18525502. SYSTEMS AND METHODS FOR ENVIRONMENTAL ANALYSIS BASED UPON VEHICLE SENSOR DATA simplified abstract (STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY)

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SYSTEMS AND METHODS FOR ENVIRONMENTAL ANALYSIS BASED UPON VEHICLE SENSOR DATA

Organization Name

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

Inventor(s)

Nathan Tofte of Downs IL (US)

Cole Nave of Sugar Hill GA (US)

SYSTEMS AND METHODS FOR ENVIRONMENTAL ANALYSIS BASED UPON VEHICLE SENSOR DATA - A simplified explanation of the abstract

This abstract first appeared for US patent application 18525502 titled 'SYSTEMS AND METHODS FOR ENVIRONMENTAL ANALYSIS BASED UPON VEHICLE SENSOR DATA

Simplified Explanation

The abstract describes a system for analyzing the environment of a vehicle, determining the condition of a building based on environmental conditions, and generating an insurance quote for the building.

  • The system receives data from vehicle sensors, including environmental conditions.
  • It analyzes the data to determine environmental conditions at a location.
  • It determines the condition of a building at the location based on the environmental conditions.
  • It determines an insurance product for the building based on the condition.
  • It generates an insurance quote for the insurance product.

Potential Applications

This technology could be applied in the insurance industry for assessing building conditions and providing accurate insurance quotes based on environmental factors.

Problems Solved

This technology solves the problem of accurately assessing building conditions and providing insurance quotes quickly and efficiently.

Benefits

The benefits of this technology include increased speed and accuracy for insurance providers in assessing potential clients and their property conditions.

Potential Commercial Applications

A potential commercial application of this technology could be in the insurance industry for streamlining the process of assessing building conditions and generating insurance quotes.

Possible Prior Art

One possible prior art could be systems that analyze environmental conditions for various purposes, but not specifically for determining building conditions for insurance purposes.

Unanswered Questions

== How does the system ensure the accuracy of the data received from the vehicle sensors? The system may use calibration methods or data validation techniques to ensure the accuracy of the data.

== What measures are in place to protect the privacy and security of the data collected from the vehicle sensors? The system may employ encryption, access controls, and data anonymization techniques to protect the privacy and security of the collected data.


Original Abstract Submitted

A system for analyzing the environment of a vehicle i) receives a plurality of data from at least one sensor associated with a vehicle, such that the plurality of data includes at least one environmental condition at a location; (ii) analyzes the plurality of data to determine the at least one environmental condition at the location; (iii) determines a condition of a building at the location based upon the at least one environmental condition; (iv) determines an insurance product for the building based upon the determined condition associated with the building; and (v) generates an insurance quote for the insurance product. As a result, the speed and accuracy of insurance providers learning about potential clients and the conditions of the potential client's property and needs is increased.