System and Method of Determining a Cost of Insurance The inventions relate to a system and method for pricing vehicle insurance (e., automobile, airplane and/or boat) based on one or more in situ behavioural "driving" data (for example, harshness, speed, distance, time, "driving" environment (for example, weather conditions, traffic conditions, population density), number of passengers, and/or external distractions (texts, emails, and telephone activity)). Such data may be collected from one or more sensors (for example, inertial, location) contained in a mobile or portable electronic device
A Provisional patent application filed on 18 June 2014 credited to Murrie, Andrew ; Graham, Michael
Details
Application number :
2014902333
Application type :
Provisional
Application status :
FILED
Under opposition :
No
Proceeding type :
Invention title :
System and Method of Determining a Cost of Insurance The inventions relate to a system and method for pricing vehicle insurance (e., automobile, airplane and/or boat) based on one or more in situ behavioural "driving" data (for example, harshness, speed, distance, time, "driving" environment (for example, weather conditions, traffic conditions, population density), number of passengers, and/or external distractions (texts, emails, and telephone activity)). Such data may be collected from one or more sensors (for example, inertial, location) contained in a mobile or portable electronic device