US Patent Issued to United Services Automobile Association (USAA) on Dec. 2 for "Systems and methods for managing an insurance policy for a vehicle" (Texas Inventor)

ALEXANDRIA, Va., Dec. 2 -- United States Patent no. 12,488,396, issued on Dec. 2, was assigned to United Services Automobile Association (USAA) (San Antonio).

"Systems and methods for managing an insurance policy for a vehicle" was invented by Michael Patrick Bueche Jr. (San Antonio).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system includes one or more sensors configured to acquire data indicative of a condition of one or more components of a vehicle. The system also includes one or more processors configured to receive the data, determine a risk profile for the vehicle based on the data, and determine an insurance cost for the vehicle based on the risk profile."

The patent was filed on Oct. 19, 2023,...