Car insurance costs are already climbing, and newly proposed tariffs on imported auto parts could push rates even higher. It’s a straight line: The U.S. has imposed a 25% tariff on assembled vehicles ...
Tariffs could raise the projected average annual cost of car insurance in the U.S. by 8% in 2025, from $2,313 to $2,502. Rates are projected to increase due to tariffs in every state by 3%, on top of ...
Much of America has been braced for the impact of President Trump’s promised tariffs since he retook office in January. Even the president himself, when asked directly, didn’t rule out a recession ...
Car insurance premiums are expected to go up for Coloradans by the end of 2025 — but the increase could be higher than initially expected, thanks to the rising cost of auto parts driven by the Trump’s ...