Invention Grant
- Patent Title: Methods for vehicle valuation utilizing automated integration of build sheet data and devices thereof
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Application No.: US15680575Application Date: 2017-08-18
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Publication No.: US11042939B2Publication Date: 2021-06-22
- Inventor: Philip Kroell , Michael Milliken , Joseph Riedesel
- Applicant: Mitchell International, Inc.
- Applicant Address: US CA San Diego
- Assignee: Mitchell International, Inc.
- Current Assignee: Mitchell International, Inc.
- Current Assignee Address: US CA San Diego
- Agency: Sheppard Mullin Richter & Hampton LLP
- Main IPC: G06Q40/08
- IPC: G06Q40/08 ; G06Q30/02

Abstract:
A method, non-transitory computer readable medium and apparatus for vehicle valuation includes integrating with an insurance claim application executed by an agent device in response to an electronic request for a claim for a vehicle. Automated valuation of the claim vehicle in the insurance claim application executed by an agent computing device is managed. Corresponding build sheet data from a build sheet data server device for the comparable vehicles and the vehicle based on a corresponding vehicle identifier for each is obtained. A comparable base value of each of the comparable vehicles to the claim vehicle is adjusted based on differences between the obtained build sheet data for each. A claim base value for the claim vehicle is determined based on the adjusted comparable base values for each of the identified comparable vehicles. The determined claim base value is set in the insurance claim application executed by the agent device.
Public/Granted literature
- US20180053256A1 METHODS FOR VEHICLE VALUATION UTILIZING AUTOMATED INTEGRATION OF BUILD SHEET DATA AND DEVICES THEREOF Public/Granted day:2018-02-22
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