Patent Issued for Personalized insurance systems (USPTO 11468516): Allstate Insurance Company

2022 NOV 01 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A patent by the inventors Wasserman, Robert (Wheaton, IL, US), filed on May 19, 2020, was published online on October 11, 2022, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents.

Patent number 11468516 is assigned to Allstate Insurance Company (Northbrook, Illinois, United States).

The following quote was obtained by the news editors from the background information supplied by the inventors: “Vehicle insurance policies are generally purchased by insurance customers from various insurance providers. When applying for a vehicle insurance policy, a customer may provide personal and financial information, vehicle information, and anticipated usage information such as the vehicle’s primary drivers, other authorized drivers of the vehicle, and the anticipated number of miles that the vehicle will be driven during the insurance term. Based on the received information, the insurance provider may calculate policy terms, premiums, and the like.

“Many vehicles include sensors and internal computer systems designed to store and monitor driving data, vehicle operation data, driving conditions, and driving functions. Many vehicles also include one or more communication systems designed to send and receive information from inside or outside the vehicle. Such information can include, for example, vehicle operational data, driving conditions, and communications from other vehicles or systems.”

In addition to the background information obtained for this patent, NewsRx journalists also obtained the inventors’ summary information for this patent: “The following presents a simplified summary in order to provide a basic understanding of some aspects of the disclosure. The summary is not an extensive overview of the disclosure. It is neither intended to identify key or critical elements of the disclosure nor to delineate the scope of the disclosure. The following summary merely presents some concepts of the disclosure in a simplified form as a prelude to the description below.

“Aspects of the disclosure relate to methods, computer-readable media, and apparatuses for determining and implementing personalized vehicle insurance policies. Such policies may be driver-specific, vehicle-specific, time-specific, and/or driving trip-specific, and the insurance terms and parameters for personalized insurance policies may be determined based on risk analyses of specific drivers, vehicles, and driving trips. After determining a personalized vehicle insurance policy, the policy may be presented to and accepted by a driver, for example, via the driver’s mobile device, a vehicle-based device, or other computing devices and systems. After a personalized vehicle insurance policy has been accepted and activated, data from the driver’s mobile devices and associated vehicles may be monitored to detect and process the driver’s vehicle usage data and driving data in accordance with the personalized insurance policy.

“Additional aspects of the disclosure relate to determining and implementing different personalized insurance policies and related vehicle usage-based features. A personalized insurance system may analyze a driver’s and/or a vehicle’s potential risk data and corresponding potential losses to determine vehicle usage-based parameters. For example, a personalized insurance system may determine different sets of insurance terms or conditions and/or insurance costs for different drivers and vehicles, and for different types of vehicle usage, such as a first rate for vehicle driving and a second rate for vehicle parking. In various examples, the terms and conditions of personalized insurance may vary based on driving routes, geographic locations, driving times, weather conditions, traffic conditions, and the like. In further examples, one or more personalized insurance offers may be determined and presented to users for specific driving trips.

“Other features and advantages of the disclosure will be apparent from the additional description provided herein.”

The claims supplied by the inventors are:

“1. A method comprising: receiving, by a mobile device in communication with one or more vehicle sensors of a first vehicle, data to automatically identify the first vehicle and data to automatically identify a driver of the first vehicle; retrieving, based on the data identifying the driver of the first vehicle, driver information; retrieving, based on the data identifying the first vehicle, first vehicle information; determining driving trip information for a driving trip associated with the driver and the first vehicle, wherein the driving trip information is determined based on previously-stored driving pattern data and indicates a destination comprising a first parking location for parking the vehicle during the driving trip; transmitting, to a server and via a network, a request for insurance coverage for the driving trip, the request comprising the driver information, the first vehicle information, and the driving trip information; receiving, from the server and via the network, one or more insurance offers, wherein each of the one or more insurance offers comprises an alternate parking location for parking the first vehicle during the driving trip and an insurance cost savings for parking the first vehicle at the alternate parking location, instead of the first parking location, during the driving trip; displaying, on a display associated with the mobile device, a first insurance offer, from among the received one or more insurance offers, including at least the alternate parking location and the insurance cost savings for parking the first vehicle at the alternate parking location; and transmitting a message to the server indicating that the first insurance offer is accepted based on detecting via at least one sensor in the mobile device or via the one or more vehicle sensors that the first vehicle has parked at the alternate parking location.

“2. The method of claim 1, wherein receiving the data to automatically identify the driver of the first vehicle comprises: receiving, from the one or more vehicle sensors of the first vehicle, at least one of driver seat positioning data and driver mirror positioning data.

“3. The method of claim 1, wherein the driving trip information for the driving trip is further determined based on one or more user inputs.

“4. The method of claim 1, wherein the previously-stored driving pattern data is associated with at least one of the first vehicle or the driver, or the driving trip information for the driving trip.

“5. The method of claim 1, wherein the message indicating that the first insurance offer is accepted is further based on an input at the mobile device.

“6. The method of claim 1, wherein the message indicating that the first insurance offer is accepted is further based on a pre-configured authorization for automatic offer acceptance.

