Company | Annual Premium | Monthly Premium |
---|---|---|
USAA | $809 | $67 |
All state | $96 | $8 |
Geico (sourced from usnews.com) | $988 | $82 |
State Farm | $1,023 | $85 |
Umialik | $1,103 | $92 |
Disclaimer – We are not affiliated with Geico or sell their insurance. Geico data is not our own and is only for comparison purposes, acknowledging it is one of the cheapest options in the state.
Disclaimer – We are not affiliated with Geico or sell their insurance. Geico data is not our own and is only for comparison purposes, acknowledging it is one of the cheapest options in the state.
Why Compare Car Insurance Rates in Alaska:
As a car owner, you've probably already been bombarded by ads from several top car insurance firms. It can be challenging to select, or even to consider, how various all these organizations are. There are areas excluded from registration and compulsory insurance. These are areas with few roads and restricted access to the rest of the country.
At Way.com, we ranked the most affordable car insurance in Alaska based on average annual premiums for comprehensive and accident coverage. However, these figures can differ depending on the particular factors involved. To find the most acceptable package and premium, drivers will have to compare quotes from various service providers.
All states require you to buy such insurance coverage before you can register your car. According to the Alaska Insurance Department, all car owners must have at least the following:
Coverage Type | Minimum Coverage Limit |
---|---|
Bodily Injury Liability Coverage (per person) | $25000 ($50,000 for injuries resulting in death) |
Bodily Injury Liability Coverage (per accident) | $50000 ($100000 for injuries resulting in death) |
Property Damage Liability | $10000 |
Uninsured Motorist | $25000 bodily injury per person $50000 bodily injury per accident |
If you want to save money on auto insurance (including bodily injury liability), State farm has the best rates for the least amount of coverage, followed by Allstate. Progressive has the most expensive rates in this group, although it's worth noting that Progressive low-tier coverage is more expensive than other insurers' high-tier coverage. In other words, if you shop about, you can receive more coverage for less money.
Company | Annual rate |
---|---|
State Farm | $343 |
Allstate | $419 |
Umialik Insurance | $443 |
Progressive | $659 |
The best insurance is not necessarily the cheapest insurance. You may want more than the minimum insurance required by the state, depending on what you can afford. Collision insurance, for example, covers damage to your vehicle, and comprehensive coverage covers your car for burglary, fire, blizzards, natural disasters, and animal accidents, such as deer or moss.
State insurance guidelines had already been laid down several years ago. Consumer and insurance advocates say that it is better to have a 100/300 exposure policy-a policy that pays $100,000 per injury and $300,000 per accident.
If you live in a state where you must register your car, you must also make sure you do so. Cars stored in a garage or on private property do not have to be covered until they are licensed and registered.
Alaska is one of only a few states implementing the "No Pay, No Play" policy. This law indicates that persons who do not have automobile insurance are limited in the money they can get if they are not at fault in an accident. They are usually barred from suing for non-economic damages such as pain and suffering.
Comparing insurance quotes from various companies is the easiest method to obtain affordable coverage. Way.com can assist you in obtaining estimates from a variety of reputable insurers so that you can select a policy that meets your requirements.
In Alaska, personal injury protection (PIP) is not needed. Instead of PIP insurance, Alaska insurance companies offer medical payments insurance (also known as MedPay) to cover hospital expenditures incurred due to a car accident.
Alaska is an at-fault state, which means that following a collision, at least one driver is deemed to be "at fault." The average cost of insurance in Alaska – $1257 – is typical compared to most PIP states and other non-PIP states, owing to variances in auto insurance rules.
Like most states, Alaska has established laws mandating car owners to have specific minimum amounts of liability auto insurance in the case of a traffic accident on the state's roads and highways.
To be lawful in Alaska, you merely need liability insurance. However, if you want to increase your insurance coverage and protection, look into these additional coverage alternatives.
In Alaska, drivers must carry proof of insurance demonstrating that they have at least the minimum needed coverage.
Alaska Law 28.22.019 allows you to have a copy of your contract, self-insurance certificate, or insurance identification card in your immediate possession while driving a car. If you are involved in an accident that results in physical harm, death, or damage to property totalling $501, you would be forced to have evidence of insurance. Failure to have insurance can result in your driver's license being suspended.
