Patent ID: 8645169

Claim:
An insurance policy coverage method, comprising: displaying to a user at a computing device, from an institution system comprising memory and a processor, coverage information pertaining to an insurance policy for the user, the coverage information comprising a plurality of coverage elements, each coverage element displayed with an associated coverage amount and an associated premium; determining a median coverage of at least one of the coverage elements of the plurality of coverage elements, the median coverage based on a plurality of policy holders; displaying to the user a median coverage amount indicator for the at least one of the coverage elements, the median coverage amount indicator representing the median coverage and displayed in proximity to the coverage amount for the at least one of the coverage elements; determining a recommended coverage of the at least one of the coverage elements; displaying to the user a recommended coverage amount indicator for the at least one of the coverage elements, the recommended coverage amount indicator displayed in proximity to the coverage amount for the at least one of the coverage elements; receiving, at the institution system, an adjustment to the coverage amount for one of the coverage elements from the user; revising, via the institution system's processor, the premium associated with the coverage element for which the adjustment was received, to generate a revised premium; and providing from the institution system the revised premium to the user for presentation in the graphical representation on the computing device.