Proposed tariffs on auto parts could increase auto repair claims costs by $3.4 billion


Ultimately the costs due to the proposed tariffs could be passed onto consumers through increased insurance costs.

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PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write $216 billion in annual premium, 36 percent of the nation's property casualty insurance. Member companies write 43 percent of the U.S. automobile insurance market, 29 percent of the homeowners market, 34 percent of the commercial property and liability market and 36 percent of the private workers compensation market.

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