Have you observed the hype around having a private plate number? Perhaps you’re considering getting one for yourself when the question pops up on how it could affect your insurance decoration, suddenly you realise that you have no answers, simply because you just don’t know.
Having a private number plate is a sure way of making your vehicle look further elegant, unique, and individual. Although it comes at redundant costs to have your chosen name or number on the enrollment plate, it also has benefits similar as making a lasting print, making your auto distinctive; thereby inhibiting stealers, it holds value, and it can increase in value, etc
Is Your Private Plate Number Ensured?
With the rising demand for substantiated number plates in countries like the UK and Ireland, it’s no surprise that the cost of retaining and assuring a private plate number is also on the rise.
A check conducted by the AA bus insurance shows that of the 604 auto insurance companies; that were anatomized, slightly about 36 of them directly cover for loss of a private plate in the event of damage or theft.
This statistic is positive evidence that making an insurance claim will depend on whether or not your insurer has content for a private plate symbol, included in the company’s comprehensive auto insurance policy.
What Happens If A Car With A Private Plate Number Is Stolen?
The world is full of pitfalls and misgivings, some of which are responsible for a stolen plate number. Considering the costs and value attached to a personalised plate number; it’s susceptible to bus theft if not duly secured.
When your plate number is stolen, and you have tried every means to recover it, all to no mileage, you’ll need these to reclaim it
- Evidence of valid MOT at the time of the theft
- Evidence of duty payment up to the time of the theft
- A staying period of 12 months to recover the personalised plate number
Registration Numbers Are Affixed To The Vehicles Thereby Increasing The Risk Of Fatal Damage
In the event of a fatal bus accident, the private plate number of the vehicle could be poorly damaged, and beyond repairs and when that happens, you’ll need to inform your insurer and the Motorist and Vehicle Licensing Agency (DVLA) of your desire to retain the plate. At the CarReg car number plate viewer, you can type your desired number plate in the box and then click on “update plate”. You can use our pics of cars which are given below on the page or upload your pic.
Still, you’ll have to pay a retention figure, which generally comes up after your insurer must have written a note of non-interest to DVLA,
