SYSTEM AND METHOD FOR DYNAMIC INSURANCE COVERAGE IN A SUBSCRIPTION VEHICLE SERVICE

摘要

Embodiments of methods and systems for dynamic insurance of clients with access to a shared asset pool through a subscription vehicle service are disclosed. An exemplary embodiment of a method for dynamic insurance leverages a subscription vehicle service platform to collect data elements associated with each driver-to-vehicle combination in the subscription vehicle service. Using the collected data elements, embodiments package the data elements according to predefined preferences of one or more insurance providers. When a present driver-to-vehicle combination associated with a given client changes, the packaged data elements are provided to the insurance providers in order to solicit quotations, or approval, or continuation of current policy for the new driver-to-vehicle combination. In this way, constantly updated data elements derived from the client's use of the service provide accurate information for optimized insurance coverage based on the client's active driver-to-vehicle combination.

主权项

1. A method for dynamic insurance of clients with access to a shared asset pool through a subscription vehicle service, the method comprising:
collecting data elements associated with each driver-to-vehicle combination in the subscription vehicle service; for a given client, recognizing generation of a new driver-to-vehicle combination, wherein generating the new driver-to-vehicle combination coincides with terminating a previous driver-to-vehicle combination; packaging the data elements and providing the packaged data elements to an insurance provider, wherein the data elements are packaged according to predefined preferences of the insurance provider and the insurance provider underwrites an insurance policy for the given client; receiving feedback from the insurance provider regarding the new driver-to-vehicle combination; and based on the feedback, determining authorization of the new driver-to-vehicle combination.