Cheap Car Insurance in Alaska

Cheap Car Insurance in Alaska

It is mandatory to get car insurance in Alaska for drivers to drive legally in the state. Different companies in Alaska provide car insurance at different rates.

According to data gathered by MyMoneyMyQuotes following are the cheap car insurance providers that offer car insurance at affordable rates in Alaska:

Name of the Company Average annual car insurance premiums
USAA $1042
State Farm $1102
Umialik $1244
Progressive $1510
GEICO $1803
Safeco $2480
Allstate $2948

Cheap car insurance in Alaska for good drivers 

Car insurance companies may charge high car insurance premiums from drivers in Alaska with histories of speeding tickets, at-fault accidents, or DUI citations. Car insurance companies in Alaska provide discounts on car insurance premiums to those who have a good driving history but discount rates vary from company to company. You can save money on a car insurance policy in Alaska by maintaining a good driving record. 

  • Drivers with no traffic ticket may save $233 on car insurance premiums in Alaska. 
  • Drivers may save $618 on car insurance premiums if they have an accident-free record in Alaska. 
  • By maintaining a good credit history you may save $847 on car insurance premiums in Alaska. 

Cheap car insurance for inexperienced drivers in Alaska

Most auto insurance providers may charge high auto insurance premiums in Alaska from young or inexperienced drivers because inexperienced drivers are riskier for auto insurance companies than experienced drivers.  Auto insurance premiums in Alaska vary according to the age of the drivers. Some companies charge high auto insurance costs from young drivers in Alaska. 

Age Average annual auto insurance premiums with parents Average annual auto insurance premiums for young drivers alone
16 $4378 $5428
17 $4157 $4820
18 $4005 $4109
9 $3590 $2990

Affordable auto insurance in Alaska for high-risk drivers

Car insurance companies in Alaska charge high auto insurance premiums from those drivers who have a bad driving history as compared to the drivers who have no at-fault accidents, speeding tickets, or DUIs.

Drivers with a good driving record in Alaska can save money on auto insurance policies because auto insurance companies check the driving record of the past 3 to 5 years to decide the car insurance cost. Drivers with a good driving history in Alaska may get 20-25% discounts on car insurance policies.

Rating factor Average annual car insurance premium
At-Fault Accident $1763
DUI $1696
Speeding Violation $1377
Bad Credit $1990

Best car insurance companies in Alaska

Some companies in Alaska charge lower car insurance premiums than others. To get the best auto insurance policy in Alaska you should check the reputation and services of the insurance companies because finding an affordable car insurance policy is not just enough. You can find the best auto insurance company in Alaska by comparing car insurance quotes from different car insurance providers. According to the data gathered by the MyMoneyMyQuotes following are the best car insurance providers in Alaska:

  1. Allstate
  2. GEICO
  3. Progressive
  4. Safeco
  5. State Farm
  6. Umialik
  7. USAA

What auto insurance coverage is mandatory to purchase for drivers in Alaska?

The average annual cost to get the minimum required coverage in Alaska may be around $478. The minimum required coverage for drivers in Alaska to drive legally in the state is:

Coverage type Coverage limit
Bodily injury coverage per person $50000
Bodily injury per accident $100000
Property damage per accident $25000

 The state minimum auto insurance requirements in Alaska

The state minimum auto insurance coverage requirement is liability coverage.

  1. $50000 bodily injury coverage per person is required in Alaska.
  2. $100000 bodily injury coverage per accident is required in Alaska.
  3. $25000 property damage coverage per accident is required in Alaska.

Other types of optional coverages in Alaska are:

  1. Comprehensive
  2. Collision
  3. Roadside Assistance
  4. Uninsured Motorist Bodily Injury
  5. Loan/Lease Payoff
  6. Medical and Funeral Services
  7. Rental Car Reimbursement

Fine for driving without car insurance in Alaska

If anyone caught driving without a car insurance policy in Alaska then the police may charge a fine. 

Car insurance prices by cities in Alaska

Car insurance premiums in Alaska may vary from city to city. In some cities of Alaska, car insurance prices are high compared to others.

City Average annual insurance premiums
Anchorage $1507
Fairbanks $1326
Wasilla $1313
College $1286
Sterling $1245
Kodiak $1169
Juneau $1062
Sitka $1049
Ketchikan $1016

If you are looking for a car insurance deal in Alaska, you can compare car insurance quotes provided for free by MyMoneyMyQuotes.com to get yourself the best possible deal.

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