Systems and methods for predictive modeling via simulation
AssigneeState Farm Mutual Automobile Insurance Company
InventorsBryan R. Nussbaum, Jeremy Carnahan, John A. Schirano, Vicki King, Mike McGraw
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AssigneeState Farm Mutual Automobile Insurance Company
InventorsBryan R. Nussbaum, Jeremy Carnahan, John A. Schirano, Vicki King, Mike McGraw
Estimating the term…
Methods, systems, and computer readable media for predictively determining a risk of damage to a property are provided. To determine the risk, a high resolution virtual model of a region that includes the property is obtained. The virtual model is imported into a simulation environment. One or more of the simulation parameters are set based on historic weather data for the region. For example, each parameter may be associated with a probability distribution derived based on the historic weather data that is sampled prior to executing the simulation. One or more simulations are executed in accordance with the sampled inputs to simulate the likely weather patterns the property will experience. The result of the simulation is analyzed to determine the predicted risk of damage to the property.
A computer-implemented method, comprising:
A system, comprising:
A non-transitory computer-readable medium storing computer-executable instructions that, when executed by one or more processors, cause the one or more processors to:
Dependencies are inferred from the claim text.