Systems and methods for identifying and assessing location-based risks for vehicles

A system for notifying a vehicle operator associated with a vehicle of a location-based risk, comprising:

• a transceiver for communicating data via a communication network;
• a memory storing non-transitory computer executable instructions;
• and
• a processor interfacing with the transceiver, wherein the processor is configured to execute the non-transitory computer executable instructions to cause the processor to:
• receive, via the transceiver at a first time from an electronic device, an initial location of the vehicle, the initial location corresponding to where the vehicle is parked, and (ii) generated by a global positioning system (GPS) sensor incorporated within the electronic device,
• retrieve, from a third-party server via the transceiver, historical crime data associated with the initial location and indicating a set of incidents that occurred in association with the initial location,
• examine the historical crime data to identify the location-based risk,
• calculate, based on the historical crime data, a percentage chance of incident to the vehicle at the initial location, wherein the percentage chance of incident exceeds a threshold amount,
• automatically communicate, via the transceiver, an indication of the location-based risk to the electronic device, the electronic device configured to display the indication of the location-based risk for assessment by the vehicle operator,
• subsequent to communicating the indication, receive, via the transceiver at a second time from the location module of the electronic device, an updated location of the vehicle,
• calculate (i) an updated percentage chance of incident, to the vehicle at the updated location, associated with the location-based risk, and (ii) an elapsed time period between the first time and the second time,
• determine (i) that the updated percentage chance of incident is less than the percentage chance of incident, and (ii) that the elapsed time period is less than a threshold time period, the threshold time period associated with the location-based risk,
• determine, based at least in part on the elapsed period of time, a reward redeemable by the vehicle operator and associated with the location-based risk being mitigated, and
• cause a user interface of the electronic device to display (i) a first notification that the location-based risk is mitigated and (ii) a second notification of the reward.