11.16.21 Skimpflation is Upon Us / Industry Disruption: Root and Lemonade are Changing Auto Insurance.
\u201cSkimpflation\u201d is a form of hidden tax via customer no-service, with companies cutting corners in almost all sectors. Surviving businesses are dealing with increased demand and labor shortages - another dislocation to work through in the economy. // While spending billions on non-stop ads, the traditional market-driven insurance industry is being turned on its head. New companies like Lemonade and Root begin with trust and simplicity. It\u2019s working.\nAsk Clark topics include: GetUpside Review: 6 Things To Know Before You Sign Up / Best 529 College Savings Plans By State \\\\\n\nWant more money advice? Sign up for Clark\u2019s free daily newsletter!\nFree Advice: Clark's Consumer Action Center\nLearn more about your ad choices. Visit megaphone.fm/adchoices