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Allstate files patent for telematics-based driving technology
Neo Insurance
Jul 1
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Neo Insurance

Neo Insurance

Jul 1

Allstate files patent for telematics-based driving technology

Product updates

  • Allstate has filed for a patent for a telematics-based driving technology, which transfers data in real time to be processed and assigns behavioral scores to drivers.

  • The categorization of the driver’s score will be based on the likelihood of the driver being involved in an accident, which will be used to determine or identify a suitable insurance policy.

  • The company already uses telematic technology to provide auto insurance such as Drivewise and Milewise, which rewards safe drivers and offers savings to low-mileage drivers.

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