“7. The method of claim 1, further comprising: identifying a second vehicle associated with the driver; and retrieving second vehicle information associated with the second vehicle, wherein the request for the insurance coverage further comprises the second vehicle information, wherein receiving the one or more insurance offers comprises receiving a second insurance offer comprising the first parking location and an insurance cost savings for parking the second vehicle, instead of the first vehicle, at the first parking location during the driving trip, and wherein the method further comprises displaying, on the display, the second insurance offer.

“8. The method of claim 1, further comprising: receiving, by the mobile device, a user request for a specific type of usage-based insurance coverage for the driving trip, wherein the request for the insurance coverage further comprises the specific type of usage-based insurance coverage, wherein the one or more offers received from the server is calculated based on the specific type of usage-based insurance coverage, and wherein the specific type of usage-based insurance coverage comprises at least one of a time-related usage-based insurance coverage, a per-mile usage-based insurance coverage, a per-trip usage-based insurance coverage, a time of day usage-based insurance coverage, route-related usage-based insurance coverage, traffic-related usage-based insurance coverage, or a weather-related usage-based insurance coverage.

“9. A server comprising one or more processors and non-transient memory storing computer-readable instructions configured to: receive a request for insurance coverage for a driving trip associated with a driver of a first vehicle, the request received via a network by the server from a mobile device in communication with one or more vehicle sensors of the first vehicle, the request comprising driver information associated with the driver, first vehicle information associated with the first vehicle, and driving trip information associated with the driving trip, the driver information obtained based on data retrieved from the one or more vehicle sensors to automatically identify the driver of the first vehicle, the first vehicle information obtained based on data retrieved from the one or more vehicle sensors to automatically identify the first vehicle, the driving trip information determined based on previously-stored driving pattern data; determine, from the driving trip information, a destination, wherein the destination comprises a first parking location for parking the first vehicle during the driving trip; calculate a first insurance cost for parking the first vehicle at the first parking location during the driving trip; identify an alternate parking location for parking the first vehicle during the driving trip; calculate an alternate insurance cost for parking the first vehicle at the alternate parking location during the driving trip; determine, based on the first insurance cost and the alternate insurance cost, an insurance cost savings corresponding to parking the first vehicle at the alternate parking location, instead of the first parking location, during the driving trip; transmit, to the mobile device, a first insurance offer comprising the alternate parking location and the insurance cost savings; and receive a message from the mobile device indicating that the first insurance offer is accepted, the message generated based on a detection via at least one sensor in the mobile device or via the one or more vehicle sensors that the first vehicle has parked at the alternate parking location.

“10. The server of claim 9, wherein the computer-readable instructions are further configured to: calculate the first insurance cost using a first usage-based parameter corresponding to a first insurance rate for parking the first vehicle; calculate a second insurance cost using a second usage-based parameter corresponding to a second insurance rate for parking a second vehicle, wherein the first usage-based parameter and the second usage-based parameter are associated with an insurance policy covering the driver when the driver is responsible for parking the first vehicle or the second vehicle; and transmit, to the mobile device, a second insurance offer comprising the first parking location and an insurance cost savings corresponding to parking the second vehicle, instead of the first vehicle at the first parking location during the driving trip.

“11. The server of claim 9, wherein the computer-readable instructions are further configured to: calculate the first insurance cost for parking the first vehicle based on a first usage-based parameter indicating a first insurance rate for parking the first vehicle for a predetermined period of time.

“12. The server of claim 9, wherein the request for the insurance coverage further comprises a user-selected type of usage-based insurance coverage to apply to the driving trip, and wherein the computer-readable instructions are further configured to: determine a usage-based parameter associated with the user-selected type of usage-based insurance coverage and the first vehicle; and calculate the first insurance cost for parking the first vehicle based on an insurance rate associated with the determined usage-based parameter.

“13. The server of claim 12, wherein the user-selected type of usage-based insurance coverage comprises at least one of a per-minute usage-based insurance coverage, a per-hour usage-based insurance coverage, a per-day usage-based insurance coverage, or a per-week usage-based insurance coverage.

“14. The server of claim 9, wherein the request for the insurance coverage further comprises a user-selected type of usage-based insurance coverage to apply to the driving trip, and wherein the computer-readable instructions are further configured to: determine, from the driving trip information, a starting point of the driving trip; determine a usage-based parameter associated with the user-selected type of usage-based insurance coverage; and calculate a second insurance cost for driving the first vehicle, during the driving trip, from the starting point to the destination, wherein the second insurance cost is calculated based on an insurance rate associated with the determined usage-based parameter.

“15. The server of claim 14, wherein the user-selected type of usage-based insurance coverage comprises at least one of a per-mile usage-based insurance coverage, a per-trip usage-based insurance coverage, a time of day usage-based insurance coverage, route-related usage-based insurance coverage, traffic-related usage-based insurance coverage, or a weather-related usage-based insurance coverage.”

There are additional claims. Please visit full patent to read further.

URL and more information on this patent, see: Wasserman, Robert. Personalized insurance systems. U.S. Patent Number 11468516, filed May 19, 2020, and published online on October 11, 2022. Patent URL: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=11468516.PN.&OS=PN/11468516RS=PN/11468516

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