Patent ID: 6347302
Filing Date: 2002-02-12
Classification: G06Q

Abstract:
An apparatus for processing lease insurance information, comprising:a memory device for storing a first data set, wherein said first data set contains information for generating at least one of an insurance premium and an insurance policy for providing insurance for excess wear and tear for a leased entity; a processor for processing said first data set in conjunction with a second data set and a third data set, wherein said second data set contains information regarding at least one of the entity to be leased and a term of the lease, and wherein said third data set contains information regarding at least one of a driving history of a leasing individual, a driving history of a leasing entity, a usage history of a leasing individual, a usage history of a leasing entity, an insurance history of a leasing individual, an insurance history of a leasing entity, a past leasing history of a leasing individual, a past leasing history of a leasing entity, a desired lease insurance coverage, a lease insurance deductible, and a lease insurance polivy term, and further wherein said processor generates a fourth data set containing said at least one of an insurance premium and an insurance policy for providing insurance for excess wear and tear for the leased entity; and a device for at least one of displaying and outputting information contained in at least one of said fourth data set, said insurance premium, and said insurance policy.