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:
Sep. 10, 2019
Filed:
Jan. 05, 2015
State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);
Benjamin F. Bowne, Mackinaw, IL (US);
Jufeng “James” Peng, Normal, IL (US);
Nicholas R. Baker, Normal, IL (US);
Duane Lee Marzinzik, Springfield, IL (US);
Matthew Eric Riley, Sr., Heyworth, IL (US);
Nick U. Christopulos, Bloomington, IL (US);
Brian Mark Fields, Normal, IL (US);
J Lynn Wilson, Normal, IL (US);
Bryan T. Wilkerson, Bloomington, IL (US);
David W. Thurber, Sherman, IL (US);
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Bloomington, IL (US);
Abstract
A method for providing vehicle operation data to a remote computer or server for calculation of a vehicle insurance premium for a period of time based at least in part on collected vehicle operation data, wherein the method includes steps of: collecting vehicle operation data via a mobile device while the mobile device is associated with an operating vehicle, wherein the vehicle operation data has insurance risk predictive power; and transmitting the collected vehicle operation data from the mobile device to a remote computer. The remote computer or server receives collected vehicle operation data, stores the collected vehicle operation data in a database, a determines a vehicle insurance premium via a rating engine based at least in part on collected vehicle operation data.