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Rising Repair Costs Leave Drivers and Homeowners Vulnerable
eTradeWire News/10802694
American Protection Corp. Urges Consumers to Prepare for Soaring Part Prices and Supply Chain Delays.
BOCA RATON, Fla. - eTradeWire -- With new added tariffs the increased cost of replacement parts are becoming higher than ever. As of May 2025, global supply chains are facing significant challenges. The Red Sea crisis, caused by geopolitical tensions, has disrupted shipping routes, leading to delays and increased costs. Additionally, U.S. tariffs on imported goods, including auto and home appliance parts, have raised prices and caused supply chain disruptions. For example, President Trump's recent tariffs on auto parts are expected to increase vehicle prices and production costs. These factors have led to higher consumer prices and operational uncertainties for businesses.
According to industry data, the average cost to repair or replace an engine can now exceed $10,000, while a transmission replacement typically runs between $4,000 and upwards of $9,000 on some makes and models. Even routine repairs like air conditioning or suspension work can cost thousands of dollars — a financial burden many Americans are not prepared for.
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"People are feeling the impact at homes and repair shops across the country," said Dawn Coletta, Chief Operations Officer at American Protection Corp. "We've seen both car repair cost as well as appliance repair costs increase in 2024 and we expect the trend to further continue due to inflation."
"Additionally, the delay in getting parts due to supply chain issues have extended repair times causing inconvenience and frustration for home owners." added Coletta. "A single unexpected breakdown can wipe out a family's emergency fund. We believe that vehicle and home protection shouldn't be a luxury — it should be a smart decision anyone can afford. Therefore, we offer plans that can be tailored to each customer and can be adjusted as needs or budgets change."
American Protection Corp. offers affordable and customizable Appliance Protection Plans for your home and Mechanical Breakdown Protection Plans for your car that cover critical major systems. With budget-friendly monthly payment options, consumers can protect themselves without stretching their budget.
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To learn more about American Protection Corp. and its offerings, including how to bundle your home and auto coverage, visit us online http://www.AmericanProtectionCorp.com
or call +1(800) 427-1806.
About American Protection Corp.
American Protection Corp. is a full service insurance agency, proud to be an A+ rated and accredited Better Business Bureau (BBB) business, demonstrating its commitment to maintaining the highest standards of integrity and customer service.
According to industry data, the average cost to repair or replace an engine can now exceed $10,000, while a transmission replacement typically runs between $4,000 and upwards of $9,000 on some makes and models. Even routine repairs like air conditioning or suspension work can cost thousands of dollars — a financial burden many Americans are not prepared for.
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"People are feeling the impact at homes and repair shops across the country," said Dawn Coletta, Chief Operations Officer at American Protection Corp. "We've seen both car repair cost as well as appliance repair costs increase in 2024 and we expect the trend to further continue due to inflation."
"Additionally, the delay in getting parts due to supply chain issues have extended repair times causing inconvenience and frustration for home owners." added Coletta. "A single unexpected breakdown can wipe out a family's emergency fund. We believe that vehicle and home protection shouldn't be a luxury — it should be a smart decision anyone can afford. Therefore, we offer plans that can be tailored to each customer and can be adjusted as needs or budgets change."
American Protection Corp. offers affordable and customizable Appliance Protection Plans for your home and Mechanical Breakdown Protection Plans for your car that cover critical major systems. With budget-friendly monthly payment options, consumers can protect themselves without stretching their budget.
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To learn more about American Protection Corp. and its offerings, including how to bundle your home and auto coverage, visit us online http://www.AmericanProtectionCorp.com
or call +1(800) 427-1806.
About American Protection Corp.
American Protection Corp. is a full service insurance agency, proud to be an A+ rated and accredited Better Business Bureau (BBB) business, demonstrating its commitment to maintaining the highest standards of integrity and customer service.
Source: American Protection Corp.
Filed Under: Insurance
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