Parents are paying attention to the high costs associated with getting their teens behind the wheel. On average, parents of teens pay or will pay nearly two-thirds or more of all costs associated with their child driving, ranging from their teen’s car insurance to gasoline, according to results of a recent Nationwide Mutual Insurance Co. survey.
And of all the parental concerns associated with the costs of teen driving, auto insurance tops the list with 66% of parents noting this as a top concern. This is contributing to parents delaying their teen’s obtaining a driver’s license, the insurer says.
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