Tausi Insider

Most of us don’t think too much about insurance, but we deal with it in just about every aspect of our lives, from health insurance to unemployment insurance, from homeowner’s insurance to auto insurance. But insurance can cover a lot more than this—in fact, most common homeowners insurance covers stuff you might not think of, like liability if your dog bites someone, damage from riots (!), and even your tombstones, which are considered personal property. And in theory, you can get a custom insurance policy on anything that has a demonstrable “ insurable interest ”—that is, demonstrable financial loss associated with an event. Insurers may not be willing to write the policy if there are significant moral hazards or if they calculate that the policy doesn’t make sense financially for their business—but you might be surprised to learn some of the stuff you can insure with a pretty low degree of difficulty. Body parts You’ve probably heard about some celebrity who has taken out an in...

Photo : Denys Kurbatov ( Shutterstock ) While it’s true that inflation seems to be coming down since its peak in June, some things are looking to continue to increase in price this year. To start, it’s helpful to know what it actually means when the experts say “ inflation is easing. ” The 6.5% inflation number you see in headlines is the average price of goods and services used to measure the cost of living for most people. That means some products will be going up while others are actually expected to drop in 2023 . Here are some of the things experts are predicting will be going up in price this year—and some that already are. Postage stamps According to U.S. Postal Service, a mailing service notice to increase prices to keep up with inflation is pending to be approved by the Postal Regulatory Commission before they take effect Jan. 22, 2023. If they are, expect these price hikes from the USPS ; if you’re running low on stamps, you should buy some soon. Food and eating out A...