Method and system for processing automobile insurance of a prepaid type according to driving distance and time of vehicle

A method for processing an insurance of a prepaid type, comprising the steps of:

• purchasing a card, on which a predetermined information on insurance is recorded, at a price discriminated according to the existing method of calculating an insurance fee;
• inputting the predetermined information on the insurance recorded on the purchased card through a card reader of the insurance processing system mounted on a vehicle;
• memorizing the information on the insurance read out by a microcomputer from the card reader in a memory device controlled by the microcomputer, and displaying the same on a display section;
• inputting driving information sensed by a vehicle driving information sensor connected to the prepaid-type insurance processing system as the vehicle drives;
• computing a remaining insurance value or a used insurance value by means of the microcomputer based on the insurance information read out by the card and the driving information inputted by the vehicle driving information sensor;
• and
• transmitting the remaining insurance value or the used insurance value computed by the microcomputer to the memory device so as to renew or extinguish the insurance value recorded in the memory device.

A method for processing an insurance of a prepaid type, comprising the steps of:

• inputting a predetermined information on insurance at a price discriminated according to the conventional method of calculating an insurance fee to a memory device of a prepaid-type insurance processing system;
• reading in an insurance value memorized in the memory device, and displaying the read-in the insurance value on a display section by a microcomputer of the prepaid-type insurance processing system;
• inputting information on driving to the microcomputer by a driving information sensor connected to the prepaid-type insurance processing system according to driving of a vehicle;
• computing a remaining insurance value or a used insurance value based on the information on driving read-in by the memory device and the information on driving inputted from the driving information sensor by the microcomputer;
• and
• renewing or extinguishing the insurance value recorded in the memory device by transmitting the remaining insurance value or the used insurance value computed by the microcomputer.

A system for processing an insurance of a prepaid type, comprising:

• memory means for memorizing information on insurance of a prepaid type including a type of insurance, subscribed insurance value, personal information on a driver, diverse information on a vehicle;
• read-out means for reading out information on the insurance including the insurance value stored in the memory means;
• recording means for recording information on the insurance on the memory means;
• display means for displaying information stored in the memory means;
• driving information sensing means for sensing driving information of the vehicle;
• storing means for storing the driving information and a result computed by computing means;
• communication control means for communicating the information stored in the memory means and the storing means with an insurance company via a wire or wireless telecommunication network;
• and
• a microcomputer for controlling the memory means, recording means, display means, driving information sensing means, storing means and the communication control means, computing a remaining insurance value or a used insurance value by computing the information on the insurance memorized in the memory means and the information inputted by the driving information sensing means, and subtracting or renewing the insurance value memorized in the memory means as much as the computed remaining insurance value or the used insurance value.