Patent ID: 8538785

Claim:
A system for pricing an insurance premium based on route complexity, the system comprising: a computer memory for storing telematics data received from a sensor within a vehicle during at least one trip, the telematics data comprising at least one of geo-position information of the vehicle and vehicle kinematics data; and a processor in communication with the memory, wherein the processor is configured for: retrieving information related to an automobile insurance policy; retrieving at least a portion of the stored telematics data from the computer memory; computing a complexity score of the at least one trip based on at least a fractal dimension of a two dimensional representation of a route traversed by the vehicle during the at least one trip derived from the retrieved telematics data; storing the computed complexity score; calculating a price adjustment for a premium for the automobile insurance policy based on the retrieved information related to the policy and the complexity score of the at least one trip; applying the price adjustment to the insurance premium; and outputting the adjusted price for the premium for the automobile insurance policy.