Patent ID: 8027850

Claim:
A computing device comprising: a processor; a memory; and an insurance coverage routine maintained in the memory and including a plurality of sub-routines each including a plurality of instructions executed on the processor to determine an insurance coverage policy for a property based on a plurality of characteristic elements of the property that are relevant to a disposition of the insurance coverage policy, the plurality of characteristic elements including a property characteristic and an attribute identified as a risk characteristic, the plurality of sub-routines including: a risk score generation sub-routine including instructions for: receiving a plurality of property data sets, each set obtained via a physical inspection of the property, conducted by an inspector other than an owner of the property, and including the plurality of characteristic elements; determining a property risk score for each received property data set using an algorithm, the algorithm including an input of the plurality of characteristic elements, and the property risk score including an assessment of risk for a future insurance claim on the property under the insurance coverage policy; and a stack code generation sub-routine including instructions for: receiving the determined property risk score for each received property data set; receiving a multiple-factor rule set including an insurer preference for the disposition of the insurance coverage policy based on the risk score; and organizing each of the plurality of property data sets into at least one of a plurality of stacks based on a comparison of the property risk score and the multiple-factor rule set; wherein a first rule of the multiple-factor rule set indicates that a property risk score below a threshold property risk score organizes the data set into a first stack for denial or further review of the insurance coverage policy, and a second rule of the multiple-factor rule set indicates that a property risk score above the threshold property risk score organizes the data set into a second stack for issue or renewal of the insurance coverage policy.