Using machine learning techniques to calculate damage of vehicles involved in an accident
AssigneeState Farm Mutual Automobile Insurance Company
InventorsBrian Mark Fields, Lee Marvin John Assam
Life of this patent
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AssigneeState Farm Mutual Automobile Insurance Company
InventorsBrian Mark Fields, Lee Marvin John Assam
Estimating the term…
Systems and methods may incorporate machine learning techniques to evaluate the extent of damage caused to vehicles involved in an accident. The system will receive photos of a vehicle involved in an accident and retrieve data from a number of different sources and use the data to calculate the cost of repair for the vehicle. Data sources can include information of vehicles involved in similar accidents, information of similar vehicles involved in accidents, virtual reality models of vehicles obtained from a database provided by the manufacturer, etc. The system will continuously update machine learning algorithms by comparing calculated damage to actual repair costs and further update the appropriate databases.
A method of iterating a machine learning algorithm as part of a dynamic evaluation tool, the machine learning algorithm trained for estimating damage to a vehicle, the method comprising:
A system of iterating a machine learning model trained for calculating damage to a vehicle, the system comprising:
A non-transitory computer-readable medium including computer-readable instructions stored thereon that, when executed by one or more processors, cause the one or more processors to iterate a machine learning model trained for estimating damage to a vehicle by:
Dependencies are inferred from the claim text.