According to Carfax, Inc. is reporting that they have been granted federal patents for its “auto insurance underwriting and rating system” that is based on a vehicle’s history.

Carfax is often used by insurance companies in claims and fraud investigations, but the new patents cover new systems for underwriting and rating.    According to a Carfax press release, “the issued patents would cover a system and method in which insurance underwriting and rating are based on vehicle history attributes.”

According to Carfax they have the most comprehensive vehicle history database ever assembled with over 10 billion records.  The records are culled from various nationwide motor vehicle departments, body shops and police departments.