Definition of «inflated rates»

The phrase "inflated rates" means prices or charges that are higher than they should be or higher than what is considered fair.

These policies offer limited coverage at inflated rates because they do not require a health exam for approval. (termlifeadvice.com)
Education and research can prevent you from paying inflated rates even if you are classified as a high risk driver. (carinsurancequote.net)
Prior to using our services, many of these customers had attempted to secure life insurance elsewhere and were charged inflated rates. (termland.com)
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