To not bail DD out with car damage

Yes sorry, you re right.... hangs head in shame!😥

But i still think subject to affordability, the OP should at least help her out.... with some of the money.

Part of being a loving family is also teaching your children to stand on their own two feet and not expect mummy and daddy to bail them out constantly.

If she's old enough to drive and have a job, she's old enough to deal with her own car accident and insurance claim.

In fact if I could afford it. I'd give it to her.

OP, if you bail her out fully with this you'll end up bailing her out for the balance of her upcoming holiday aswell.
It'll be taken as an assumption rather than a favour.
Is your ex husband a soft touch with bailing out your DD , or are you both on the same page?

My DD is 27, at 18 she was an idiot but Uni, a FT NHS job, in a relationship... kids mature.
At 18 with a job, she doesn't sound toooo frivolous.

Always good to remember we were all young once.

She doesn't need £400 for the excess because she's not claiming for any damage to her own vehicle, so there won't be any legal action or any reason for anyone to refuse to reinsure her.

It worries me how little people seem to know about how their car insurance actually works 😬

Madness isn’t it? A pp on here gleefully saying ‘she needs to learn a lesson, just wait til her premiums go up, that’ll teach her’!
Who actually rejoices at the thought of their child’s life getting so much harder as she had an accident and her mum won’t help her. And I don’t get all the op’s that have decided that if she does help her ever, then that definitely means that she’ll be living at home jobless and hopeless and entitled for the rest of her life. My parents have helped me throughout my life, like I help them. My and my siblings help each when we’re in need. We thought we were being a loving family, apparently not on here 😂

I'd lend it to her.

I was involved in an accident in September when I was stopped at lights, and a woman drove smack into the back of me.
She begged to sort it out between ourselves, but I said no and reported it to the insurance company. Any increase in her premiums are exactly her issue.

I'm amazed the other person agreed to sort it privately honestly.

I can’t see that anyone can earn a good wage from a part time bar job.

It’s important to learn about budgeting and it’s also important to learn that accidents have to be reported to the insurance company.

This!

Fgs she's 18. Insurance costs a fortune at that age as it is her premiums will rocket. Just at least pay half with the proviso she starts saving to cover future bumps.

On Ice? its not really anyone's fault.

The point is, she hasn't got £400 for the excess.

So regardless of what she goes through, she could be facing legal action to recover the £400.... that will mean the insurance company will refuse to reinsure her.

Nope, it very much IS correct, actually.

Your excess covers damage to your own vehicle, whether you're at fault or not. If you're not at fault, you claim your excess back from the other party as part of your claim.

I would be tempted to tell her she would have to get a bank loan!

Just out of interest, does she pay you rent? Wondered if you could charge her rent and pop it into a savings jar in case she ever has something like this again!

She still needs to inform them even if she doesn’t claim. Her insurance is invalidated if they ever find out she hasn’t reported an accident.

im the opposite - I saved every penny and had a breakdwon from stress when I didnt spend money I needed to spend

This is incorrect. The excess covers all 'at fault' claims. Here, OP's daughter is at fault, she would pay the excess.

The accident was her fault.

And of course she's not going to be refused insurance over one claim - she'll just have to suck up the increased premiums for a few years.

Not declaring an accident can invalidate your insurance and that's a huge load more grief!!

I’d just pay, I think she’s doing really well to be driving, have a car, a part time job and studying at college at age 18.

@Silvers11 Her excess is £400, so as she has no money... i don't get the logic in lumbering your own kids with years of increased expense for a minor accident, thats not their fault.

At 18, she could even be refused insurance, then what?

Learning how to budget is something children need to learn from parents, when they are young. My son has always been encouraged to spend half his pocket money and save the rest (the same with Christmas and Birthday money). At 15, he's now savvy with money and has a healthy bank balance.
My son won't be given a car when the time comes, he will be expected to pay for it himself (the same as I had to and my husband too). We will pay for driving lessons and his insurance.

The only way your daughter is going to learn is by you saying No, and going through her insurance. You and your ex, should really be on the same page, otherwise when you say No, she'll go straight to Dad. It's not teaching her anything by bailing her out. She'll just think that you or Dad will continually bail her out when she gets into strife.

I appreciate she's only 18, and no, we don't automatically become responsible adults as soon as we hit 18. However, she's got to learn to take responsibility for her finances at some point, otherwise she'll be 30, and still coming to you.

I think this is perfect.