{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11468515","patent":{"patent_number":"US-11468515","title":"Systems and methods for generating and updating a value of personal possessions of a user for insurance purposes","assignee":null,"inventors":[],"filing_date":"2020-02-18T00:00:00.000Z","publication_date":"2022-10-11T00:00:00.000Z","cpc_codes":["G06Q","G06N","G06Q","G06Q","G06Q","G06N","G06N"],"num_claims":14,"abstract":"A computing system including a processor in communication with a memory device for generating a predicted one or more values of personal property items associated with a candidate user enrolling in an insurance policy may be provided. The processor may be configured to: (i) generate a predictive possession value model based at least in part upon a plurality of historical policyholder records, (ii) receive personal and property data associated with the candidate user, (iii) predict a one or more values associated with one or more items owned by the candidate user, (iv) determine a maximum reimbursement amount for the candidate user, (v) receive a claim associated with the candidate user in response to a claim event, wherein the claim includes a list of lost items and/or a list of spared items, (vi) estimate a value associated with the lists of lost items and/or spared items, (vii) adjust the maximum reimbursement amount based at least in part upon the estimated value, and (viii) determine an actual reimbursement amount for the candidate user."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems and methods for generating and updating a value of personal possessions of a user for insurance purposes","description":"A computing system including a processor in communication with a memory device for generating a predicted one or more values of personal property items associated with a candidate user enrolling in an","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11468515","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-11468515","citation_suggestion":"Patentable. \"Systems and methods for generating and updating a value of personal possessions of a user for insurance purposes\" (US-11468515). https://patentable.app/patents/US-11468515","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11468515","json":"https://patentable.app/api/llm-context/US-11468515","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T05:14:49.796Z"}