Patent Application Titled “Insurance Quoting Application For Handheld Device” Published Online (USPTO 20190147542)

2019 MAY 30 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors Jayaram, Jaideep (Flower Mound, TX); Rao, Nagaraj V. (Flower Mound, TX), filed on January 11, 2019, was made available online on May 16, 2019.

The assignee for this patent application is Webcetera L.P. (Lewisville, Texas, United States).

Reporters obtained the following quote from the background information supplied by the inventors: “Independent insurance agents or insurance brokers generally provide consumers with an insurance premium estimate (a.k.a., an insurance rate quote) for a variety of types of insurable property (e.g., a home, a business, an automobile, a motorcycle, a boat, etc.). The amount of the insurance premium estimate is often based on a variety of factors. By way of example, these factors may include the type and condition of insurable property, an age of the insured, gender of the insured, marital status of the insured, deductible amount desired by the insured, policy limits desired by the insured, a credit score of the insured, and a geographic location of the insurable property.”

In addition to obtaining background information on this patent application, NewsRx editors also obtained the inventors’ summary information for this patent application: “A method and technique includes initiating, by a mobile electronic device, a location module of the mobile electronic device. The location module interfaces with a plurality of cellular towers and, based on the cellular tower interfacing, determines latitude and longitude coordinates of a location of the mobile electronic device. The location module converts the latitude and longitude coordinates to an address and interfaces over a network with a server. The location module receives from the server a property designation based on the address and determines a category corresponding to the property designation. A data matrix is created from a plurality of server responses to a data request uploaded by the mobile electronic device based on the category and the data matrix is displayed on the mobile electronic device.”

The claims supplied by the inventors are:

“1. A method, comprising: initiating, by a mobile electronic device, a location module of the mobile electronic device; interfacing, by the location module, with a plurality of cellular towers; based on the cellular tower interfacing, determining latitude and longitude coordinates of a location of the mobile electronic device; converting, by the location module, the latitude and longitude coordinates to an address; interfacing, by the mobile electronic device over a network with a server; receiving, by the location module, from the server a property designation based on the address; determining a category corresponding to the property designation; creating a data matrix from a plurality of server responses to a data request uploaded by the mobile electronic device based on the category; and displaying the data matrix on the mobile electronic device.

“2. The method of claim 1, further comprising generating and displaying a prompt requesting a user of the mobile electronic device to confirm the property designation.

“3. The method of claim 2, further comprising, in response to receiving a confirmation of the property designation, interfacing with the server by the mobile electronic device to submit the data request to the server corresponding to the confirmed property designation.

“4. The method of claim 1, further comprising generating and displaying a prompt that the user of the mobile electronic device verify a relationship between the user and the property designation.”

For more information, see this patent application: Jayaram, Jaideep; Rao, Nagaraj V. Insurance Quoting Application For Handheld Device. Filed January 11, 2019 and posted May 16, 2019. Patent URL: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220190147542%22.PGNR.&OS=DN/20190147542&RS=DN/20190147542

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