Cheapest Car Insurance Quotes in Cold Bay

Finding the cheapest car insurance quotes in Cold Bay shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.

Enter your zip code to get personalized rates.

Featured in

399,755 Policies Sold

Cold Bay Car Insurance

^$ 29

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. 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.

Table of Contents

How Much Is Car Insurance in Cold Bay

The car insurance rate in Cold Bay is $1006 for a six-month policy, which is $21 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $838, making it a popular choice for budget-conscious drivers. Rates in Cold Bay can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Cold Bay

$1006

Avg. Car Insurance in Alaska

$1027

National Average

$1140

Cheapest Car Insurance Companies in Cold Bay

1st place: Progressive

At $838 for a six month policy, Progressive offers the cheapest auto insurance rates in the city.

2nd place: USAA

USAA offers auto insurance rates at $891 for a six-month policy, making it one of the cheapest to insure with.

3rd place: State Farm

State Farm offers auto insurance rates at $966 for six months, making it the third cheapest auto insurance company in Cold Bay.

Cold Bay Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Cold Bay, AK is Progressive, offering policies at just $838 for a six-month term. This is followed by USAA, which has an average six-month premium of $891.

At the higher end of the spectrum, Western National is the most expensive, with rates reaching $728 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Cold Bay drivers find the best deals.

Cheap Car Insurance Companies in Cold Bay, AK

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$838	$141
USAA	$891	$150
State Farm	$966	$163
Umialik	$1152	$194
Allstate	$1467	$250
Western National	$728	$122

Key Takeaways

Way's key takeaways about car insurance in Cold Bay

The auto insurance costs in Cold Bay fall around $838 for six months.
The cheapest auto insurance company in Cold Bay is USAA.
Teen drivers pay the highest rate in Cold Bay at $92 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Cold Bay

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Cold Bay are given below.

USAA provides the cheapest minimum car insurance coverage in Cold Bay. Their Average 6 Month Premium is $174. Western National is the most expensive at $256 for the same period.

Cheapest Liability Coverage in Cold Bay, AK

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
USAA	$174	$29
Progressive	$256	$43
State Farm	$279	$47
Allstate	$291	$49
Umialik	$291	$49
Western National	$256	$43

Cheapest Full Coverage Car Insurance in Cold Bay

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Cold Bay is Progressive at $141 per month and $838 for six months.

Cheapest Full Coverage Car Insurance Quotes in Cold Bay, AK

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Progressive	$838	$141
USAA	$891	$150
State Farm	$966	$163
Umialik	$1152	$194
Allstate	$1467	$250
Western National	$728	$122

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Cold Bay Instantly!

Average Car Insurance in Cold Bay by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Cold Bay, AK increasing?

Despite maintaining a clean driving record, your car insurance rates in Cold Bay, Alaska, may be increasing due to several external factors. Alaska has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Cold Bay's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Cold Bay

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	USAA	$603
30s	USAA	$456
40s	USAA	$421
50s	USAA	$397
60s	USAA	$412
70s	USAA	$505

Cheapest Car Insurance Rates for Teen Drivers in Cold Bay,AK

If you are planning to get a car insurance policy for your teenage dependent, State Farm provides the cheapest car insurance in the Cold Bay at $203 per month. At $541 for a six-month premium, Western National offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
State Farm	$1205	$203
USAA	$1392	$232
Umialik	$2212	$376
Progressive	$2241	$377
Allstate	$2380	$405
Western National	$541	$92

Teen Car Insurance Rates in AK by Age

Way Tip

If you are in your twenties USAA is the best choice for car insurance in Cold Bay.

As young drivers face the highest rates in Cold Bay, USAA offers the cheapest auto insurance rates at $603 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Cold Bay, Allstate is the cheapest car insurance provider. At $786 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Cold Bay is Western National, offering rates of around $576 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Allstate	$786	$132
Progressive	$931	$157
Umialik	$949	$160
USAA	$1065	$181
State Farm	$2491	$416
Western National	$576	$96

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Cold Bay.

