System and Method for Determining and Monitoring Auto Insurance Incentives

摘要

A computer system or computer-implemented method may provide incentives to an insured customer for receiving sensor data indicating risk-reducing and risk-increasing behavior during the policy term. In-vehicle sensors or other devices may gather information about the vehicle and its use during the policy term and send the information to a back-end system for analysis. Based on this analysis, the back-end system may determine that the received information is indicative of risk-reducing or increasing behavior. Upon confirmation that the information indicates risk-reducing or increasing behavior, the back-end system may perform one or more actions defined by a set of rules to establish an incentive or disincentive for the customer corresponding to the behavior. For example, the system may modify the customer's insurance policy data, send an e-mail, letter, gift card, coupon, points, or other incentive or disincentive for the customer based on the analysis.

主权项

1. A computer-implemented method for providing incentives or disincentives to an insured customer during the term of an insurance policy, the method comprising:
receiving, via a computer network, sensor data from one or more sensors, the sensor data including data that measures characteristics of an operating insured vehicle and its use; determining, by one or more processors, a risk score for the received sensor data; assigning, by one or more processors, the risk score to insurance policy data corresponding to the insured customer, wherein a magnitude of the risk score is based on a degree that the risk score exceeds a threshold; matching, by one or more processors, the determined risk score to a rule, the rule defining an action to execute an incentive or a disincentive for the insured customer based on the determined risk score; and executing, by one or more processors, the action.