System and method for determining an insurance premium based on analysis of human telematic data and vehicle telematic data
First Claim
1. A system for processing vehicle operator status data, historic vehicle data and user environmental data related to determination of an insurance quote for a user, the system comprising:
- a communications interface configured to;
receive user health telematic data collected by a telematics data acquisition device via at least one telematic sensor worn by the user, the at least one telematic sensor being in direct physical contact with the user, wherein the telematics data acquisition device is configured to collect user health telematic data, the health telematic data being indicative of the user health status while operating a vehicle;
accessing a historic vehicle telematic data collected by a telematic data acquisition device connected with a vehicle, wherein the historic vehicle telematic data is indicative at least one historical attribute of the vehicle;
receive user environmental data collected by an environmental telematics data acquisition device worn by the user, wherein the environmental telematics data acquisition device is configured to sense a user environmental status data, the environmental telematic data being indicative of a measured at least one user environmental data;
provide the user health telematic data, the vehicle telematic data, historic vehicle telematic data, and the user environmental data to a business logic processor for the development of an insurance quote based on at least one of the received user health telematic data, historic vehicle telematic data, or user environmental data; and
,transmit the insurance quote to the user via a mobile device for immediate acceptance.
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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.
44 Citations
20 Claims
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1. A system for processing vehicle operator status data, historic vehicle data and user environmental data related to determination of an insurance quote for a user, the system comprising:
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a communications interface configured to; receive user health telematic data collected by a telematics data acquisition device via at least one telematic sensor worn by the user, the at least one telematic sensor being in direct physical contact with the user, wherein the telematics data acquisition device is configured to collect user health telematic data, the health telematic data being indicative of the user health status while operating a vehicle; accessing a historic vehicle telematic data collected by a telematic data acquisition device connected with a vehicle, wherein the historic vehicle telematic data is indicative at least one historical attribute of the vehicle; receive user environmental data collected by an environmental telematics data acquisition device worn by the user, wherein the environmental telematics data acquisition device is configured to sense a user environmental status data, the environmental telematic data being indicative of a measured at least one user environmental data; provide the user health telematic data, the vehicle telematic data, historic vehicle telematic data, and the user environmental data to a business logic processor for the development of an insurance quote based on at least one of the received user health telematic data, historic vehicle telematic data, or user environmental data; and
,transmit 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, 14, 15)
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13. The system 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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16. A wearable sensor system, comprising:
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a first sensor, to be worn by a user, the first sensor including at least one human telematic sensor worn by the user wherein the first sensor is in direct physical contact with the user, the first sensor outputting a first sensor data indicative of measured at least one user health telematic data; a second sensor, in communication with a vehicle being occupied by the user, the second sensor outputting a second sensor data indicative of a measured at least one historic vehicle telematic data indicative of at least one historical attribute of the vehicle; providing a third sensor, to be worn by the user, the third sensor being configured to sense a user environmental data, the third sensor providing a third sensor data indicative of a measured at least one user environmental data; 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; receive the first sensor data, the second sensor data, and the third sensor data; calculate a risk level associated with the first sensor data, the second sensor data, and the third sensor data; and
,output an insurance quote feedback signal to the user indicative of the risk level of the first sensor data, the second sensor data, and the third sensor data user via a mobile device for immediate acceptance. - View Dependent Claims (17, 18, 19, 20)
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Specification