The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 06, 2019
Filed:
Mar. 16, 2016
State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);
Jennifer Criswell Kellett, Bloomington, IL (US);
Edward P. Matesevac, III, Normal, IL (US);
Kristopher K. Gaudin, Bloomington, IL (US);
Rebecca L. Gruen, Bloomington, IL (US);
Michael D. Doiron, Baton Rouge, LA (US);
Alice Chi, Des Plaines, IL (US);
Lee Drinkwater, Rochester, NY (US);
Geoff Segal, Chicago, IL (US);
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Bloomington, IL (US);
Abstract
An insurance coverage and rating system and method. The system includes one or more data collecting devices collecting telematics data relative to one or more of an automobile, a home, health or at least one social media platform of an insured. An insurance analysis center is communicatively coupled to the one or more data collecting devices and receives telematics data from the one or more data collecting devices. The insurance analysis center determines an insurance rate for one or more of automobile insurance coverage, home insurance coverage, or life insurance coverage based at least in part on the telematics data received. A total insurance policy premium is then calculated by adding at least two of the determined insurance rates for the one or more of the automobile insurance coverage, the home insurance coverage or the life insurance coverage.