Tariffs threaten to push auto insurance rates even higher
(NPR) A slew of new tariffs, including some specific to vehicles, have many Americans reassessing their plans to buy a car — moving them up to take advantage of today's tariff-free pricing, or reevaluating whether they want a new car at all, given the economic uncertainty.
President Trump has recently floated the idea of a temporary pause on the 25% tax on imported cars, as a reprieve for automakers.
But even if he goes ahead with that idea, tariffs will still affect the auto industry. And deciding not to purchase a new car won't fully insulate drivers from price changes, either.
That's because tariffs are pushing up the prices of parts — so the cost of maintenance and repairs are also poised to rise. And when repairing cars gets more expensive, so does something else: auto insurance.
https://www.npr.org/2025/04/18/nx-s1-5369346/tariffs-auto-insurance-rate-hikes
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