If you are caught driving without the required insurance, you will be breaking the law and may face the following penalties:
Company | Annual rate |
---|---|
Allstate | $1,186 |
State Farm | $1,480 |
Umialik Insurance | $1,639 |
Progressive | $1,779 |
The national average for minimum coverage policy is $749 a year, Alaska's average is $991. A full-service policy with comprehensive coverage and Progressive coverage would cost an average of $1248. Our analysis of the top auto insurance providers in Alaska found that State Farm had the most competitive premiums.
We looked at Alaska's average car insurance prices based on each of the primary rating categories. Read on to determine how much auto insurance costs in your state, or enter your zip code to get customized quotes from top insurers.
Company | Annual rate |
---|---|
State Farm | $749 |
Allstate | $917 |
Umialik Insurance | $1,052 |
Progressive | $1,248 |
Company | 16-year-old-male | 16-year-old-female |
---|---|---|
State Farm | $3457 | $2727 |
Allstate | $3,516 | $2749 |
Progressive | $9169 | $8364 |
Company | Annual rate |
---|---|
State Farm | $689 |
Allstate | $1,117 |
Umialik Insurance | $955 |
Progressive | $1,338 |
Good drivers should save a significant amount on annual car insurance premiums in Alaska. Progressive and All state may be able to offer the best prices to drivers with a clean driving record (no speeding tickets, accidents, or DUIs). The typical insurance premiums for Umialik Insurance are about $1103 higher than the state average.
COMPANY | CLEAN RECORD |
---|---|
Progressive | $1,117 |
Allstate | $1,612 |
State Farm | $1,027 |
Umialik Insurance | $1,103 |
USAA | $809 |
Average | $1,118 |
The average insurance policy premiums for young adults in Alaska are not as varied as those for teenagers. According to our research of Alaska's top insurers,State farm has the best rates for women, State farm is also the cheapest insurance option for young adult males.
Alaska Rates for Young Adults
Company | Annual rate |
---|---|
State Farm | $889 |
Allstate | $1,049 |
Umialik Insurance | $1532 |
Progressive | $1,511 |
Speeding fines hurt the rates that good drivers can get. Drivers with a bad driving record may pay up to $200 more on average for vehicle insurance than those with a clean driving record. Speeding offenders with Progressive insurance will spend the least, followed by All state. After earning a speeding ticket, Alaskans with USSA and State farm had the highest auto insurance rates.
COMPANY | WITH 1 SPEEDING VIOLATION |
---|---|
Progressive | $1,437 |
Allstate | $1,826 |
Umialik Insurance | $1,385 |
State Farm | $1,120 |
USAA | $1,036 |
Average | $1,320 |
After an accident, Alaskan drivers may usually get the best rates with Progressie, and All state comes in second. According to the study's findings, USSA drivers pay the highest rates following a single accident.
COMPANY | WITH 1 ACCIDENT |
---|---|
Progressive | $1,883 |
Allstate | $2,267 |
State Farm | $1,215 |
Umialik Insurance | $1,395 |
USAA | $1,182 |
Average | $1,595 |
According to our study, Progressive has the best insurance prices for Alaska drivers with a DUI. Allstate, which charges the most for drivers with a DUI on their record, may charge drivers high prices for an annual policy.
COMPANY | WITH 1 DUI |
---|---|
Progressive | $1,323 |
Allstate | $2,270 |
State Farm | $1,120 |
Umialik Insurance | $1,395 |
USAA | $1,471 |
Average | $1,596 |
State Farm may offer the best deal if you're married, as its premiums are $328 less than the state average for married drivers. Because married drivers are statistically less likely to be involved in accidents, insurers charge married drivers somewhat cheaper rates than solo drivers. Compared to single drivers in Alaska, married drivers save $103 per year on car insurance.
Companies | Annual rates |
---|---|
State Farm | $1011 |
Umialik | $1386 |
Progressive | $1584 |
Allstate | $1779 |
Young Alaska drivers might obtain the best rates with local insurer Umialik after an accident. Because the company does not raise rates after a single accident, the minimal coverage rates we found are $1191 per year or $100 per month.
After an accident, young drivers only pay slightly higher rates. After an accident, annual premiums for an 18-year-old driver increased by 19%.
