“The right insurance coverage varies from person to person, but less is not more when it comes to car insurance.
Increasing your coverage limits for bodily injury liability, or any other coverage on your policy, will always increase your rates. However, this also means you will be protected in the event of an accident.
The state minimum you had may cover your current net worth, but you also want to think about the future. If you get into an accident and the cost of damages or injuries exceeds your current net worth or what your policy covers, you could be sued for future wages.
You made the right decision to increase your coverage, but still, shop around! Take a look at other carriers in your area and see what they offer for the coverage you have now. You can be properly protected while still paying an affordable rate.