SYSTEMS AND METHODS FOR CUSTOMIZING INSURANCE

摘要

System and methods provide customizable insurance according to consumer preferences. Demand simulators guide the creation of optimized packages of features, which consumers may select from to form an insurance product appropriate for their particular needs. Packages may be formed with a particular appeal to consumers with common needs, wants, or characteristics. In addition, methods and systems are provided for presenting insurance products for consideration by customers over a network. Presented insurance products may be formed through an optimization process or according to customer preferences.

主权项

1. A system of apparatuses comprising:
an insurance customer terminal including,
at least one processor;a memory unit;at least one input device; andan electronic display; and an insurance computer server including,
at least one processor; anda memory storing computer-readable instructions that, when executed by the processor, cause the insurance computer server to:
transmit an insurance policy customization user interface to the insurance customer terminal via a computer network;receive, from the insurance customer terminal and via the computer network, an indication of a selection of a standard insurance package from the user interface;determine a premium price associated with the selected standard insurance package;receive, from the insurance customer terminal and via the computer network, an indication of a selection of one or more optional insurance features not included in the standard insurance package;determine one or more feature prices associated with the one or more selected optional insurance features; andcalculate an insurance policy premium based on the premium price associated with the selected standard insurance package and the one or more feature prices associated with the one or more selected optional insurance features.