Car insurance rates rising in 2023, local agent provides tips to save


DELMARVA – Car insurance rates are up 8.4% percent in 2023, making the national average cost of a full coverage plan over $1,700 a year according to Value Penguin.

That report found that the biggest cause of that price hike is inflation, with the cost of labor and materials still on the rise.

Berlin State Farm branch owner Derrick Elzey says another cause of that increase is more drivers on the road, which means more accidents and claim dollars being paid out.

Yet, Elzey says their goal is helping drivers find as many discounts as possible. “It helps to have multi-lines. If you have your car, your home, life insurance, all those things linked up with one carrier that can absolutely help your premium costs,” Elzey says.

“It’s pretty popular now, but State Farm specifically has Drive Safe and Save. It’s a vehicle usage discount and that’s the only discount we have that drivers have control of every time you get behind the wheel.”

Elzey says tips like increasing your deductible can also reduce your premium rate.

He also advises you to speak with your local agent about the different discounts available.

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