PATENT CLAIM ANALYSIS

Application Number: 15902512
Application Type: Utility
Filing Date: 2018-02
Publication Date: 2018-07
Patent Classification: ["705", "004000"]

Abstract:
A method and apparatus for insuring the owner of an apartment or multi-unit dwelling from damage to his building caused by his tenant's unintentional acts comprising: inputting into a computer processor a database of building physical information, occupancy information, and tenant rental information; inputting into the computer processor an insurance qualification program for renters legal liability insurance covering the building owner from unintentional damage caused by the tenant from fire, smoke, explosion, water discharge, and sewer backup, or negligence injuries by the tenant caused to third parties pursuant to predetermined insurability criteria; qualifying the building for renters legal liability insurance, and computer translating and generating insurance coverage for the building owner based on the number of units in the building and insurance coverage limits desired, and billing the owner for renter's legal liability insurance.

Claim (Index 23):
An apparatus for insuring an apartment or multi-unit dwelling unit with renters legal liability insurance comprising:\n a. an input device, b. a computer storage device associated with the input device containing c. a tangible, non-transitory memory data base with periodically updated\n i. non-occupying owner and building, physical information about the apartment complex or multi-unit dwelling and number of units to qualify the complex for fire insurance coverage, \n ii. tenant data including lease agreement requirements insuring owners against tenant contract breaches failing to protect the apartment or multi-unit dwelling from losses from resident generated damage caused by fire, smoke, explosion, water discharge, and sewer backup to qualify the complex or multi-unit dwelling for renter's legal liability insurance coverage, \n iii. actuarial insurance rates for renter's legal liability insurance, and other relevant information, \n iv. tenant identity and insurance status of each occupied unit, \n v. insurance carrier actuarial risk assessment pre-qualification requirements of the apartment or multi-unit dwelling for renter's legal liability insurance, and/or tenant occupancy insurance insuring owners against tenant contract breaches failing to protect the apartment or multi-unit dwelling from losses from resident generated damage caused by fire, smoke, explosion, water discharge, and sewer backup \n d. a computer processor with a matching qualifying computer program associated with the input and computer storage devices for performing the steps of:\n i. insuring the accuracy of the database by repeatedly sorting the database by building address to create a working database of the insurance status of each tenant, \n ii maintaining pre-qualification of the apartment or multi-unit dwelling for renters legal liability insurance by periodically monitoring the insurance carrier pre-qualifications and insuring that the pre-qualifications are maintained during operations of the apartment or multi-unit dwelling, \n iii. generating a base replacement cost rate charge for the renters legal liability insurance based on the building physical information and number of units in the complex, and a percentage of the insured units in the apartment or multi-unit-dwelling additionally covered by tenant occupancy insurance written on a group rate using large numbers providing universal, capped, add-on insurance coverage to occupants of the entire apartment or multi-unit dwelling, \n iv. issuing renters legal liability single interest insurance in a permanent unalterable media embodiment to the non-occupying owners as the named insured listing the coverage provided covering the complex or multi-unit dwelling, and billing the non-occupying owner and/or property manager for the renters legal liability insurance coverage; and \n e. an interactive display terminal operably associated with and activated by the computer processor adapted or configured to display insurance rates and allow interested parties to purchase renters legal liability insurance.

Metadata:
- Claim Count in Document: 62.0
- Percentile: 88.0
- Lexical Diversity: 1.98667
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['10317645', '09704322', '10764632', '14923663', '14032434']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.0920898586906527
- 35 USC 102 Novelty (BERT): 0.4973414827932721
- Combined Prediction Score: 0.1326150211009146
- Mean Citation Score: 199.668172
- Max Citation Score: 202.87764
- Similarity Product: 134.90041790579798

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test