Insurance visibility
First Claim
Patent Images
1. A system, comprising:
- a processor; and
a memory that stores computer-executable components, the computer-executable components comprising;
a monitoring component that gathers one or more parameters related to a current operation of a vehicle and at least one biofeedback data related to a current state of an operator of the vehicle;
an adjustment component that selectively modifies, in real-time, a base rate of insurance to produce a surcharge or a discount based on the one or more parameters related to the current operation of the vehicle and the at least one biofeedback data; and
a render component that dynamically outputs the surcharge or the discount and the one or more parameters that influenced the surcharge or the discount to the operator of the vehicle in real-time while the vehicle is in operation, wherein the render component outputs, in real-time, a visual representation of the surcharge or the discount, wherein a change to the surcharge or the discount is automatically applied to the visual representation, and wherein the render component performs a function related to the vehicle or the operator of the vehicle that is different from dynamically outputting the surcharge or the discount and wherein the render component is selectively removable from the vehicle.
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Abstract
Dynamic insurance rate adjustments are communicated to a vehicle operator in order to allow the vehicle operator to adjust various parameters before an actual change to an insurance rate is communicated to a service provider or trusted third party. The various parameters can be external parameters and/or internal parameters and further can include historical information, current information, and/or predicted information. Communicating the insurance rate adjustments provides for insurance visibility for both the operator and passengers of the vehicle. The insurance rate adjustment is communicated though a device located within a vehicle to enable perception by a vehicle occupant.
128 Citations
19 Claims
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1. A system, comprising:
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a processor; and a memory that stores computer-executable components, the computer-executable components comprising; a monitoring component that gathers one or more parameters related to a current operation of a vehicle and at least one biofeedback data related to a current state of an operator of the vehicle; an adjustment component that selectively modifies, in real-time, a base rate of insurance to produce a surcharge or a discount based on the one or more parameters related to the current operation of the vehicle and the at least one biofeedback data; and a render component that dynamically outputs the surcharge or the discount and the one or more parameters that influenced the surcharge or the discount to the operator of the vehicle in real-time while the vehicle is in operation, wherein the render component outputs, in real-time, a visual representation of the surcharge or the discount, wherein a change to the surcharge or the discount is automatically applied to the visual representation, and wherein the render component performs a function related to the vehicle or the operator of the vehicle that is different from dynamically outputting the surcharge or the discount and wherein the render component is selectively removable from the vehicle. - View Dependent Claims (2, 3, 4, 5, 6, 7, 15, 16, 18, 19)
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8. A method that facilitates providing visibility of a cost of insurance, comprising:
employing a processor to execute computer executable instructions stored in memory to perform the following acts; gathering one or more parameters related to a vehicle covered by an insurance policy and one or more parameters related to a vehicle operator while the vehicle is being operated; selectively creating, while the vehicle is being operated, a modified cost of the insurance policy as a function of the one or more parameters related to the vehicle and the one or more parameters related to the vehicle operator; and presenting the modified cost of the insurance policy to the vehicle operator while the vehicle is being operated, wherein the modified cost is presented in real-time in a manner that does not cause operator distraction while the vehicle is being operated, wherein the presenting the modified cost of the insurance policy comprises; outputting a plurality of lights that vary in intensity across a color spectrum, wherein a midpoint of the color spectrum represents the current cost of the insurance; changing an illumination of the plurality of lights in a first direction to represent a surcharge; and changing the illumination of the plurality of lights in a second direction to represent a discount. - View Dependent Claims (9, 10, 11, 12, 13, 14, 17)
Specification