STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY (20240338775). HOME SCORE MARKETPLACE simplified abstract

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HOME SCORE MARKETPLACE

Organization Name

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

Inventor(s)

John Mullins of Oak View CA (US)

Randy Oun of Bloomington IL (US)

Phillip Michael Wilkowski of Gilbert AZ (US)

Sharon Gibson of Apache Junction AZ (US)

Jason Goldfarb of Bloomington IL (US)

Arsh Singh of Frisco TX (US)

Daniel Wilson of Phoenix AZ (US)

Michael P. Baran of Bloomington IL (US)

Bryan Nussbaum of Edwardsville IL (US)

Anish Agarwal of Chandler AZ (US)

Ronald Dean Nelson of Bloomington IL (US)

Alexander Cardona of Gilbert AZ (US)

John Andrew Schirano of Bloomington IL (US)

Christopher N. Kawakita of Normal IL (US)

Daniel Wang of San Mateo CA (US)

Amy L. Starr of Roswell GA (US)

HOME SCORE MARKETPLACE - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240338775 titled 'HOME SCORE MARKETPLACE

The abstract discusses a system for determining and displaying home scores, including identifying information of a home and displaying an overall home score based on various subscores such as home safety, fire protection, sustainability, and home automation.

  • System for determining and displaying home scores
  • Includes identifying information of a home and overall home score
  • Subscores include home safety, fire protection, sustainability, and home automation
  • Relative home score compares overall score with other homes

Potential Applications: This technology could be used in real estate listings to provide a comprehensive overview of a home's features and safety measures. It could also be utilized by homeowners to assess and improve the overall score of their property.

Problems Solved: This technology addresses the need for a standardized method of evaluating and comparing homes based on various factors such as safety, sustainability, and automation.

Benefits: The system provides a holistic view of a home's attributes and allows for easy comparison with other properties. It can help homeowners identify areas for improvement and potentially increase the value of their homes.

Commercial Applications: Title: Home Score Evaluation System This technology could be commercialized as a tool for real estate agents, home inspectors, and homeowners looking to enhance the marketability of their properties. It could also be integrated into home automation systems to provide real-time feedback on safety and sustainability measures.

Questions about Home Score Evaluation System: 1. How does the system determine the relative home score compared to other homes? The system compares the overall home score with scores of other homes to provide a relative ranking based on various subscores.

2. Can homeowners input additional data to improve their home scores? Homeowners may be able to input additional information or updates to improve their home scores, such as adding new safety features or sustainability measures.


Original Abstract Submitted

the following relates generally to determining and/or displaying home scores. in some embodiments, one or more processors: (1) display, in a first portion of a display, identifying information of a home; and (2) display, in a second portion of the display: (a) an overall home score determined based upon a plurality of home subscores; (b) the plurality of home subscores comprising: a home safety subscore determined via a home safety subscore machine learning algorithm, a fire protection subscore determined via a fire protection subscore machine learning algorithm, a sustainability subscore determined via a sustainability subscore machine learning algorithm, and/or a home automation subscore determined via a home automation subscore machine learning algorithm; and (c) a relative home score comprising a comparison between the overall home score and scores of other homes.