Determining Cost of Auto Insurance
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United States of America Patent
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Issued Date -
Aug 2, 2012
app pub date -
Jan 26, 2012
filing date -
Jan 27, 2011
priority date (Note) -
Abandoned
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Abstract
A system for analyzing sensor data output from a mobile communications appliance to adjust insurance premiums for consumers includes an Internet-connected server; and software executing on the server from a non-transitory physical medium, the software providing a first function for collecting raw data from the mobile communications appliance, a second function for analyzing the raw data in light of results of previous data analyses, and a third function for adjusting a standing insurance premium rate associated with the mobile communications appliance.
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