Add this to worries about the likely impact of tariffs: costlier car insurance.

The new tariffs on imported cars, metals and parts announced by the Trump administration are expected to raise vehicle prices by thousands of dollars if they remain in place. And because parts used in auto repairs will also become more expensive, the average cost of automobile insurance is expected to increase.

The average annual premium for a full-coverage auto policy was just over $2,300 at the end of last year, according to an analysis by Insurify, an insurance comparison shopping website. The site initially estimated that premiums would increase just 5% this year, based on factors like inflation and insurer losses.

How much of an impact could tariffs have on car insurance costs?

With the addition of the tariffs, Insurify now projects premiums to rise at least 16%, or $378, to almost $2,700 on average nationally — about $256 more than without tariffs. The analysis includes the tariffs on steel and aluminum, those on imported cars and those on imported auto parts scheduled to take effect May 3. (Tariffs announced in February on products from Mexico and Canada were adjusted to exempt some goods, including cars and auto parts, that comply with the free trade agreement President Donald Trump negotiated in his first term, according to Insurify. If that exemption is lifted, the increase in automobile premiums could be as high as 19%, the analysis found.)

An Insurify spokesperson said the Trump administration’s announcement Wednesday, pausing double-digit global tariffs for 90 days, didn’t change the company’s projections. Treasury Secretary Scott Bessent, in response to a reporter’s question after the announcement, indicated that the pause didn’t apply to certain tariffs like those on automobiles.

“Things that increase the cost of repairs impact prices,” said Robert Passmore, vice president of personal lines with the American Property Casualty Insurance Association, whose members are big insurance companies. About 60% of parts used in auto shop repairs are imported from Mexico, Canada and China, the association has said.

The price of car insurance has soared in recent years for a variety of reasons, including more claims resulting from driving habits that deteriorated during the pandemic, the use of more expensive technology in cars, and damage from strong storms and hail. While increases had recently begun to moderate, the cost of motor vehicle insurance still rose 7.5% in March compared with a year earlier, according to the Bureau of Labor Statistics.

When will the increases affect driver policies?

Consumers won’t see the impact in their rates immediately, Matt Brannon, a data reporter at Insurify, said. Rather, higher premiums will probably arrive by the end of the year, depending on when your policy renews.

Michael DeLong, the research and advocacy associate for Consumer Federation of America’s campaign for fair auto insurance, said that car insurance is regulated by the states and that insurers must gather several months of claims data, rather than blaming tariffs generally, to show their requests for higher rates are warranted. “They have to justify it,” DeLong said.