Rising tariffs and shifting global trade policies are adding strain to insurance markets, particularly in homeowners insurance and auto coverage, according to a recent analysis by the American Agents Alliance.

Higher costs for imported materials such as automotive parts and construction supplies are pushing up claims expenses, which in turn may raise premiums for both personal and commercial policyholders.

This ripple effect, the report states, is also contributing to inflation and uncertainty in underwriting.

“Because tariffs create higher prices on imported goods, this has both direct and indirect impacts on the insurance ecosystem,” the American Agents Alliance details ⇒

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