Learning to drive is a key milestone in a child’s life. Thanks to the demands of the modern world, it’s up there with learning how to walk and talk. But unlike those early activities, the stakes are much higher. Simply because of the inherent danger of driving around a 4000-pound piece of metal. As a result, the first year of driving also brings stress for parents.
First, the statistics on driving accidents are concerning for parents. Around a quarter of all accidents on the road involve people aged 22 and under. So, underscoring the dangers of being a young driver is very important. Most importantly, mom and dad must set boundaries. Here’s some advice for surviving your kid’s first year of driving.
Buy Umbrella Insurance
Umbrella insurance is designed to cover all of your needs, including auto and home. The good thing about umbrella insurance is that it is fully comprehensive. Normally, it’s also cheaper than buying insurance separately. Teens are usually dangerous drivers because of their inexperience. Umbrella Insurance is an excellent way to make sure that your family finances are protected in the event of an accident. For example, Umbrella policies will cover damage your child caused to people or property. This could possibly prevent the family from falling into bankruptcy.
Establish Firm Boundaries
We all know that the way instructors teach and the way people actually drive are two different things. As a result, parents must protect their kids. Set clear boundaries for children. Make clear that they must obey the rules of the road or there will be consequences. Find resources like this one to brush up on your skills, free online resources for driving tests. Discuss the possibly of them going to jail for breaking the law and the penalty of speeding tickets. Also, ban talking on the phone or texting while they are driving.
Get Breakdown Coverage
Once your child has a car, they’ll be using it to go all over town and possibly the surrounding area. There will be holidays, camping trips and even road trips, all thanks to their newfound freedom. However, cars don’t care about how much fun your child may be having. Cars can break down at the most inconvenient moments. A broken down card that leaves your kid stranded is no fun. So, it’s a good idea to make sure that they have breakdown coverage. Paying directly for the recovery of a vehicle can cost hundreds of dollars. So, make sure their car is covered.
Most breakdown services allow you to pay a monthly bill directly. Some car insurance businesses allow you to add on breakdown cover to your policy. This often saves you money in the process.