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Parents who add a 16-12 months-old to their full-coverage auto insurance coverage policy in 2021 can see their premium improve by $2,531 yearly on common. Automotive stocks may be important contributors to your funding portfolio. And, as a result of they rise and fall with consumer confidence, they can be useful indicators that financial hassle — or a restoration — may be on the way. We ought to have seen a rebound in 2021, but automakers at the moment are coping with supply chain points and a shortage in silicon chips stemming from the pandemic. At this level, it seems probably that manufacturing gained’t normalize till 2022.