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Trump’s automotive tariffs set to drive up vehicle prices and insurance rates in US

GlobalData
Summary
Nutrition label

72% Informative

GlobalData ’s 2024 Emerging Trends Insurance Consumer Survey reveals that 53.5% of US consumers pay over $1,000 annually for car insurance.

In contrast, only 21.0% of UK consumers report paying more than 750 ($ 987 ) while just 16.9% of Chinese consumers state their premiums exceed 7,000 yuan ($ 963 ).

VR Score

79

Informative language

83

Neutral language

45

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links