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The Independent UK
The Independent UK
Gustaf Kilander

Trump’s tariffs are not only making cars more expensive, but insurance as well

Insurance Donald Trump Insurify AAA

While the price of car insurance has risen in recent years, President Donald Trump’s tariff polices look set to raise it further.

An analysis by Insurify found that the cost of full-coverage car insurance could rise as much as seven percent to an average of $2,472 annually by the end of this year if tariffs lead to major losses for insurers.

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