I have heard zero from any insurance company discussing this. But, I think we need to be prepared. In 2021, the United States imported $159.6 billion in automotive parts, which was a record high at the time.
This is a link from 2022 that tariffs were already increasing home building prices. https://www.americanactionforum.org/insight/tariffs-are-increasing-homebuilding-costs/
I am seeing some amazing auto rates offered by Progressive. They were the first insurance auto carrier to start making a profit in Texas after Covid.
This is a link from 2022 that tariffs were already increasing home building prices. https://www.americanactionforum.org/insight/tariffs-are-increasing-homebuilding-costs/
I am seeing some amazing auto rates offered by Progressive. They were the first insurance auto carrier to start making a profit in Texas after Covid.