President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, which is expected to raise auto insurance ...
Cheung suggested for car buyers to go to the dealership and ask which cars are made domestically and which ones might be imported, as imported vehicles and car parts are facing the tariffs.
Rates rose by 23% in 2024 due to inflation and increased claims from extreme weather. A recent Insurify report predicts that Texas auto insurance rates will continue to rise by 6% in 2025, reaching an ...
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