Our daughter just got her first car after working really hard at a little diner after school and weekends and finally she was able to put a few thousand dollars towards a pretty junk car. My husband and I were so proud of her for working so hard, being so responsible and throughout all of it keeping pretty good grades that we went ahead and matched the amount of money that she had saved up so that she could buy a car that was not going to be a total death trap.
Once she had her car picked out we had to go and talk to the representatives at the car insurance agency to get her all set up on our family car insurance plan. We knew that even though generally she is a responsible girl that we wanted to make sure that we were really well covered so that just in case anything did happen, she wouldn’t have to start over with trying to save up for a new car. Plus, I have done a little bit of research and no matter how good and responsible you think your kids are, the rate of kids who get into an accident in their first few years of driving is actually quite high. Even if it is just a small little thing it can cost hundreds without insurance to fix something small and stupid. If she was to get into a bigger accident her car would be totaled in an instant.
When we went to talk to the people at the car insurance place we found out that we were going to have to pay a little bit more than expected because we added the money to our daughters car fund and she got a car that was a little bit nicer and more expensive than the one that we had previously asked for an estimate on. It was not that much of a difference which was good and quite frankly, this might just me being extra mom like but I would much rather her, or even us have to pay a little bit extra for the car insurance if it means that she will not be driving around in a death trap machine. And since the car is in better shape than the other one I imagine that there will be fewer break downs which means that she will be saving a lot of money throughout the lifetime of the car, even with insurance since they will only pay a fraction of any of the costs. Plus, as I keep saying, this car is safer which really is the only thing that matters to us. We already have to worry when she is out driving that she does not get into some sort of accident, we don’t want to also have to worry all of the time about if something is going to happen and her car is going to break down on her in the middle of the highway or something. That can be equally as dangerous and scary.