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May 14, 2025

Impending Tariffs May Drive Up Car Insurance Rates

Get ready for higher car insurance rates this year as tariffs on the auto industry are expected to increase costs. Analysts predict that these tariffs could raise insurance prices by nearly 10% later this year. Consumers need to prepare for this change as it will impact their budgets. Understanding the broader implications of these tariffs can help car owners make informed decisions moving forward.

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