Companies | Annual rates |
---|---|
Umialik | $1197 |
State Farm | $1527 |
Allstate | $1563 |
Progressive | $3789 |
In Anchorage, Alaska's most populous city, the highest prices are $1710 per year, while the lowest is in Douglas, at $1170 per year. Insurers evaluate where you live, as well as your driving history and credit score when calculating your premiums. Your rates in Alaska can vary by as much as $534 per year, depending on where you live.
City | Annual Rate |
---|---|
Adak | $1,457 |
Akiachak | $1,457 |
Akiak | $1,457 |
Akutan | $1,433 |
Alakanuk | $1,433 |
Aleknagik | $1,445 |
Allakaket | $1,433 |
Ambler | $1,433 |
Anaktuvuk Pass | $1,433 |
Anchor Point | $1,421 |
Anchorage | $1,697 |
Anderson | $1,457 |
Angoon | $1,169 |
Aniak | $1,457 |
Anvik | $1,457 |
Arctic Village | $1,433 |
Atka | $1,457 |
Atqasuk | $1,433 |
Auke Bay | $1,181 |
Badger | $1,481 |
Barrow | $1,445 |
Bear Creek | $1,385 |
Beaver | $1,433 |
Bethel | $1,469 |
Bettles Field | $1,445 |
Big Lake | $1,625 |
Brevig Mission | $1,421 |
Buckland | $1,433 |
Butte | $1,637 |
Cantwell | $1,457 |
Central | $1,433 |
Chalkyitsik | $1,445 |
Chefornak | $1,457 |
Chena Ridge | $1,481 |
Chevak | $1,433 |
Chickaloon | $1,613 |
Chicken | $1,469 |
Chignik | $1,433 |
Chignik Lagoon | $1,433 |
Chignik Lake | $1,433 |
Chistochina | $1,481 |
Chitina | $1,469 |
Chugiak | $1,661 |
Circle | $1,457 |
Clam Gulch | $1,421 |
Clarks Point | $1,445 |
Clear | $1,469 |
Coffman Cove | $1,217 |
Cohoe | $1,397 |
Cold Bay | $1,433 |
College | $1,481 |
Cooper Landing | $1,421 |
Copper Center | $1,481 |
Cordova | $1,433 |
Craig | $1,241 |
Crooked Creek | $1,457 |
Deering | $1,433 |
Delta Junction | $1,457 |
Deltana | $1,457 |
Denali National Park | $1,445 |
Diamond Ridge | $1,397 |
Dillingham | $1,445 |
Douglas | $1,169 |
Dutch Harbor | $1,421 |
Eagle | $1,469 |
Eagle River | $1,649 |
Eek | $1,457 |
Egegik | $1,433 |
Eielson AFB | $1,433 |
Ekwok | $1,457 |
Elfin Cove | $1,181 |
Elim | $1,421 |
Emmonak | $1,457 |
Ester | $1,481 |
Fairbanks | $1,505 |
False Pass | $1,433 |
Farm Loop | $1,637 |
Farmers Loop | $1,493 |
Fishhook | $1,625 |
Fort Greely | $1,457 |
Fort Wainwright | $1,505 |
Fort Yukon | $1,457 |
Fox River | $1,397 |
Fritz Creek | $1,397 |
Funny River | $1,385 |
Gakona | $1,481 |
Galena | $1,433 |
Gambell | $1,421 |
Gateway | $1,637 |
Girdwood | $1,505 |
Glennallen | $1,541 |
Goodnews Bay | $1,457 |
Grayling | $1,457 |
Gustavus | $1,181 |
Haines | $1,181 |
Harding-Birch Lakes | $1,469 |
Healy | $1,445 |
Holy Cross | $1,433 |
Homer | $1,397 |
Hoonah | $1,181 |
Hooper Bay | $1,421 |
Hope | $1,385 |
Houston | $1,577 |
Hughes | $1,433 |
Huslia | $1,433 |
Hydaburg | $1,229 |
Hyder | $1,229 |
Iliamna | $1,409 |
Indian | $1,577 |
Jber | $1,577 |
Juneau | $1,181 |
Kachemak | $1,397 |
Kake | $1,169 |
Kaktovik | $1,433 |
Kalifornsky | $1,373 |
Kalskag | $1,421 |
Kaltag | $1,433 |
Karluk | $1,313 |
Kasigluk | $1,433 |
Kasilof | $1,397 |
Kenai | $1,385 |
Kenny Lake | $1,469 |
Ketchikan | $1,217 |
Kiana | $1,433 |
King Cove | $1,409 |
King Salmon | $1,409 |
Kipnuk | $1,433 |
Kivalina | $1,433 |
Klawock | $1,241 |
Klukwan | $1,181 |
Knik River | $1,637 |
Knik-Fairview | $1,625 |
Kobuk | $1,433 |
Kodiak | $1,325 |
Kodiak Station | $1,313 |
Kongiganak | $1,457 |
Kotlik | $1,433 |
Kotzebue | $1,433 |
Koyuk | $1,421 |
Koyukuk | $1,421 |
Kwethluk | $1,433 |
Kwigillingok | $1,433 |
Lake Minchumina | $1,433 |
Lakes | $1,625 |
Larsen Bay | $1,313 |
