State Farm Mutual Automobile Insurance had 23 patents in internet of things during Q2 2024. State Farm Mutual Automobile Insurance Co has filed patents for a system that automates personal property replacement after an insurance event, a method for fueling vehicles using navigation and automation, a trusted data bank for managing personal data streams, a web-based digital claims platform for filing insurance claims, and methods for assessing and responding to malfunctions in autonomous vehicles and smart homes. GlobalData’s report on State Farm Mutual Automobile Insurance gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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State Farm Mutual Automobile Insurance had no grants in internet of things as a theme in Q2 2024.
Recent Patents
Application: Systems and methods for enhanced personal property replacement (Patent ID: US20240212058A1)
The patent filed by State Farm Mutual Automobile Insurance Co. describes a system for enhanced personal property replacement that utilizes object recognition techniques on mobile device images to create a virtual inventory of personal belongings. Users can transmit preferences and request insurance claims after an event, with the system automatically determining items to purchase based on preferences and damage extent, transmitting virtual orders to retailers for delivery to temporary or permanent addresses. The system aims to streamline the replacement process post-events like fires or hurricanes, using insurance claim funds to alleviate the impact on the user's life.
The patent's claims detail a computer system that receives replacement claim messages, determines replacement items associated with identified items, and transmits electronic orders to retailers for delivery to users without further interaction. The system can use user identifiers, preferences, purchase histories, Wi-Fi networks, smart home systems, and image analysis to determine replacement items. The method is designed to be user-friendly, efficient, and automated, ensuring a seamless process for replacing personal belongings post-insurance claims, ultimately enhancing customer experience and satisfaction.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
