Systems and methods for providing enhanced service using public records
AssigneeUnited Services Automobile Association (USAA)
InventorArthur Q. Smith
Life of this patent
Estimating the term…
Abstract
Systems and methods for providing enhanced service using public records are described. A financial institution may obtain property data from public records regarding a property associated with a customer. The retrieved property data may be compared with existing customer data. The customer may be alerted and financial data associated with the customer may be modified based on the retrieved property data. Other embodiments may be described and claimed.
Claims20
A method for analyzing homeowner insurance coverage, wherein the method is performed by executing instructions stored on a non-transitory computer readable medium with a number of processors, comprising:
- obtaining property value data including a value of a property by electronically accessing a third party database using customer identification data associated with a customer;
- comparing the property value data with homeowner insurance coverage data associated with the customer;
- notifying the customer if a difference between the property value data and the homeowner insurance coverage data exists;
- and
- offering additional financial products to the customer if a difference between the property value data and the homeowner insurance coverage data exists.
A method for analyzing homeowner insurance coverage, wherein the method is performed by executing instructions stored on a non-transitory computer readable medium with a number of processors, comprising:
- obtaining property value data including a value of a property by electronically accessing a third party database using customer identification data associated with a customer;
- comparing the property value data with homeowner insurance coverage data associated with the customer;
- and
- recommending a change in homeowner insurance coverage based on a difference between the property value data and the homeowner insurance coverage data.
A method for analyzing homeowner insurance coverage, wherein the method is performed by executing instructions stored on a non-transitory computer readable medium with a number of processors, comprising:
- obtaining property value data by electronically accessing public records using customer identification data associated with a customer;
- comparing the property value data with homeowner insurance coverage data associated with the customer;
- and
- calculating a homeowner insurance premium based on the property value data if a difference between the property value data and the homeowner insurance coverage data exists.
Dependencies are inferred from the claim text.