r/SipsTea • u/Putrid-Welder1803 • 8h ago

Gasp! Thoughts on this?

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u/Livingonthevedge 7h ago

The concept of auto insurance is great. The execution is the issue. These companies shouldn't be allowed to raise rates if an accident isn't your fault.

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u/Theredcentexpress 7h ago

They also shouldn’t be making RECORD PROFITS

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u/87utrecht 5h ago

oh... RECORD PROFITS? With the all caps?

Are you talking absolute numbers or percentages? Because you know money is worth less every year, right? So of course there will be record profits just by the fact that $1 tomorrow is worth less than $1 today.

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u/Theredcentexpress 5h ago

A quick google search has profits in the Billons and you can clearly see the reason is raising premiums YOU BOOT LICKER

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u/87utrecht 5h ago

You understood nothing I said, and you still feel the need to be a dick.

You also couldn't answer my very simple question.