Systems and methods for predictive modeling via simulation

Number of patents in Portfolio can not be more than 2000

United States of America

PATENT NO 12198197
APP PUB NO 20210358051A1
SERIAL NO

17388907

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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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.

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Patent Owner(s)

  • STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Carnahan, Jeremy Normal, US 14 79
King, Vicki Bloomington, US 146 352
McGraw, Mike Normal, US 2 1
Nussbaum, Bryan R Bloomington, US 80 1779
Schirano, John A Bloomington, US 10 252

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