-9.3 C
Ottawa
Friday, December 12, 2025

US Car Insurance Premiums Could Rise 4 Percent or More by 2025-End

Date:

US Car Insurance Premiums Could Rise 4 Percent or More by 2025-End

Cars on a highway in the Queens borough of New York City on March 23, 2025. Samira Bouaou/The Epoch Times

Car insurance rates in the United States could rise by 4 to 7 percent this year, with tariffs potentially playing a role, online platform Insurify said in an Aug. 5 report.

Although rates were steady nationally and decreased in 27 states during the first half of 2025, tariffs and inflation could derail that trend, the company said.

About the author: Naveen Athrappully
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

On Human Rights Day, Lawmaker Encourages Advocates to Keep up Pressure on China

Rep. Young Kim (R-Calif.) speaks onstage during the 2023...

Americans Could See up to $2,000 Tax Refunds Next Year, Says Treasury Secretary

The Internal Revenue Service (IRS) in Washington on March...

How to Use Gifting Strategies to Reduce Future Taxes

Jack_the_sparow/ShutterstockAffluent families may have to face the burden of...

Energy Minister Launches Australias 1st Electric Truck Charging Hub

The facility will offer 44 fast chargers for light...