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Trump’s tariffs are now raising prices for car parts. Will your auto insurance increase, too?

Moneywise
Summary
Nutrition label

67% Informative

The cost of full-coverage car insurance in the U.S. could increase by 8% on average this year if Trump persists on 25% import tariffs on car parts made in Mexico and Canada .

With Canadian steel and aluminum facing the same tariff, the price of manufacturing auto parts in America could also skyrocket.

You can get ahead of these anticipated costs by setting aside more funds in your savings.

VR Score

52

Informative language

40

Neutral language

54

Article tone

informal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

10

https://moneywise.com/insurance/auto/stay-ahead-of-expensive-car-payments?utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=93094&utm_content=syn_d67ad73b-ce4a-4264-ac15-e6118e60b2c7https://moneywise.com/real-estate/real-estate/diversify-with-real-estate?throw=DM2_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=93094&utm_content=syn_bcfbcc71-c704-4cc4-9e6b-b649fd47e032https://moneywise.com/investing/is-a-financial-advisor-worth-it?throw=HALF_yahoo&placement_syn=placement_2&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=93094&utm_content=syn_04743d11-5f9e-4131-8ee6-ca2414cfeb17https://www.kbb.com/car-advice/average-vehicle-repair-costs/https://moneywise.com/retirement/retirement/hybrid-nothing-saved-for-retirement-catch-up?throw=DM1_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=93094&utm_content=syn_55a3fed9-51ba-4dad-a22d-fc1556dc169dhttps://www.usatoday.com/story/money/2025/03/19/tariffs-trump-affect-auto-insurance/82474746007/https://moneywise.com/retirement/should-i-buy-a-used-car-when-im-on-a-fixed-income?utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=93094&utm_content=syn_19446277-2b85-4986-94f2-27ef955f2450https://insurify.com/car-insurance/insights/tariff-impact-car-insurance/https://x.com/TeamAPCIA/status/1889734944353599627https://moneywise.com/managing-money/stop-overpaying-for-these?throw=DM3_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=93094&utm_content=syn_b264ff49-cc53-49f9-a0b0-020cfb3b2f3a

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