State Farm Mutual Automobile Insurance Assigned Patent for alert Notifications Utilizing Broadcasted Telematics Data

ALEXANDRIA, Va., Aug. 10 -- State Farm Mutual Automobile Insurance, Bloomington, Illinois, has been assigned a patent (No. 10,373,497, initially filed Feb. 21, 2018) developed by Gregory Hayward, Bloomington, Illinois, for "alert notifications utilizing broadcasted telematics data."

The full-text of the patent can be found at 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=10,373,497.PN.&OS=PN/10,373,497&RS=PN/10,373,497

The abstract states: "Geographic location data and telematics data may be collected in real-time by a mobile device within a vehicle, or the vehicle itself. The telematics data may indicate vehicle direction, speed, motion, etc., as well as traffic hazards in the surrounding environment. A remote server may receive the location and telematics data from two vehicles. If an anomalous or hazardous condition exists in the vicinity of the first vehicle, a geographic relationship with the second vehicle is determined, and if within a predetermined distance, an alert or alternate route for the second vehicle is determined and transmitted to the second vehicle. As a result, a negative impact or risk of collision caused by the anomalous condition on the second vehicle is alleviated. The amount of the insured's usage of the telematics data-based risk mitigation or prevision functionality may be used to calculate or adjust insurance premiums, rates, or discounts."

Written by Ranjan Behera; edited by Sudarshan Harpal.