Invention Grant
US07987103B2 System and method for the assessment, pricing, and provisioning of distance-based vehicle insurance
有权
基于距离的车辆保险的评估，定价和配置的系统和方法
- Patent Title: System and method for the assessment, pricing, and provisioning of distance-based vehicle insurance
- Patent Title (中): 基于距离的车辆保险的评估，定价和配置的系统和方法
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Application No.: US11738796Application Date: 2007-04-23
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Publication No.: US07987103B2Publication Date: 2011-07-26
- Inventor: Chris Gay , John C. McKinney , Jeffrey R. Fellows , Leonard D. Duncan
- Applicant: Chris Gay , John C. McKinney , Jeffrey R. Fellows , Leonard D. Duncan
- Applicant Address: US TX Dallas
- Assignee: MileMeter, Inc.
- Current Assignee: MileMeter, Inc.
- Current Assignee Address: US TX Dallas
- Agency: Fellers, Snider, Blankenship, Bailey & Tippens, P.C.
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A method of providing vehicle insurance is disclosed. Determining a number of unexpired units distance under an existing insurance policy, the existing policy being defined in part by coverage for a predetermined number of units distance for a specified vehicle is disclosed. Assessing a premium per unit distance for a new policy, and providing coverage under the new policy for the unexpired units distance under the existing policy in exchange for receiving a payment comprising the difference between the premium per unit distance for the new policy and a premium per unit distance for the existing policy multiplied by the number of unexpired units distance is disclosed.
Public/Granted literature
- US20070288270A1 SYSTEM AND METHOD FOR THE ASSESSMENT, PRICING, AND PROVISIONING OF DISTANCE-BASED VEHICLE INSURANCE Public/Granted day:2007-12-13
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