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 1):
A method for insuring an apartment or multi-unit dwelling unit with renters legal liability insurance comprising:\n a. periodically updating and inputting into a computer processor a renters legal liability qualification tangible non-transitory memory database of:\n i. building physical information, \n ii. the number of units in the apartment complex or multi-unit dwelling complex to qualify the complex for coverage, \n iii. actuarial insurance rates for renter's legal liability insurance, \n iv. 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, \n v. tenant identity and insurance status of each occupied unit, \n vi. 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 vii. frequency review requirements for periodic updates of the database regarding, building occupancy and types of tenants to maintain pre-qualification status, and \n viii. the identity of the insured non-occupying building owner and/or property manager of an apartment of multi-unit dwelling, \n b. maintaining the pre-qualification requirements for the apartment or multi-unit dwelling to be eligible for renters legal liability insurance via a qualifying matching program inputted into the computer processor to periodically sort the renters legal liability qualification database by building address to create a working database of the insurance status of each tenant by monitoring the insurance carrier actuarial risk pre-qualification requirements and insuring that the pre-qualifications are maintained during operations of the apartment or multi-unit dwelling, c. generating by the computer processor a replacement cost rate based on the number of insured units, and a percentage of the insured units additionally covered by tenant occupancy insurance written on a group rate based on large numbers providing universal, capped, add-on insurance coverage to occupants of the entire apartment or multi-unit dwelling for renters legal liability single interest insurance policy, d. issuing a renters legal liability single interest insurance policy to the non-occupying building owner covering the non-occupying building owner and/or property manager of a qualified apartment of multi-unit dwelling as the named insured from unintentional contract breach damages cause by the tenant from losses from resident generated damage caused by fire, smoke, explosion, water discharge, and sewer backup at a rate based on the number of insured units, and e. billing the owner for the renter's legal liability insurance coverage.

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): 0.0923202665863697
- 35 USC 102 Novelty (BERT): 0.4945858628623923
- Combined Prediction Score: 0.132546826213972
- Mean Citation Score: 199.668172
- Max Citation Score: 202.87764
- Similarity Product: 139.1578671216273

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