The Importance of Insurance Reviews

Most people reach out to their insurance brokers or underwriters when there is a significant event in their lives that necessitates new or revised risk coverage – perhaps when they purchase a new home or it’s time to trade-in the old car. However, far fewer remember to review their insurance at regular intervals or when more subtle changes to their coverage requirements occur.

Reviewing your insurance regularly helps ensure your coverage is what you expect it to be in the unfortunate circumstance that you need to file a claim. It also aids in making informed decisions regarding coverage and being proactive about minimizing your insurance costs.

There are many different circumstances that could possibly change your coverage requirements and prompt a call to an insurance professional for a review. The examples below identify some of the instances in which you might want to review your coverage:

  • Renovations – If you perform renovations to your house, it is likely that you are also increasing its value. Whether it’s a new kitchen, bathroom, pool, or even expensive landscaping, remember to check your policy limits to ensure they remain adequate in case of an insured loss. If you’ve recently renovated your basement, also note it is quite likely that your water damage insurance needs to be reviewed.
  • You’ve been accumulating possessions – Have you done a home inventory lately? Most people have more personal possessions than they think. Estimating the total value of your contents is vital to helping ensure your limits are adequate.
  • You’ve purchased a high value item – Remember that some of your personal possessions have to be scheduled to be properly covered. Jewellery, antiques, collectibles, wine collections, and art are a few examples of pieces that may require additional coverage.
  • New coverages have become available – The insurance industry frequently adapts to changing market conditions and offers coverage in areas that it has not in the past. For homeowners, insurance for overland water damage and home repair issues (such as broken furnaces) have recently become available from some insurers, in some areas. In addition, legal expense insurance, travel insurance, and pet insurance are available from brokers looking to cover more of your risk and insurance needs.
  • Laws changing to give you more or less choice – Changes to automobile accident benefits mean you should review your choices.
  • You become eligible for additional discounts – Changes in your personal circumstances may affect your eligibility for policy discounts. For example, if you install an alarm system you are likely eligible for a discount on your homeowner policy. If you use snow tires on your vehicle, many insurers offer a discount on your car insurance policy. If you pass the age of 50-55, you may become eligible for mature driver discounts.
  • If you change jobs and have a shorter commute – You should report this to your insurance broker as driving less typically correlates to lower risk and less expensive premiums. If you have a certain job occupation, you may also be eligible for lower insurance rates.
  • You’ve started a home business – A different use of your home, other than strictly residential, may require business insurance to properly cover liability risks.
  • Your personal circumstances change – If you get married or have children, you may want to review your coverage to ensure your coverage levels are adequate to look after your dependents in case of an accident.
  • Your child gets a driver’s licence – Always check to see if your child can be added to your policy. It is often the least expensive option for insuring them to drive. If they get their own car, you are also probably eligible for a multi-car discount.
  • If your child moves away to attend college or university – Check to see if your homeowners coverage can be extended to protect your child’s assets while away at school. It may be more cost-effective that purchasing a standalone tenants insurance policy.
  • If you haven’t had an insurance review in more than a year – Your coverage levels may be out of date. A key example of this is your home insurance. Property values and replacement costs can easily rise to the point that your existing coverage limits do not allow for the total reconstruction of your home in the case of a total loss.

Taking the time to speak to your insurance professional is always time well spent. Even if you don’t save on your insurance costs after the call, there is no substitute for having the coverage you expect when a claim becomes necessary. Since most insurance policies are for the term of one-year, it is a good idea to speak to your insurance professional before renewing your annual coverage.

Pioneer Avic D3 Review

Wouldn’t it be great to watch a DVD movie, see current traffic weather, make/receive phone calls and listen to your favorite music all from one system? One of the leading electronic companies has put all these features and more into one in-dash car system, the Pioneer AVIC D3.

Pioneer Electronic’s is one of the top consumer electronic producers in the world; they have created a new top of the line head unit for auto stereos that will forever change the way you commute/travel in your vehicle. The Pioneer AVIC D3 will surpass all the requirements a driver will need in their vehicle. With its 6.1 inch touchscreen display the Pioneer AVIC D3 may function as a GPS navigation unit, DivX playback and as well as DVD video/movies. Using the touchscreen display you may select music, navigation details, DVD video, Bluetooth settings, etc. The Pioneer AVIC D3 in-dash car system comes with maps of North America which includes over 11 million points of interest. Also monitoring your local traffic will be made easier than ever by integrating the optional tuner for XM’s NavTraffic service that offer real-time updates of traffic status.

The Pioneer AVIC D3 is extremely will designed with perfect placement in your vehicles dashboard; it will fit most modern vehicles and it will give your car or truck that factory look. You can even customize the screen illumination color, which gives you the option to choose from 8 preset colors and 5 graphical user interface colors, to match your vehicles dashboard. With all the features mentioned the Pioneer AVIC D3 also includes a CD-BTB200 Bluetooth adapter so you can receive cellular calls hands free (your phone must be Bluetooth compatible for this function to work). With the units embedded microphone you can also listen and talk through you vehicles speakers. The D3 also gives you the option to save phone numbers to make calls even easier. Pioneer has put all these great features into one in-dash head unit and producing one of the best systems in its class.

We also recommend the Pioneer AVIC-D3 Bypass guide to unlock all features.

Volkswagen Rocktan Review and Specifications

It is an upcoming and new SUV from Volkswagen wing which in expected to be launch in Indian market by the end of 2012. The demand for SUVs in domestic market is rising year by year, keeping this in mind it has officially declared to launch the new model in 2012. The new vehicle is based on Maruti Suzuki SX4. The company is also collaborating with Maruti Suzuki India for it. In which Suzuki holds 19.9 ventures and the rest holds Volkswagen. It will compete with Toyota Urban Cruiser and the upcoming Nissan Juke in Indian market.

Engine – As per as the official reports It will be available in both petrol and diesel versions. The petrol will be powered by 1.4 liter TSI engine while the diesel one will be 1.6 liter and 1.2 liter TDI mill with advanced technologies. Both the engines will have a capacity to produce utmost power of 430 hp at 5900 rpm and 424 Nm of peak torque at 4600 rpm with 6 speed manual and optional 6 speed automatic gearbox. The engine will be powerful; people who love to ride fast will really like it, the pulling power of the car will be awesome.

Exterior – It looks very similar to Maruti Alto from front side, but it looks smarter than Alto. It has a thick black line on the bonnet with the company’s emblem. The grill in the front is smartly designed where air intake is easy. Head lamps and fog lamps of this car looks unique. Overall it is good and it will attract customers.

Interior – Well speaking on the interior of this car. It is a five seater. It gives enough leg and head room for all the occupants. It is expected to come with several common interior features like AC, Audio system, cup holders, front armrest, split folding rear seat, front power window, adjustable driver seat, electronic adjustable ORVMs, lockable glove box etc.

Safety – It is expected to most secured SUV with advanced safety features like all speed traction control, daytime running lights, driver and passenger airbags along with side airbags added with passenger sensing system, automatic crash response, Tyre pressure monitor system, fog lamps, theft-deterrent system, power door locks, ABS, key less access, etc.

The price tag of the Volkswagen Rocktan is depends on manufacturing plant, if it is manufactured in Indian plant the cost of the car will be around 12 lakhs. If the car is manufactured in abroad country and imported to Indian market means the cost the car will be around 20 lakhs. Both the companies have not revealed the place of manufacturing (Rocktan).