Method of quoting insurance

Abstract

A method of quoting insurance on one or more objects, the objects being owned by the same or different owners and having object information related to the objects in a database maintained by a party for a purpose independent of providing insurance, including electronically accessing object insurance information having been previously entered by an owner of one or more objects for a purpose other than obtaining insurance, electronically transferring the object insurance information to a carrier, generating an insurance quote based at least in part on the object insurance information, and presenting the quote to an owner of an object for acceptance. The method further contemplates providing the owner with the quote electronically and including a link to bind coverage, with payments that can be arranged automatically on a regular schedule.

1 - 19 . (canceled) 
     
     
         20 . A method of quoting insurance on one or more objects, the objects being owned by the same or different object owners and having object information related to the objects stored in a database maintained by a party for a purpose independent of providing object insurance information, at least a portion of the object information stored in the database having been originally entered by the object owners for a purpose other than obtaining insurance, the method comprising:
 a. electronically accessing object insurance information from the object information in the database for one or more of the objects, at least a portion of said object insurance information having been previously entered by an owner of one or more objects for a purpose other than obtaining insurance;   b. electronically transferring the electronic object insurance information on one or more of the objects to a carrier capable of providing insurance quotes and coverage;   c. generating an insurance quote for one or more of the objects, the insurance quote being based at least in part on the electronic object insurance information accessed from the object information in the database; and   d. presenting the quote to an owner of an object for acceptance.   
     
     
         21 . The method of  claim 20  wherein the quote is presented to the owner of an object electronically. 
     
     
         22 . The method of  claim 21  wherein the electronic presentation of the quote includes a link for an owner to accept the quote and bind coverage. 
     
     
         23 . The method of  claim 20  further comprising prompting the owner for additional object insurance information prior to generating a quote. 
     
     
         24 . The method of  claim 20  further comprising the step of binding coverage. 
     
     
         25 . The method of  claim 24  further comprising arranging for payment of a premium on a regular basis by automatic payment. 
     
     
         26 . The method of  claim 25  wherein the automatic payment is taken from the group consisting of debiting an owner account maintained by the party, debiting an owner bank account, debiting an owner credit card account. 
     
     
         27 . The method of  claim 25  further comprising the step of apportioning the payment on a period shorter than the regular basis on which automatic payment is made. 
     
     
         28 . The method of  claim 27  wherein the period is determinable by the owner. 
     
     
         29 . The method of  claim 20  wherein the object insurance information is converted to a form usable by the carrier prior to transfer to the carrier. 
     
     
         30 . The method of  claim 20  wherein the object insurance information is converted to a form usable by the carrier at the carrier. 
     
     
         31 . The method of  claim 25  wherein the payment is apportioned to a particular object being insured. 
     
     
         32 . The method of  claim 20  wherein the object to be insured is taken from the group consisting of trucks, cars, boats, ATVs, recreational vehicles, real property and improvements, commercial property, personal property, general obligation, malpractice, director and officer, health, life and disability. 
     
     
         33 . The method of  claim 20  wherein electronic object insurance information on more than one object owned by an owner is electronically transferred to a carrier and the presentation of a quote is for more than one object. 
     
     
         34 . The method of  claim 20  wherein the object insurance information is transferred by at least one of the group consisting of a data link, email, internet connection and electronic storage media. 
     
     
         35 . The method of  claim 20  wherein the object insurance information is sent to more than one carrier to obtain competitive quotes. 
     
     
         36 . The method of  claim 20  wherein the insurance quote is generated automatically by the carrier. 
     
     
         37 . The method of  claim 20  wherein the insurance quote is provided by the carrier to the party for presentation to the owner. 
     
     
         38 . The method of  claim 24  wherein the owner can print proof of insurance upon binding coverage. 
     
     
         39 . The method of  claim 20  wherein the object insurance information is transferred from the database without the identity of the object owner.