US Patent Issued to Ford Global Technologies on Oct. 20 for "Automatic data collection of high-fidelity vehicle data for usage based insurance" (Michigan, Minnesota Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,197, issued on Oct. 20, was assigned to Ford Global Technologies LLC (Dearborn, Mich.).

"Automatic data collection of high-fidelity vehicle data for usage based insurance" was invented by David Michael Herman (West Bloomfield, Mich.) and Anuj Pal (St Paul, Minn.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Assessing driver risk for usage-based insurance (UBI) is provided. Risk metrics are sent, to a plurality of vehicles from a cloud server, defining indications of driving events that may occur on the vehicles that are indicative of an effect on UBI rates for the vehicles. The cloud server receives, from the vehicles, aggregated data points collec...