Parts valuation and use
First Claim
Patent Images
1. A parts management system, comprising:
- a processing unit comprising a processor; and
a memory unit storing computer-executable instructions, which when executed by the processing unit, cause the parts management system to;
receive, by a claim server of an entity, claim information including notice of damage to a vehicle associated with entity, the vehicle having a plurality of parts;
determine, by the claim server, that the vehicle is a total loss;
based on the received claim information and the determination that the vehicle is a total loss, identify, by a parts management server of the entity, that at least one part is available for reuse;
access, by the parts management server, historical data to determine whether the at least one part matches an identified need of the entity based on one or more historical data parameters;
upon determining that the at least one part matches the identified need, determine whether a likelihood that the at least one part will be reused within a predetermined period of time is at or above a predetermined threshold;
upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is at or above the threshold, execute instructions to store the at least one part for reuse; and
upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is below the threshold, execute instructions to sell the at least one part.
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Accused Products
Abstract
Systems, methods apparatuses, and computer-readable media for analyzing vehicle accident claim information from a vehicle that is deemed a total loss, as well as historical data, to determine whether one or more parts from the vehicle are available for reuse is presented. In some examples, aspects may also relate to determining whether the parts available for reuse should be stored by the entity using the system (e.g., the insurance company) for future use in the repair of other vehicles, such as other vehicles insured by the insurance company, or should be sold. The determination to store or sell the part may be based, at least in part, on historical data of the entity.
70 Citations
20 Claims
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1. A parts management system, comprising:
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a processing unit comprising a processor; and a memory unit storing computer-executable instructions, which when executed by the processing unit, cause the parts management system to; receive, by a claim server of an entity, claim information including notice of damage to a vehicle associated with entity, the vehicle having a plurality of parts; determine, by the claim server, that the vehicle is a total loss; based on the received claim information and the determination that the vehicle is a total loss, identify, by a parts management server of the entity, that at least one part is available for reuse; access, by the parts management server, historical data to determine whether the at least one part matches an identified need of the entity based on one or more historical data parameters; upon determining that the at least one part matches the identified need, determine whether a likelihood that the at least one part will be reused within a predetermined period of time is at or above a predetermined threshold; upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is at or above the threshold, execute instructions to store the at least one part for reuse; and upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is below the threshold, execute instructions to sell the at least one part. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A method, comprising:
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receiving, by a claim server of an entity, claim information including notice of damage to a vehicle associated with entity, the vehicle having a plurality of parts; determining, by the claim server, that the vehicle is a total loss; based on the received claim information and the determination that the vehicle is a total loss, identifying, by a parts management server of the entity, that at least one part is available for reuse; accessing, by the parts management server, historical data to determine whether the at least one part matches an identified need of the entity based on one or more historical data parameters; upon determining that the at least one part matches the identified need, determining whether a likelihood that the at least one part will be reused within a predetermined period of time is at or above a predetermined threshold; upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is at or above the threshold, storing the at least one part for reuse; and upon determining that the likelihood that the at least one part will be reused within a predetermined period of time is below the threshold, selling the at least one part. - View Dependent Claims (10, 11, 12, 13, 14, 15)
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16. A method, comprising:
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receiving, by a claim server of an entity, claim information including notice of damage to a first vehicle associated with the entity; determining, by the claim server, that the vehicle is a total loss; based on the received claim information, identifying, by a parts management server of the entity, that at least one part of the vehicle is available for reuse; responsive to determining that the vehicle is a total loss, analyzing, by the parts management server of the entity, historical data to determine that the at least one part matches an identified need based on one or more historical data parameters; analyzing, by the parts management server, historical data to determine whether a likelihood that the at least one part will be used in repair of a second vehicle associated with the entity is at or above a predetermined threshold; upon determining that the likelihood that the at least one part will be used in repair of the second vehicle is at or above the threshold, storing the at least one part by the entity; and upon determining that the likelihood that the at least one part will be used in repair of the second vehicle is below the threshold, selling the at least one part. - View Dependent Claims (17, 18, 19, 20)
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Specification