Auto Insurers Warn Tariffs on Auto Parts Could Raise Insurance Costs

By | July 19, 2018

  • July 19, 2018 at 12:47 pm
    Customer says:
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    Tax increases make premiums go up and tax cuts don’t cause them to go down?!?!

  • July 19, 2018 at 3:05 pm
    Skeptical says:
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    Jack, the reason they are made overseas is that they are cheaper to produce therefore cheaper to buy and then sell. Impose a tariff will make them more expensive but that does not follow that they will now be made here (ergo more jobs) As the increased production costs here will cause the same increases in price as the tariff. As a business model with all of the distribution logistics in place, they will still be made overseas. In either scenario the consumer loses.

  • July 19, 2018 at 3:15 pm
    CalDude says:
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    I think you mean “phantom tax cut”. That baby is DOA…

    • July 19, 2018 at 4:35 pm
      SWFL Agent says:
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      I don’t see why tariffs would make the prices go up.

      • July 19, 2018 at 4:36 pm
        SWFL Agent says:
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        Correction- I don’t see why tariffs wouldn’t make the prices go up.

        • July 19, 2018 at 5:24 pm
          Cut the Bias says:
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          Got a big laugh out of me! That was a good one :D

          Seriously, this is obvious economics. If parts cost more to fix a car, then obviously it will affect rates.

          Thanks, Trump. Your “easy to win” Tariff war is going to go so well…

          • July 20, 2018 at 3:28 pm
            Agent says:
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            Our great President will win this war and I am not tired of winning. They need our market a lot worse than we need their’s. Sorry, dude, we are not going to be taken advantage of any more. That ship has sailed.

          • July 25, 2018 at 9:53 am
            Ron says:
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            Agent,

            What are your thoughts on the $12 billion in welfare going to farmers harmed by the tariffs? Should they all be drug tested first? Is he is buying votes for the mid-terms? From where is he getting this money?

          • July 25, 2018 at 4:18 pm
            Captain Planet says:
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            The farmers are still PO’d. They would rather have the tariffs reversed than have the taxpayer 1 time bailout. Tramp made the $11B hole and now wants to stop the capsizing with a $12B plug. Most farmers don’t want to burden their family and friends. Do you think he’ll ask Cohen if he can just pay that $12B in cash? And good point about the welfare, Ron. Probably should drug test all these farmers first!

            Have you watched any of “What Is America” yet? WOW! I’m glad that mentality is fading. That town in Arizona is scary. They’ll “tolerate” the black people who live there? Are you kidding me?

  • July 20, 2018 at 10:30 am
    Agent says:
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    Jack, not ok if Europe has 25% tariffs on our goods going to them. Is ok if we reciprocate so we can have free and fair trade. Hope Merkel and her cohorts are getting the picture now. Job creation received a new boost with the announcement that a huge re-training project is being kicked off and many large companies are participating. The best part is that if will require no government funding. Companies need the jobs and the best way is to get the people that have been sitting on the sidelines the last 10 years getting trained to do jobs that will be required. There is no shortage of labor, just a shortage of trained labor.

  • July 25, 2018 at 4:20 pm
    Captain Planet says:
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    Hey Craig,
    I’m so old, I remember when you wrote:
    MARCH 14, 2018 AT 11:28 AM
    Craig Cornell says:
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    I can’t figure out if you are ignorant or just dishonest. Both?
    Blaming on person, any President, is what a third grader would do.

  • July 27, 2018 at 11:55 am
    Boonedoggle says:
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    Property/Casualty Insurance companies and related PAC’s contributed over 80% of their campaign finance donations to Trump and Republican candidates, even after being aware ot Trump’s tariff intentions. It is disingenuous for them to now whine about higher repair parts prices.



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