Tariffs Hike Car Insurance Costs
This is a Canada news story, published by CNBC, that relates primarily to Insurify news.
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auto insurance premiumsCNBC
•Technology
Technology
Here's why Trump tariffs may raise your car insurance premiums

81% Informative
Annual car insurance premiums would rise by 8% in 2025 if tariffs on Canada and Mexico take effect, Insurify says.
Tariffs are expected to raise costs for cars and parts, making it more expensive for insurers to repair or replace automobiles after a wreck.
This at a time when drivers continue to see costs soar amid pandemic-era inflation.
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