Evelyn Pimplaskar

3 weeks ago | insurify.com | Matt Brannon |Evelyn Pimplaskar

United States tariff policy continues to evolve, altering projections for how the import duties will affect car prices and insurance rates.

1 month ago | insurify.com | Matt Brannon |Evelyn Pimplaskar

Homeowners were already bracing for higher home insurance costs in 2025, and tariffs on construction materials could further raise insurance rates. Insurify projects tariffs will add an extra $106 to the average homeowner’s annual insurance costs, pushing the projected national average to $3,626 around the end of the year. Tariffs wouldn’t affect home insurance costs to the same extent as auto insurance costs, since home builders generally rely more on domestic materials.

2 months ago | insurify.com | Matt Brannon |Evelyn Pimplaskar

Table of contentsImportant InformationEditor’s note: The U.S. has adjusted tariff policies since this report was published, changing the estimated impact on car insurance costs. See Insurify’s latest tariff projections. Sweeping tariffs could add an extra $324 to the average American’s car insurance costs by the end of the year. As of April 3, the White House has imposed at least three sets of tariffs that would effectively make covering car insurance claims more expensive for insurance companies.