Number Plate Press Releases

Cherished Assurance

June 2002

The topic of "insurance" is not one that would readily excite many people but, in an age when nobody's property seems safe from vandals and thieves, we have come to accept it as a necessary part of life.

Mr Bahia, who lives in the West Midlands, was the proud owner of two very distinctive registrations (S7 KHS and S11 VGH). Both were purchased as investments but were much appreciated and enjoyed by Mr Bahia himself.

It was not until Mr Bahia almost forgot to renew the certificate on which he was holding S7 KHS last year that, in his words, he "woke up to the need for insurance". Thank goodness he did!

Whilst shopping with his family in January this year, Mr Bahia's Ford Mondeo was stolen from a Birmingham car park. Having reported the theft to the Police and notified the vehicle's insurers, Mr Bahia contacted the insurers of his registration mark. As a result he has received full settlement for his loss and is full of praise for the cover offered by the exclusive insurance policy he purchased from British Car Registrations.

I bought both of the registrations as investments. S11 VGH looked really good on the car. I had lots of people stop me and offer to buy the registration from me but I was waiting for the right price.

"In twelve months' time the registration will go back to the insurance company from DVLA and they have told me that, if I want to, I can buy it back from them at 80% of what they paid out. I do not have to buy it back but I think I probably will because it looked so good. I think the insurance is a safety net."

Of course you can also lose the rights to a registration mark if you fail to renew a certificate of entitlement or a certificate of retention; the theft of your vehicle is not the only hazard to cherished registration owners. Suffice it to say that Mr Bahia will be very particular about ensuring that S7 KHS remains fully covered by insurance. To borrow Mr Bahia's phrase, perhaps many more people need to "wake up" to the need for insurance. We cannot seem to stop car theft but we can help to minimise the financial loss and heartache that can result from it.

For further information about insuring your personalised registration, contact us on: 0121 353 3333.