The U.S. war with Iran has added a new layer of uncertainty to the global economy. The conflict has led to rising oil prices and supply chain breakdowns, raising questions about what other costs it could drive up.
For now, car and home insurance companies aren’t raising alarm bells. Inflation and supply chain problems have caused rising rates in the past — like in 2022, following the pandemic. But disruptions from the conflict in Iran aren’t likely to raise insurers’ costs by that magnitude.
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