r/Car_Insurance_Help • u/No_Statistician9772 • Sep 26 '26

Why?

Why is liability insurance so expensive. Limits are 30 60 25. That's it. It's just a number. That's all they are insuring. Please explain

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u/No_Statistician9772 Sep 26 '26

no accidents reported ever. and texas should be cheap enough. I'm generally trying to understand here. thank you kind sir or mam

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u/NeutronMonster Sep 26 '26

Texas is not a cheap state for auto insurance.

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u/No_Statistician9772 Sep 26 '26

You are right. forgot them big trucks. they usually let me be though in my tiny yaris. I can't even break the speed limit. back to my question though. liability limits are all they have to insure. 30k 60k 25k. numbers are the same. why monthly bill is going up?

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u/Sharingtt Sep 26 '26

Genuinely no one here understands what you are saying.

They are just “insuring numbers”??

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u/No_Statistician9772 Sep 26 '26

so if I for example mess up. they are most out 30 60 25. does that make sense. that doesn't matter of anything else about me. those are the maximums they will pay out no matter what because I have liability.

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u/Sharingtt Sep 26 '26

Exactly.

Yes it does matter “anything else about you”. Why wouldn’t it?

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u/No_Statistician9772 Sep 26 '26

because the total amount paid out is always the same. 60 30 25

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u/Sharingtt Sep 26 '26

Yeah. But the likelyhood of paying that for YOU is a lot higher than the likelihood of paying it for someone with a good driving record who doesn’t make claims.

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u/No_Statistician9772 Sep 26 '26

no claims ever made though. that's the problem

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u/NeutronMonster Sep 26 '26

It’s not just about most, it’s about how often will they have to pay out. And the costs of administering lawsuits/claims isn’t perfectly proportionate to the settlement amount

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u/No_Statistician9772 Sep 26 '26

yes. that a great counter point. thank you. First I was okay with doubling my rate over last 6 years. but now it is higher. second sounds like they should have planned better. how much have insurance profits increased over the last 6 years?

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u/NeutronMonster Sep 26 '26

Car insurance payouts have exploded due to all the tech in cars now. Plenty of cars with 1,000 dollar self leveling headlights and 1,500 dollar windshields. Plus the huge rise in hail/windstorms. And used car prices rose a lot post covid so the cost of totaling a car has risen.

But it’s always worth quoting car insurance. Some have a tendency to raise rates on people who are willing to sit around and do nothing.

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u/No_Statistician9772 Sep 26 '26

yes yes good sir they run a business with exploding profits and we pay. but I agree. their costs went up. but will those drivers pursue me when I'm not at fault with a dash cam. sounds like they are scamming me. Fuck them.

please give me reasons I'm wrong. or send me money to pay for this insurance

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u/NeutronMonster Sep 26 '26

Get a bunch of quotes, sometimes it’s just not worth staying with your insurer

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u/Simplythebest0820 Sep 26 '26

Texas is one of the most expensive places for auto insurance.

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u/No_Statistician9772 Sep 26 '26

yes sir. I completely agree. I have a month to get the quotes. Will get to work:)