Patent ID: 8249968

Claim:
A method of determining an insurance estimate, comprising: analyzing a rate model to determine, for each of a plurality of rate factors, an insurance risk associated with multiple different values of each rate factor; determining one or more assumptions based on historical rate plan data, wherein each assumption is true for at least a predetermined percentage of historical insured individuals in the historical rate plan data; selecting a subset of the plurality of rate factors that, combined with the one or more assumptions, yields a substantially accurate insurance estimate when a value input filter corresponding to the rate factor is applied to the historical rate plan data and is re-input into the rate model, wherein each rate factor in the subset of the plurality of rate factors comprises non-personally identifying information; receiving user input via a web server for each of the subset of the plurality of rate factors using each corresponding value input filter; determining an estimated insurance premium using the rate model based on the received user input, and sending the estimated insurance premium to the web server for display to a user.