System and method to predict an insurance policy benefit associated with telematics data
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United States of America Patent
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Aug 5, 2014
Issued Date -
N/A
app pub date -
Jun 21, 2012
filing date -
May 22, 2012
priority date (Note) -
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Abstract
A system and method are disclosed herein to predict an insurance benefit, such as a discount, associated with telematics data. The system includes a processor configured to determine demographic information associated with a driver of a vehicle. A first average number of safety events associated with a first safety event type may be displayed along with a second average number of safety events associated with a second safety event type, wherein the averages are based at least in part on the demographic information. A first predicted number of safety events associated with the first safety event type may be received from the driver along with a second predicted number of safety events associated with the second safety event type. A predicted discount may be automatically calculated and output.
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