System and Method for Estimating Loss Costs and Propensity of an Insured Vehicle and Providing Driving Information

摘要

A system for estimating loss costs for a vehicle is provided. A server is provided in communication with a network, and electronically obtains location information over a period of time from a telematics device installed in a vehicle and transmitted to the server over the network. At least one driving territory is identified, through which the vehicle is driven. At least one garaging loss cost associated with the vehicle is identified, and the system calculates at least one level of exposure for the vehicle based upon the at least one driving territory through which the vehicle is driven. The at least one garaging loss cost and the at least one level of exposure are processed to calculate a driving loss cost for the vehicle, which can be transmitted to a third party in communication with the server over the network for subsequent use by the third party.