Latest / Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation
How Inflation Erodes Your Insurance Deductibles
Most listeners assume their insurance deductibles are fixed costs, but inflation quietly raises them every time a claim happens. We look at the math behind repair costs and why your $1,000 deductible feels like $1,400 in real terms today. With core CPI up to 336.8 and interest rates holding near 3.65 percent, understanding how input cost inflation passes through to your out-of-pocket expenses is critical for protecting your purchasing power.
#Inflation #Insurance #Deductible #PersonalFinance #PurchasingPower #CPI #HomeownersInsurance #AutoInsurance #RepairCosts #RiskManagement…
The skinny
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