Lazy Mountain | $1,637 |
Levelock | $1,409 |
Lower Kalskag | $1,433 |
Manley Hot Springs | $1,445 |
Manokotak | $1,409 |
Marshall | $1,457 |
Mc Grath | $1,433 |
Meadow Lakes | $1,625 |
Mekoryuk | $1,433 |
Metlakatla | $1,241 |
Meyers Chuck | $1,229 |
Minto | $1,445 |
Moose Creek | $1,493 |
Moose Pass | $1,385 |
Mountain Village | $1,433 |
Naknek | $1,409 |
Napakiak | $1,433 |
Nenana | $1,445 |
New Stuyahok | $1,433 |
Newhalen | $1,409 |
Nightmute | $1,445 |
Nikiski | $1,385 |
Nikolai | $1,433 |
Nikolski | $1,433 |
Ninilchik | $1,385 |
Noatak | $1,433 |
Nome | $1,421 |
Nondalton | $1,409 |
Noorvik | $1,433 |
North Pole | $1,481 |
Northway | $1,469 |
Nuiqsut | $1,433 |
Nulato | $1,433 |
Nunam Iqua | $1,433 |
Nunapitchuk | $1,433 |
Old Harbor | $1,313 |
Ouzinkie | $1,313 |
Palmer | $1,637 |
Pedro Bay | $1,409 |
Pelican | $1,169 |
Perryville | $1,409 |
Petersburg | $1,181 |
Pilot Point | $1,409 |
Pilot Station | $1,409 |
Platinum | $1,433 |
Pleasant Valley | $1,493 |
Point Baker | $1,229 |
Point Hope | $1,433 |
Point Lay | $1,433 |
Point MacKenzie | $1,625 |
Port Alexander | $1,181 |
Port Alsworth | $1,409 |
Port Heiden | $1,433 |
Port Lions | $1,337 |
Prudhoe Bay | $1,589 |
Quinhagak | $1,421 |
Rampart | $1,433 |
Red Devil | $1,433 |
Ridgeway | $1,373 |
Ruby | $1,433 |
Russian Mission | $1,433 |
Saint George Island | $1,457 |
Saint Marys | $1,433 |
Saint Michael | $1,421 |
Saint Paul Island | $1,433 |
Salamatof | $1,385 |
Salcha | $1,445 |
Sand Point | $1,409 |
Savoonga | $1,421 |
Saxman | $1,217 |
Scammon Bay | $1,409 |
Selawik | $1,433 |
Seldovia | $1,397 |
Seward | $1,385 |
Shageluk | $1,433 |
Shaktoolik | $1,421 |
Shishmaref | $1,421 |
Shungnak | $1,433 |
Sitka | $1,181 |
Skagway | $1,181 |
Skwentna | $1,493 |
Sleetmute | $1,433 |
Soldotna | $1,385 |
South Naknek | $1,409 |
South Van Horn | $1,517 |
Stebbins | $1,421 |
Steele Creek | $1,517 |
Sterling | $1,385 |
Stevens Village | $1,433 |
Susitna North | $1,433 |
Sutton | $1,613 |
Sutton-Alpine | $1,625 |
Takotna | $1,433 |
Talkeetna | $1,433 |
Tanacross | $1,469 |
Tanaina | $1,625 |
Tanana | $1,445 |
Tatitlek | $1,397 |
Teller | $1,421 |
Tenakee Springs | $1,169 |
Thorne Bay | $1,229 |
Togiak | $1,433 |
Tok | $1,469 |
Toksook Bay | $1,445 |
Trapper Creek | $1,505 |
Tuluksak | $1,445 |
Tuntutuliak | $1,445 |
Tununak | $1,433 |
Two Rivers | $1,493 |
Tyonek | $1,493 |
Unalakleet | $1,421 |
Unalaska | $1,421 |
Valdez | $1,397 |
Venetie | $1,433 |
Wainwright | $1,433 |
Wales | $1,421 |
Ward Cove | $1,217 |
Wasilla | $1,565 |
White Mountain | $1,421 |
Whittier | $1,433 |
Willow | $1,577 |
Womens Bay | $1,313 |
Wrangell | $1,217 |
Yakutat | $1,289 |
Company | Avg. Annual Premium |
---|---|
USAA | $1,998 |
Umialik Insurance | $2,036 |
State Farm | $2,329 |
Progressive | $2,843 |
Allstate | $3,711 |
Year | Avg. Annual Premium - Alaska | Yearly Change - Alaska | Avg. Annual Premium - US | Yearly Change - US |
---|---|---|---|---|
2021 | $1,282 | -$115 | $1,539 | $56 |
2020 | $1,407 | $103 | $1,493 | -$51 |
2019 | $1,314 | $104 | $1,554 | $33 |
2018 | $1,220 | -$576 | $1,531 | $94 |
2017 | $1,806 | $244 | $1,447 | $79 |
2016 | $1,572 | -$23 | $1,378 | $98 |
2015 | $1,895 | $226 | $1,290 | $61 |
2014 | $1,679 | $145 | $1,239 | $44 |
2013 | $1,524 | -$53 | $1,205 | -$70 |
2012 | $1,587 | $333 | $1,286 | $92 |
