Patent ID: 7375624

Claim:
A computer-implemented method for monitoring a speed of a vehicle, the method comprising: determining a location of the vehicle; retrieving one or more geographically specific speed-monitoring parameters corresponding to the determined location of the vehicle; wherein the speed-monitoring parameters are retrieved from a database containing a plurality of geographically specific speed-monitoring parameters each corresponding to different geographic locations, and wherein the plurality of speed-monitoring parameters are user-configurable; determining a speed of the vehicle; and on the basis of the retrieved speed-monitoring parameters and the determined speed of the vehicle, adjusting one or more token values according to a credit/debit system in which the one or more token values are increased if the determined speed is less than a first predefined speed threshold and decreased if the determined speed is greater than the first predetermined speed threshold, and wherein the one or more token values are applied to mitigate a likelihood that an excessive speed warning is issued.