| CPC B60W 40/09 (2013.01) [G06Q 10/1053 (2013.01); G06Q 40/08 (2013.01); G06Q 40/12 (2013.12); G07C 5/008 (2013.01); G07C 5/0841 (2013.01); B60W 2040/0818 (2013.01); B60W 2040/0872 (2013.01)] | 26 Claims |
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1. A system for determining qualification for insurance, cost of insurance or combinations thereof for a motor vehicle operator, comprising:
(a) at least one personal monitoring device,
(i) wherein the personal monitoring device includes one or more mechanisms for wearing the personal monitoring device and/or attaching the personal monitoring device to the operator such that the personal monitoring device is worn by the operator and/or attached to the operator when the operator is operating the motor vehicle and when the operating is not operating the motor vehicle;
(ii) wherein the personal monitoring device is not installed in the motor vehicle when the operator is operating the motor vehicle;
(iii) wherein the personal monitoring device further comprises hardware including a local memory, a battery, sensors, and a Global Positioning System (GPS) component; wherein the sensors include a health and fitness sensor, an accelerometer, and a gyroscope; and the personal monitoring device provides functions including a GPS function and a communication function;
(iv) wherein the personal monitoring device is operative to monitor and communicate information about an operator of the motor vehicle, including at least driving data that is collected when the operator is operating the motor vehicle;
(v) wherein the driving data is solely collected by the personal monitoring device without receiving such driving data from vehicle sensors, calculated or derived based on data solely collected by the personal monitoring device without receiving such data from vehicle sensors, or combinations thereof; and
(vi) wherein additional information including location is collected by the personal monitoring device when an operator is not operating the motor vehicle; wherein at least a portion of the information collected when the operator is not operating the motor vehicle is used to determine additional risk;
(b) at least one application software resident on the personal monitoring device,
(i) wherein the application software interfaces with the personal monitoring device hardware and functions to monitor and communicate information used for determining qualification for insurance, cost of insurance or combinations thereof;
(ii) wherein the application software is activated and deactivated based on predetermined trigger events; and
(iii) wherein the application software comprises a setup subsystem that is at least initiated when the user starts using the system; wherein the setup subsystem is operative to determine at least one trigger event used to activate or deactivate the application software;
(c) at least one central control system that is operative to collect, process and communicate at least a portion of the information collected and/or derived by the personal monitoring device used for determining qualification for insurance, cost of insurance or combinations thereof;
(d) at least one process to identify data issues in the information collected by the personal monitoring device;
wherein the information collected and processed for identifying data issues comprises driving data including date, time and speed collected by one or more components of the personal monitoring device including GPS, accelerometer, or combinations thereof;
wherein the data issues identified comprise:
presence of insufficient driving data collected by one or more components of the personal monitoring device; and
presence of duplicate driving data, gaps in driving data, or combinations thereof recorded by the personal monitoring device; and
(e) at least one algorithm, wherein the algorithm is operative to determine qualification for insurance, cost of insurance or combinations thereof for the operator based on at least a portion of the information collected by the personal monitoring device.
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