Car insurance rates set to go 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. ... Right now, there's a 25% tariff on imported new cars . There's also a plan to impose a 25% tariff on at least some imported car parts, although the details aren't finalized ...