• Consider the maturity of your teen. Not all teenagers should receive their license the minute they become eligible. Not getting a license at age 16 is not the end of the world. Remember that teens mature at different ages.
• Teens tend to learn driving habits by observing their parents and, as a result, we become the behind-the-wheel role model for our teen long before he or she reaches driving age. If the parent drives fast and reckless, what is this telling the young driver?
• The fact that your teenager received a driver's license does not mean he or she has become an expert. The more parents stay involved, teaching and encouraging good habits, the more they lower risk. Parents should set clear rules and consequences and stick with them.
• Create ownership in the vehicle they drive by having them pay half or all of the cost of insurance, gas or maintenance.
Robin K. Olson, CPCU, an employee of the International Risk Management Institute, Inc. (IRMI), and a CPCU Society member says that supporting a statewide graduated drivers licensing (GDL) system could help, too. The system, already in place in a number of states, requires a teen to pass through three driving stages before an unrestricted license is issued. According to the Insurance Institute for Highway Safety, GDL laws have reduced automobile accidents involving young drivers.
To find an insurance agent who has the CPCU designation, visit www.cpcusociety.org and access the Agent & Broker Locator-a database of CPCU Society members searchable by location or company. You can also call (800) 932-CPCU to learn more.