A method for modeling insurance coverage includes providing a processor, providing a memory coupled to the processor and including data related to a plurality of claims, and quoting, using the processor, a first insurance policy having coverage limits. The flow control valve has a relatively simple structure, which can reduce manufacturing expenses, minimize malfunction and wrong driving, and allow a rapid repair and replacement of components. When an event does occur, the recording mechanism receives notification thereof from the UI component. Activation of the system is accomplished by controlled operation of one or more portable, wireless transmitters and at least one receiver which is operationally connected to the viewing assembly and the display assembly.