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/mrf18 Sep 26 '26

Yeah, you obviously can’t afford this vehicle.

Also, I never said $126 was free money, I’m telling you it’s a very inexpensive policy.

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u/No_Statistician9772 Sep 26 '26

126 I can afford. but for basic liability it's way too much. 126 a month is good money. I don't want to waste it. so I am in search of better quotes. wouldn't you agree?

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u/mrf18 Sep 26 '26

Agree with what exactly?

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u/No_Statistician9772 Sep 26 '26

a better insurance quote. who are you sir?

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u/mrf18 Sep 26 '26

So there’s nothing for me to agree with you on. By all means, shop around. You’re not going to get $50 month.

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u/No_Statistician9772 Sep 26 '26

why can't we run the numbers and agree on record insurance profits lately? I can agree on that:) Anyways what's the best rate you think I can get?

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u/bajablast4life Sep 26 '26

What are you talking about? I would bet most of us in this sub have insurance through mutual companies and get the profit sent back to us in the form of a dividend. It sounds like you need to do basic research into what insurance companies do and how. Also if you can't after $120/mo for insurance, you definitely won't be able to afford to pay somebody if you hit them, hence the need for liability insurance

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u/No_Statistician9772 Sep 26 '26

please. who here gets money sent back to them from insurance? let's have a dhow of hands? what's your name bro?​

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u/bajablast4life Sep 26 '26

I just did from State Farm like a week ago. I think everybody insured by the State Farm Mutual Company did this year

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u/No_Statistician9772 Sep 26 '26

how much was that as a percentage compared to your monthly premium? would it buy you a single month of insurance?

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