Tariff War Impacts Cost of Services
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insurance ratesMoneywise
•Technology
Technology
Trump’s tariffs are now raising prices for car parts. Will your auto insurance increase, too?

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.
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