Systems and methods for notification of exceeding speed limits

A computer-implemented method for notifying a user of exceeding a speed limit corresponding to a path upon which a wearable notification device worn by the user is traveling, the method comprising:

• receiving, by a server device, current speed data associated with a current speed of a wearable notification device from a movable device;
• comparing the current speed data to speed limit data indicative of a speed limit corresponding to a path upon which the wearable notification device is travelling;
• generating, by the server device, a notification signal when the current speed exceeds the speed limit, wherein an intensity of the notification signal varies as a function of a difference between the current speed and the speed limit;
• transmitting, by the server device, the notification signal to the wearable notification device, wherein the wearable notification device translates the notification signal into a physical action, and wherein an intensity of the physical action varies according to the difference between the current speed and the speed limit;
• and
• when the current speed is below the speed limit for a period of time, causing, by the server device, at least one insurance-related action to be performed regarding an insurance policy associated with a user of the wearable notification device, wherein the at least one insurance-related action includes at least one of (i) applying a discount to a premium associated with the insurance policy, or (ii) transmitting an insurance offer for the insurance policy to the user.

At least one non-transitory computer-readable storage media having computer-executable instructions embodied thereon, wherein when executed by at least one processor, the computer-executable instructions cause the at least one processor to:

• receive current speed data associated with a current speed of a wearable notification device from a movable device;
• compare the current speed data to speed limit data indicative of a speed limit corresponding to a path upon which the wearable notification device is travelling;
• generate a notification signal when the current speed exceeds the speed limit, wherein an intensity of the notification signal varies as a function of a difference between the current speed and the speed limit;
• transmit the notification signal to the wearable notification device, wherein the wearable notification device translates the notification signal into a physical action, and wherein an intensity of the physical action varies according to the difference between the current speed and the speed limit;
• and
• when the current speed is below the speed limit for a period of time, cause at least one insurance-related action to be performed regarding an insurance policy associated with a user of the wearable notification device, wherein the at least one insurance-related action includes at least one of (i) applying a discount to a premium associated with the insurance policy, or (ii) transmitting an insurance offer for the insurance policy to the user.