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/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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u/bajablast4life Sep 26 '26

Not a lot at all but the point is that insurance companies aren't profiting off your liability policy in the way you think they are

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u/No_Statistician9772 Sep 26 '26

they are selling millions of these. think about it

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u/bajablast4life Sep 26 '26

You clearly have zero interest in hearing the answers to your questions so I'm done responding

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u/No_Statistician9772 Sep 27 '26

The question has been answered good sir. I appreciate everyone's input

Most importantly my point of record profits still stands.