The expert analysts at Way.com performed an annual survey of the best car insurance companies in Alaska to see which ones have the best coverage, rates, and service. The cheapest car insurance Alaska has for you can vary based on your particular needs and your driver's background.
These are also some tips for finding cheap auto insurance in Alaska that you can use to find the right policy for your needs.
Getting cheap car insurance in Alaska is not a very difficult experience. The auto insurance companies in Alaska offers very low premium. The best car insurance in Alaska might not be the cheapest option for you. Compare quotes from at least three firms to make sure you get a fair offer.
Getting the right discounts can help you get affordable car insurance premiums. Contact your insurance company to determine which ones you qualify for.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
The average cost of auto insurance in Alaska is $500 a year for minimum insurance, with maximum coverage at $1003 per year. This is lower than the national annual average of $641 for minimum automobile insurance and $1255 for full-time auto insurance.
Car insurance in Alaska is costly because the state-mandated liability policy is high to cover the risk of extreme weather and remote areas. In Alaska, car insurance is less costly than the national average, about $1500 a year for maximum coverage and about $600 per year for minimum coverage.
Almost every state needs car insurance to be considered a legal driver. Drivers in Alaska must also have insurance evidence that indicates that they have at least the minimum necessary coverage.
Alaska follows a "fault" system when it comes to financial liability for accidents, vehicle damage, and other damages arising from a car accident.
Cars are very expensive in the state of Alaska.
Many auto insurance companies require the car to be registered and insured in the same state. Many State Departments of Motor Vehicles mandate that the car be registered in the same state represented in their driver's license. Some insurers have unique options for cases like this. It would help if you asked the insurance company how this should be done.
Car insurance varies widely depending on your driver's background, age, gender, vehicle, and a host of other variables. State Farm, and Allstate all have some of the lowest annual rates for drivers, based on their history, credit, and age.
Before you start looking for auto insurance in Alaska, you will need to know your driving background (accidents and tickets), your vehicle requirements, and your credit score. Companies you're negotiating with to get insurance will be able to access a lot of this information, so understanding it ahead of time will help you understand the type of coverage you need and the premium cost you're likely to receive.
In Alaska, you must have a liability insurance policy that protects $50000/$100000 for personal harm and death and $25,000 for property damages.
The best auto insurance in Alaska is provided by The Hartford, Allstate and State Farm. These companies offer high average premiums and significant discounts.
Access your digital insurance card through the app. You no longer need to carry your physical insurance card with you.
Receive reminders before your renewal. Way.com will also send new quotes from up to 45 insurance companies with your renewal reminder.
Keep everyone on your policy up to date by sharing your insurance information.
Make changes to your policy right from the app (coming soon) and ask for expert advice.