Even if you’re not shopping for a new car, President Donald Trump’s latest round of tariffs on raw materials, vehicles and vehicle parts could cause financial strain on another front: car insurance.

Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.

A slew of new tariffs, including some specific to vehicles, have many Americans reassessing their plans to buy a car — moving them up to take advantage of today's tariff-free pricing, or reevaluating ...

Car insurance costs are rising along with the price of new vehicles. The average cost for full coverage car insurance was $2,312 annually as of December 2025. Luxury and high-performance sports cars, ...