DETERMINATION OF DRIVER OR VEHICLE DISCOUNTS AND RISK PROFILES BASED UPON VEHICULAR TRAVEL ENVIRONMENT
Systems and methods are described for determining an average travel environment associated with a vehicle and for generating a related risk profile. In various aspects telematics data may be received via wireless communication over one or more radio links from a computing device traveling with a vehicle. An average travel environment, that can account for an average amount of pedestrian traffic or an average amount of vehicle traffic that the vehicle typically travels in, may be determined from processor analysis of the telematics data. The average travel environment may be used to generate a risk profile. An auto insurance policy option may be generated based upon the risk profile auto and transmitted via wireless communication to the computing device to facilitate an insured's review and approval of the auto insurance policy option that is provided based upon a risk associated with the average travel environment.
1 . A wireless telematics-based system comprising:
a telematics server;
a memory communicatively coupled to the telematics server; and
a telematics application (app) configured for installation on a mobile computing device, wherein the telematics app is configured for networked communication with the telematics server, and
wherein the telematics server is configured to:
collect, via wireless communication over one or more radio links, telematics data from the telematics app over a period of time, the telematics app executing on the mobile computing device, and the mobile computing device traveling with a vehicle operated by a user,
apply a trained machine learning model to the telematics data to determine a quantified amount of pedestrian traffic volume that the vehicle typically travels in and a quantified amount of vehicle traffic volume that the vehicle typically travels in,
determine, based on the telematics data, a vehicle travel environment of the vehicle, wherein the vehicle travel environment comprises data on (i) the quantified amount of pedestrian traffic volume that the vehicle typically travels in, (ii) the quantified amount of vehicle traffic volume that the vehicle typically travels in, and (iii) a quantified number of infrastructure components that the vehicle typically encounters during travel, wherein the vehicle travel environment further comprises a first street-based risk rating assigned to a first street and a second street-based risk rating assigned to a second street,
generate a vehicle risk profile for the vehicle or the user based on the vehicle travel environment, the vehicle risk profile determined based on (1) the quantified amount of pedestrian traffic volume in the vehicle travel environment, (2) the quantified amount of vehicle traffic volume in the vehicle travel environment, (3) the quantified number of infrastructure components in the vehicle travel environment, and (4) each of the first street-based risk rating and the second street-based risk rating,
generate a user interface based vehicle insurance policy option based upon the vehicle risk profile,
transmit, via wireless communication over the one or more radio links, the user interface based vehicle insurance policy option to the mobile computing device for display via the telematics app, the telematics app configured to receive the user's approval of the user interface based vehicle insurance policy option, wherein the user interface based vehicle insurance policy option is provided to the telematics app based upon a risk associated with the vehicle travel environment determined from the vehicle risk profile, and
receive, from the telematics app, the approval of the user interface based vehicle insurance policy option, the approval activating at least one of (1) a vehicle insurance discount, or (2) a usage-based vehicle insurance premium for the user.
2 . (canceled)
3 . The wireless telematics-based system of claim 1 , wherein the telematics data is received from one or more sensors associated with the vehicle, wherein the one or more sensors include one or more of the following: a camera, a video recording device, an infrared device, or a radar unit.
4 . The wireless telematics-based system of claim 1 , wherein the telematics data includes one or more of the following: pedestrian traffic information, vehicle traffic information, types of streets or roads, the vehicle's speed, or the vehicle's average speed.
5 . (canceled)
6 . The wireless telematics-based system of claim 1 , wherein the telematics data is collected over one or more vehicle trips or days.
7 . The wireless telematics-based system of claim 1 , wherein the mobile computing device is one or more of the following: a mobile device associated with the user or one or more processors associated with the vehicle.
8 . The computer wireless telematics-based system of claim 1 , further configured to associate the vehicle risk profile with at least one of the user or the vehicle.
9 . The wireless telematics-based system of claim 1 , wherein the telematics data includes data from at least one or more of the following: smart infrastructure or other vehicles.
10 . The wireless telematics-based system of claim 1 , wherein the usage-based vehicle insurance premium is priced by one or more of the following: by miles traveled or by period of time.
11 . A wireless telematics-based method comprising:
collecting, at a telematics server via wireless communication over one or more radio links, telematics data from a telematics application (app) over a period of time, the telematics app executing on a mobile computing device traveling with a vehicle operated by a user;
applying a trained machine learning model to the telematics data to determine the quantified amount of pedestrian traffic volume that the vehicle typically travels in and the quantified amount of vehicle traffic volume that the vehicle typically travels in;
determining, based on the telematics data, a vehicle travel environment of the vehicle, wherein the vehicle travel environment comprises data on (i) the quantified amount of pedestrian traffic that the vehicle typically travels in, (ii) the quantified amount of vehicle traffic that the vehicle typically travels in, and (iii) a quantified number of infrastructure components that the vehicle typically encounters during travel, wherein the vehicle travel environment further comprises a first street-based risk rating assigned to a first street and a second street-based risk rating assigned to a second street;
generating, at the telematics server, a vehicle risk profile for the vehicle or the user based on the vehicle travel environment, the vehicle risk profile determined based on (1) the quantified amount of pedestrian traffic volume in the vehicle travel environment, (2) the quantified amount of vehicle traffic volume in the vehicle travel environment, (3) the quantified number of infrastructure components in the vehicle travel environment, and (4) each of the first street-based risk rating and the second street-based risk rating;
generating, at the telematics server, a user interface based vehicle insurance policy option based upon the vehicle risk profile;
transmitting, to the mobile computing device via wireless communication over the one or more radio links, the user interface based vehicle insurance policy option for display via the telematics app, the telematics app configured to receive the user's approval of the user interface based vehicle insurance policy option, wherein the user interface based vehicle insurance policy option is provided to the telematics app based upon a risk associated with the vehicle travel environment determined from the vehicle risk profile; and
receiving, from the telematics app, the approval of the user interface based vehicle insurance policy option, the approval activating at least one of (1) a vehicle insurance discount, or (2) a usage-based vehicle insurance premium for the user.
12 . (canceled)
13 . The wireless telematics-based method of claim 11 , wherein the telematics data is received from one or more sensors associated with the vehicle, wherein the one or more sensors include one or more of the following: a camera, a video recording device, an infrared device, or a radar unit.
14 . The wireless telematics-based method of claim 11 , wherein the telematics data includes one or more of the following: pedestrian traffic information, vehicle traffic information, types of streets or roads, the vehicle's speed, or the vehicle's average speed.
15 . (canceled) .
16 . The wireless telematics-based method of claim 11 , wherein the telematics data is collected over one or more vehicle trips or days.
17 . The wireless telematics-based method of claim 11 , wherein the mobile computing device is one or more of the following: a mobile device associated with the user or one or more processors associated with the vehicle.
18 . The wireless telematics-based method of claim 11 , further comprising associating the risk profile with at least one of the user or the vehicle.
19 . The wireless telematics-based method of claim 11 , wherein the telematics data includes data from at least one or more of the following: smart infrastructure or other vehicles.
20 . The wireless telematics-based method of claim 11 , wherein the usage-based vehicle insurance premium is priced by one or more of the following: by miles traveled or by period of time.