

1. A method for personalizing a per ride insurance rate, comprising:

using at least one hardware processor of a client terminal located in a vehicle driven by a driver for executing a code for;

receiving a current insurance rate per distance unit calculated based on a user profile of at least one of said driver and said vehicle;

presenting said current insurance rate per distance unit on a display of said client terminal;

identifying an initiation of said ride with said vehicle by said driver;

calculating a plurality of driving behavior parameters reflecting driver behavior during said ride according to outputs of at least one driving parameter sensor mounted in said vehicle during said ride;

identifying a termination of said ride;

in response to the detection of said termination;

calculating an insurance cost for said ride according to a distance accumulated during said ride and said current insurance rate per distance unit;

calculating an update to said current insurance rate per distance unit according to said plurality of driving behavior parameters; and

presenting said update and said insurance cost on said display of said client terminal to said driver in said vehicle.

2. The method of claim 1, further comprising:

detecting a driving event indicative of a driving behavior pattern during said ride according to outputs of said at least one driving parameter sensor, and

in response to said detecting, presenting to said driver an estimated effect of said driving event on said insurance cost during said ride.

3. The method of claim 1, wherein said plurality of driving behavior parameters comprises a speed compliance calculated based on an analysis of velocity data gathered during said ride.

4. The method of claim 1, wherein said at least one driving parameter sensor comprises a plurality of driving parameter sensors;

wherein said plurality of driving behavior parameters comprises a adaptation of the driving to road conditions calculated based on an analysis of a correlation between outputs of said plurality of driving parameter sensors.

5. The method of claim 1, wherein said plurality of driving behavior parameters comprises a reaction time calculated based on an analysis of image data gathered during said ride from said at least one driving parameter sensor.

6. The method of claim 1, wherein said at least one driving parameter sensor comprises a passenger compartment camera which images at least part of the passenger compartment space;

wherein said plurality of driving behavior parameters comprises at least one of a mirrors check frequency, shifting a road gaze frequency, and a blind spot check frequency calculated based on an analysis of image data during said ride from said passenger compartment camera.

7. The method of claim 1, wherein said plurality of driving behavior parameters comprises at least one recorded driving behavior report documenting a vehicle driving violation during said ride, said at least one recorded driving behavior report being uploaded by at least one of a another driver and a law enforcement system.

8. The method of claim 1, wherein said at least one driving parameter sensor comprises a front camera which images the space in front and/or back of said vehicle;

wherein said at least one driving parameter sensor comprises a stopping room average calculated based on an analysis of image data during said ride from said front camera.

9. The method of claim 1, wherein said at least one driving parameter sensor comprises a front camera which images the space in front of said vehicle;

wherein said at least one driving parameter sensor comprises at least one of a lane compliance and a sign compliance calculated based on an analysis of image data during said ride from said front camera.

10. The method of claim 1, wherein said at least one driving parameter sensor is selected from a group consisting of an accelerometer, an image sensor, a magnetometer, a navigation system, an external insurance policy enforcement device, and a safety belt compliance sensor.

11. The method of claim 1, wherein said client terminal is a Smartphone set to be mounted in said vehicle during said ride.

12. The method of claim 1, wherein said client terminal is a subsystem of said vehicle.

13. The method of claim 1, wherein said current insurance rate per distance unit is received over a network from a central unit;

further comprising sending said update to said central unit for updating said current insurance rate per distance unit.

14. The method of claim 1, wherein identifying said initiation and identifying said termination is performed by detecting a presence or an absence of wireless signal from an accessory of said client terminal.

15. The method of claim 1, wherein identifying said initiation and identifying said termination is performed by detecting a pairing between an accessory of said client terminal and said client terminal.

16. The method of claim 1, further comprising calculating a ride cost for said ride based on a combination of said insurance cost and at least one of gasoline consuming data and value lost for the vehicle estimation;

wherein said presenting comprises presenting said ride cost.

17. The method of claim 1, wherein said calculating an update is performed based on road condition parameters which are associated with the condition of at least one road driven during said ride.

18. The method of claim 1, wherein said calculating an update is performed based on environmental parameters reflecting environment condition during said ride at least one road driven during said ride.

19. A computer readable medium comprising computer executable instructions adapted to perform the method of claim 1.

20. The method of claim 1, further comprising generating a report which details said insurance with a plurality of characterizing features of said ride as a row in a table.

21. A method for presenting insurance data, comprising:

using at least one hardware processor of a client terminal located in a vehicle driven by a driver for executing a code for;

presenting on a display of said client terminal an insurance rate set for at least one of said driver and said vehicle based on a plurality of driving behavior parameters;

identifying an initiation of a ride with a vehicle driven by a driver;

gathering a plurality of driving parameter sensor parameters from at least one driving parameter sensor mounted in said vehicle during said ride;

calculating a plurality of current driving behavior parameters reflecting a driver behavior during said ride according to an analysis of said plurality of driving parameter sensor parameters;

identifying a termination of said ride;

automatically calculating an update to said insurance rate based on said plurality of current driving behavior parameters; and

presenting said update to said driver in said display in said vehicle in response to the detection of said termination.

22. A system for personalizing a per ride insurance rate, comprising:

a database which hosts a plurality of user records, each one of said plurality of user records documents a current insurance rate per distance unit calculated for at least one of a driver and a vehicle;

hardware processor for executing a code for;

identifying an initiation and a termination of a ride with said vehicle by said driver and for gathering outputs of at least one driving parameter sensor mounted in said vehicle during said ride, and

a plurality of driving behavior parameters reflecting driver behavior during said ride according to said outputs and configured to calculate an insurance cost for said ride according to a distance accumulated during said ride and said current insurance rate per distance unit;

wherein said hardware processor is configured to calculate an update to said current insurance rate per distance unit according to said plurality of driving behavior parameters; and

wherein said hardware processor is configured to instruct a display of said client terminal to present;

said current insurance rate per distance unit to said driver before said initiation and to present said update, and

said current insurance rate per distance unit and said insurance cost to said driver in said vehicle in response to the detection of said termination.