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New tariffs could push auto coverage rates even higher. Find out why costs are expected to surge and what you can do to save.
Car insurance premiums are already high, and new tariffs could worsen things. A proposed 25% tariff on imports from Canada and Mexico and increased duties on auto parts could drive up repair and replacement costs, forcing insurers to raise rates. Experts estimate that full-coverage car insurance premiums could jump 8% in 2025 if these tariffs take effect. Understanding the potential impact of…
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