State Farm Mutual Automobile Insurance had 19 patents in internet of things during Q4 2023. State Farm Mutual Automobile Insurance Co has filed patents for innovative methods and systems including power transfer and routing in compartmentalized electric vehicles, identifying and correcting abnormal electrical activity in structures, using vehicles as payment devices, generating inventory lists of personal belongings using LIDAR data, and homeowner-directed risk mitigation for property damage. These technologies aim to improve efficiency, safety, and convenience for both vehicle owners and homeowners. GlobalData’s report on State Farm Mutual Automobile Insurance gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

State Farm Mutual Automobile Insurance grant share with internet of things as a theme is 21% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Delivery hand off procedure when electric vehicle (EV) is about to lose power (Patent ID: US20230415785A1)

The patent filed by State Farm Mutual Automobile Insurance Co. describes methods and systems for power transfer and routing in a compartmentalized electric vehicle (EV) with detachable compartments. Each compartment has its own power supply, motor, wheels, and autonomous operation features, allowing them to combine and form a compartmentalized EV that travels to a specific location. The patent also details a computer-implemented method for handing off a load from one EV to another when the delivering EV is running out of power. This method involves receiving indications from the second EV about its remaining charge and destination, determining a meeting location for the load handoff, and causing the first EV to travel to that location before delivering the load to the final destination.

The patent's claims outline various aspects of the computer-implemented method, including transmitting response messages, receiving vehicle-to-vehicle communications, determining meeting locations based on routes and waypoints, and sending control signals for the EVs to travel to specific locations. Additionally, the claims detail the configuration of a computer system designed to facilitate load handoffs between EVs, with processors, transceivers, and sensors working together to ensure a smooth transfer process. Overall, the patent focuses on innovative techniques for efficient power transfer and routing in compartmentalized EVs, as well as the seamless handoff of loads between EVs to optimize delivery processes.

To know more about GlobalData’s detailed insights on State Farm Mutual Automobile Insurance, buy the report here.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.