Systems and methods for home inventory and insurance

Abstract

A method of operating a home inventory and insurance system includes providing a processor, providing a home inventory database coupled to the processor, and providing an insurance database coupled to the processor. The method also includes receiving data related to an item purchased by a user, determining, using the processor and the insurance database, a policy cap for an insurance policy associated with the user, and determining, using the processor and the insurance database, that adding the item to the insurance policy will result in a value of items covered by the insurance policy exceeding the policy cap by a predetermined amount. The method further includes providing, using the processor, an insurance quote for an updated insurance policy having a new policy cap greater than or equal to the policy cap plus the predetermined amount.

1 . A method of operating a home inventory and insurance system, the method comprising:
 providing a processor;   providing a home inventory database coupled to the processor;   providing an insurance database coupled to the processor;   receiving data related to an item purchased by a user;   determining, using the processor and the insurance database, a policy cap for an insurance policy associated with the user;   determining, using the processor and the insurance database, that adding the item to the insurance policy will result in a value of items covered by the insurance policy exceeding the policy cap by a predetermined amount; and   providing, using the processor, an insurance quote for an updated insurance policy having a new policy cap greater than or equal to the policy cap plus the predetermined amount.   
     
     
         2 . The method of  claim 1  wherein the data is received from a merchant from which the item was purchased. 
     
     
         3 . The method of  claim 2  wherein the data is included in a receipt provided by the merchant. 
     
     
         4 . The method of  claim 1  wherein the data is received from a computing device of the user. 
     
     
         5 . The method of  claim 1  further comprising insuring the item under the updated insurance policy. 
     
     
         6 . The method of  claim 1  further comprising:
 determining that a value of the item exceeds a predetermined threshold; and 
 providing, using the processor, an insurance quote for the item. 
 
     
     
         7 . The method of  claim 1  further comprising adding, using the processor, the item to the home inventory database. 
     
     
         8 . A non-transitory computer-readable storage medium comprising a plurality of computer-readable instructions tangibly embodied on the computer-readable storage medium, which, when executed by a data processor, provide for operation of a home inventory and insurance system, the plurality of instructions comprising:
 instructions that cause the data processor to receive data related to an item purchased by a user;   instructions that cause the data processor to determine, using an insurance database, a policy cap for an insurance policy associated with the user;   instructions that cause the data processor to determine, using an insurance database, that adding the item to the insurance policy will result in a value of items covered by the insurance policy exceeding the policy cap by a predetermined amount; and   instructions that cause the data processor to provide an insurance quote for an updated insurance policy having a new policy cap greater than or equal to the policy cap plus the predetermined amount.   
     
     
         9 . The non-transitory computer-readable storage medium of  claim 8  wherein the data is received from a merchant from which the item was purchased. 
     
     
         10 . The non-transitory computer-readable storage medium of  claim 9  wherein the data is included in a receipt provided by the merchant. 
     
     
         11 . The non-transitory computer-readable storage medium of  claim 8  wherein the data is received from a computing device of the user. 
     
     
         12 . The non-transitory computer-readable storage medium of  claim 8  further comprising instructions that cause the data processor to insure the item under the updated insurance policy. 
     
     
         13 . The non-transitory computer-readable storage medium of  claim 8  further comprising:
 instructions that cause the data processor to determine that a value of the item exceeds a predetermined threshold; and 
 instructions that cause the data processor to provide an insurance quote for the item. 
 
     
     
         14 . The non-transitory computer-readable storage medium of  claim 8  further comprising instructions that cause the data processor to add the item to the home inventory database. 
     
     
         15 . A home inventory and insurance system comprising:
 a processor;   a home inventory database coupled to the processor;   an insurance database coupled to the processor; and   a communications module coupled to the processor and operable to receive data related to an item purchased by a user;   wherein the processor is operable to determine, using the insurance database, a policy cap for an insurance policy associated with the user;   wherein the processor is operable to determine, using the insurance database, that adding the item to the insurance policy will result in a value of items covered by the insurance policy exceeding the policy cap by a predetermined amount; and   an insurance engine operable to provide an insurance quote for an updated insurance policy having a new policy cap greater than or equal to the policy cap plus the predetermined amount.   
     
     
         16 . The home inventory and insurance system of  claim 15  wherein the data is received from a merchant from which the item was purchased. 
     
     
         17 . The home inventory and insurance system of  claim 15  wherein the data is received from a computing device of the user. 
     
     
         18 . The home inventory and insurance system of  claim 15  wherein the insurance engine is further operable to insure the item under the updated insurance policy. 
     
     
         19 . The home inventory and insurance system of  claim 15  wherein the processor is further operable to determine that a value of the item exceeds a predetermined threshold and the insurance engine is further operable to provide an insurance quote for the item. 
     
     
         20 . The home inventory and insurance system of  claim 15  further comprising a home inventory engine operable to add the item to the home inventory database.