Uniform system for verifying and tracking the title of articles or objects of value

a title insurance and article technology, applied in the field of uniform system for verifying and tracking the title of articles or objects of value, can solve the problems of not having a current universal system or universal centralization means for all records, unable to find an insurance company willing to issue title insurance policies, and purchasers usually bear all the risk of loss

a title insurance and article technology, applied in the field of uniform system for verifying and tracking the title of articles or objects of value, can solve the problems of not having a current universal system or universal centralization means for all records, unable to find an insurance company willing to issue title insurance policies, and purchasers usually bear all the risk of loss

USRE40692E1Inactive Publication Date: 2009-03-31UNITRAC
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  • Uniform system for verifying and tracking the title of articles or objects of value
  • Uniform system for verifying and tracking the title of articles or objects of value
  • Uniform system for verifying and tracking the title of articles or objects of value

Examples

Experimental program
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Embodiment Construction

[0062]FIGS. 1A-1H refer to the preferred embodiment of the invention which is directed to an improved system for tracking motor vehicles. It will be understood, however that this system may be modified for use with any articles or objects of value having serial numbers assigned by the manufacturer. The system may also be modified for use with articles or objects of value not having a manufacturer assigned serial number.

[0063]In the case of a motor vehicle, the VIN is coded by the manufacturer to reveal various features of the vehicle. For example, the first character represents country of origin, the second character represents vehicle type, the third represents the number of passengers, etc. A typical VIN for a 1990 Dodge Shadow in FIG. 2.

[0064]The number “1” indicates country of origin, the letter B indicates vehicle type, the number “3” indicates the number of passengers, the letter “X” indicates the type of restraint system, etc. The data base of the present invention contains s...

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Abstract

A uniform, centralized system for converting all existing systems into one unique, universal system which allows for tracking those titles for articles objects of value, such as motor vehicles, boats, land, antiques insurance files, etc., in a congruent and continual manner. The system provides a centralized computer data base(s) operating in a “client-server” computer environment for use in creating a title history file, and for assigning a singular registration number and identification number from the VIN (or other) identifying number with those numbers being coded, and creating a coded title and registration number and for storing relevant data on the item. The centralized data base is connected to various authorized agents such as insurance agents and car dealers, and to governmental agents such as department of motor vehicles and tax collecting entities. In this way, all relevant data on an item can now be is maintained on a centralized system which is accessible to all who need the information.

Description

CROSS-REFERENCE TO RELATED APPLICATION[0001]This is a reissue application of U.S. Pat. No. 6,076,064, issued Jun. 13, 2000, which matured into a patent from U.S. Ser. No. 09 / 035,275, filed Mar. 9, 1998, which is a continuation-in-part application of Ser.Ser. No. 08 / 653,583, filed May 24, 1996, now abandoned, which is a continuation application of Ser.U.S. Ser. No. 08 / 103,917, filed Aug. 9, 1993, now U.S. Pat. No. 5,521,815, <?delete-start id="DEL-S-00003" date="20090331" ?>which is<?delete-end id="DEL-S-00003" ?> <?insert-start id="INS-S-00005" date="20090331" ?>issued May 28, 1996, which is the subject of Reissue application Ser. No. 11 / 894,023 filed Aug. 17, 2007, the 08 / 103,917 application being <?insert-end id="INS-S-00005" ?>a Continuation-In-partcontinuation-in-part <?insert-end id="INS-S-00006" ?>application of U.S. Ser.Ser. No. 07 / 830,078, filed Jan. 31, 1992, now abandoned, and the contents all of which are incorporated herein by reference ...

Claims

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Application Information

Patent Timeline
31 Mar 2009
Publication
USRE40692E1
IPC
G06Q99/00; G06Q10/06; G06Q10/08; G06Q40/00
CPC
G06Q10/06; G06Q10/087; G06Q40/123
Inventors
ROSE, JR., R. EDWARD