Here's why Trump tariffs may raise your car insurance premiums

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C_Clayton_Jones

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“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.
 
“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.
.so...3%...or about $60 more per year?
 
“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.
Trump Tariffs may also cause hair loss, ED and cancer in mice. Or maybe not.
 
“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.
Average car price is $51k now.
California's 2025 minimum car insurance policies are now 30 60 15 for liability. Mine almost doubled so I found a low cost insurer to get back to what I was paying previously.

Driving is definitely off the rails.
 
“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.
Trumps Tariffs may cause you to not get sleep at night.
Unless you have some definitive proof, quit the fairytale
 
Average car price is $51k now.
California's 2025 minimum car insurance policies are now 30 60 15 for liability. Mine almost doubled so I found a low cost insurer to get back to what I was paying previously.

Driving is definitely off the rails.
Do the 10 million under insured / uninsured illegal Mexicans have anything to do with that?
 
“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.
hey jones my car ins has gone up from 100 a month to 255 right now over the past 3 years and no claims were done against it....what else is new?...
 
Average car price is $51k now.
California's 2025 minimum car insurance policies are now 30 60 15 for liability. Mine almost doubled so I found a low cost insurer to get back to what I was paying previously.

Driving is definitely off the rails.
what is it in Oz?.....
 
“The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis. This at a time when drivers continue to see costs soar amid pandemic-era inflation.

A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual full-coverage car insurance premiums by 8% to $2,502, on average, by the end of 2025, according to Insurify.

It estimates average annual premiums would rise 5% by year-end, to $2,435, without tariffs on Canada and Mexico.

Tariffs are expected to make cars and auto parts imported from Canada and Mexico — which are major suppliers for the U.S. market — more expensive. As a result, insurers pay out more money in claims when policyholders get into car accidents, and they pass on that financial risk to consumers via higher premiums.”


And now, because of Trump, Americans will be paying higher insurance premiums.

Where the hell have you been the last four years?
 
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