System and method for determining an insurance premium based on analysis of human telematic data and vehicle telematic data
First Claim
1. One or more non-transitory computer readable media storing computer readable instructions that, when executed, perform a method of providing an insurance quote to a user based upon human health telematic data, historic vehicle telematic data, and user environmental data comprising:
- sensing a human health telematic data via a human wearable telematic data acquisition device worn by a user, wherein the human wearable telematic data acquisition device includes a sensor in direct physical contact with the user;
accessing a historic vehicle telematic data via a vehicle telematic data device connected with a vehicle, wherein the historic vehicle telematic data is indicative of at least one historical attribute of the vehicle;
sensing a user environmental telematic data via the human wearable telematic data acquisition device, wherein the human wearable telematic data acquisition device is also configured to sense a user environmental status data indicative of a measured at least one user environmental data;
receiving the user health telematic data via a communications interface, the user health telematic data collected by the human wearable telematic data acquisition device;
receiving the vehicle historic telematic data via the communications interface, the vehicle telematic data collected by the vehicle telematic data device;
receiving the user environmental telematic data via the communications interface;
determining an insurance quote based on the received user health telematic data, the received vehicle historic telematic data, and the received user environmental telematic data; and
,transmitting the insurance quote to the user via a mobile device for immediate acceptance.
1 Assignment
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Accused Products
Abstract
Systems and methods are disclosed herein for pricing an insurance premium based on telematics data. The system includes a communications interface and a business logic processor in communication with the communications interface. The communications interface receives telematics data collected by a telematics acquisition device. A business logic processor determines an insurance quote for a user based on the received telematics data, vehicle data, and vehicle owner data. The communications interface transmits the insurance quote to the user of the vehicle.
29 Citations
20 Claims
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1. One or more non-transitory computer readable media storing computer readable instructions that, when executed, perform a method of providing an insurance quote to a user based upon human health telematic data, historic vehicle telematic data, and user environmental data comprising:
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sensing a human health telematic data via a human wearable telematic data acquisition device worn by a user, wherein the human wearable telematic data acquisition device includes a sensor in direct physical contact with the user; accessing a historic vehicle telematic data via a vehicle telematic data device connected with a vehicle, wherein the historic vehicle telematic data is indicative of at least one historical attribute of the vehicle; sensing a user environmental telematic data via the human wearable telematic data acquisition device, wherein the human wearable telematic data acquisition device is also configured to sense a user environmental status data indicative of a measured at least one user environmental data; receiving the user health telematic data via a communications interface, the user health telematic data collected by the human wearable telematic data acquisition device; receiving the vehicle historic telematic data via the communications interface, the vehicle telematic data collected by the vehicle telematic data device; receiving the user environmental telematic data via the communications interface; determining an insurance quote based on the received user health telematic data, the received vehicle historic telematic data, and the received user environmental telematic data; and
,transmitting the insurance quote to the user via a mobile device for immediate acceptance. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. The method of 12, wherein the current vehicle telematic data is at least one of a vehicle speed, vehicle location, vehicle drive time, and vehicle condition.
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14. A method for providing an insurance quote based upon human health telematic data, user environmental telematic data, and historic vehicle telematic data, the method comprising:
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receiving, by a communications interface, a user health telematic data collected by a human wearable telematic data acquisition device having at least one sensor in direct physical contact with the user, the user health telematic data being indicative of a user health status while operating a vehicle; receiving, by a communications interface, a historic vehicle telematic data collected by a historic vehicle telematic data device connected with a vehicle, the vehicle telematic data being indicative of at least one historical attribute of the vehicle; receiving, by a communication interface, a user environmental telematic data via the human wearable telematic data acquisition device, the user environmental telematic data being indicative of a measured at least one user environmental data; determining, by the business logic processor, an insurance quote for the user based on the received user health telematic data, historic vehicle telematic data, and a user environmental telematic data; providing by the business logic processor the insurance quote to the communications interface; and
,transmitting the insurance quote to the user via a mobile device for immediate acceptance. - View Dependent Claims (15, 16)
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17. A method of providing a human telematic based insurance quote to a user based upon human telematic data, historic vehicle telematic data, and user environmental telematic data, comprising:
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providing a first sensor, to be worn by a user, the first sensor being a human wearable device configured to sense a human telematic health data via at least one sensor in direct physical contact with the user, the first sensor providing a first sensor data indicative of measured at least one user health telematic data; providing a second sensor, in communication with a vehicle being operated by the user, the second sensor outputting a second sensor data indicative of a measured at least one historic vehicle telematic data; providing a third sensor, being part of the human wearable device, the third sensor outputting a third sensor data indicative of a measured at least one user environmental telematic data; providing a computing unit, in communication with the first sensor, the second sensor, and the third sensor, the computing unit storing program instructions for execution by the computing unit to; receiving the first sensor data, the second sensor data, and the third sensor data; calculating a risk level associated with the first sensor data, the second sensor data, and the third sensor data; and
,providing an insurance quote indicative of the calculated risk level to the user via a mobile device for immediate acceptance. - View Dependent Claims (18, 19, 20)
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Specification