{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-10540722","patent":{"patent_number":"US-10540722","title":"Systems, computer-implemented methods, and computer medium to determine premiums for supplemental crop insurance","assignee":null,"inventors":[],"filing_date":"2014-02-20T00:00:00.000Z","publication_date":"2020-01-21T00:00:00.000Z","cpc_codes":["G06Q"],"num_claims":21,"abstract":"Provided are systems, machines, non-transitory computer medium having computer program instructions stored thereon, and computer-implemented methods for providing a premium for a supplemental crop insurance policy. The methods include identifying policy information for the policy (including a crop type, expected yield, a selected coverage level, and one or more discovery periods), generating simulated potential price trajectories for the crop type over a given time period that includes the one or more discovery periods, determining simulated prices based on the simulated potential price trajectories, generating simulated correlated price-yield realizations for the crop type over the given time period, determining simulated yields based on the simulated correlated price-yield realizations, determining a premium rate as a function of the expected yield, the selected coverage level, the simulated prices and the simulated yields, and providing the premium rate for use in determining a premium amount for the policy."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems, computer-implemented methods, and computer medium to determine premiums for supplemental crop insurance","description":"Provided are systems, machines, non-transitory computer medium having computer program instructions stored thereon, and computer-implemented methods for providing a premium for a supplemental crop ins","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-10540722","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-10540722","citation_suggestion":"Patentable. \"Systems, computer-implemented methods, and computer medium to determine premiums for supplemental crop insurance\" (US-10540722). https://patentable.app/patents/US-10540722","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-10540722","json":"https://patentable.app/api/llm-context/US-10540722","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T20:11:24.625Z"}