Car Insurance Rates with An Accident in Cold Bay

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Cold Bay, AK, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Cold Bay

The cheapest car insurance companies after an at-fault accident in Cold Bay include State Farm and Umialik, offering $489 and $518, respectively. Western National is an expensive provider with an average six-month premium of $256.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
State Farm	$489	$82
Umialik	$518	$87
USAA	$588	$99
Allstate	$914	$154
Progressive	$984	$166
Western National	$256	$43

Cold Bay Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Cold Bay AK. For example, the car insurance in Cold Bay after a DUI increases to $495 for a six month policy. While the rate increases by $187 for a six-month policy in the case of a speeding ticket.

Cold Bay auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1024	$171
Not-at-fault accident	$1030	$175
One comp claim	$1030	$172
One Med/PIP claim	$1030	$175
Two comp claims	$1030	$172
Two Med/PIP claims	$1030	$175
Failure to show documents	$1117	$186
At-fault accident - less than $1000	$1152	$196
Failure to wear a seat belt	$1176	$196
Child safety restraint	$1188	$202
Driving without lights	$1188	$198
Cell phone violation	$1211	$206
Driving too slowly	$1211	$202
In 65 MPH zone	$1211	$206
Speeding 11 - 15 MPH over limit	$1211	$202
Speeding 16 - 20 MPH over limit	$1211	$206
Speeding 6 - 10 MPH over limit	$1211	$202
Speeding in school zone	$1211	$206
Texting while driving	$1211	$202
Driving with expired registration	$1228	$209
Failure to stop at a red light	$1228	$205
Failure to yield	$1228	$209
Following too closely	$1228	$205
Illegal turn	$1228	$209
Improper passing	$1228	$205
Wrong way/wrong lane	$1228	$209
Speeding 21 - 25 MPH over limit	$1251	$209
Passing school bus	$1263	$215
Operating a vehicle without permission	$1275	$213
Open container	$1374	$233
At-fault accident - $1000-$2000	$1397	$233
At-fault accident - greater than $2000	$1397	$237
Driving with a suspended license	$1455	$243
Refusal to submit to a chemical test	$1461	$249
Reckless driving	$1496	$249
DUI	$1519	$259
Racing	$1601	$267
Leaving scene of an accident/hit and run	$1606	$273

Your Wallet Deserves Better. Seriously.

Get smarter car insurance rates in minutes today!

Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Cold Bay after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Cold Bay.

The cheapest car insurance premiums in Cold Bay are offered by Umialik at $675 for a six-month policy. However, it can be as expensive as $256 with companies like Western National.

Cold Bay car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Umialik	$675	$114
Progressive	$955	$161
State Farm	$1152	$194
USAA	$1246	$210
Allstate	$1694	$285
Western National	$256	$43

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Cold Bay are offered by Umialik at $530. However, it can be as expensive as $256 with companies like Western National for a similar six-month premium.

Cheapest Car Insurance in Cold Bay after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Umialik	$530	$89
State Farm	$687	$116
USAA	$728	$122
Allstate	$996	$170
Progressive	$1002	$169
Western National	$256	$43

Car Insurance Price Trends in Cold Bay, Alaska

Car insurance rates in Cold Bay have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Cold Bay rose by $179 in December compared to $174 of November. In other words, there has been an increase by $5 when you compare December and November.

The average cost of liability insurance in the Cold Bay rose to $42 in December, compared to $40 in November. This represents an increase of $2 when comparing December and November.

Our Insurance Agent Experts

Wilson Mathew Nechikat

Principal

View Profile

Anthony Luu

Senior Director of Insurance Operations

View Profile

Ezra Peterson

Senior Director of Insurance

View Profile

Danny Herrera

Head of Commercial Insurance

View Profile

Frequently Asked Questions

How much is car insurance in Cold Bay?

The car insurance in Cold Bay is $29 per month, which is lower than the national average.

What is the cheapest car insurance in Cold Bay?

The cheapest car insurance in Cold Bay is $141 per month for full coverage.

How much is car insurance in Cold Bay for teenagers?

Car insurance for teenagers costs $1205 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Cold Bay?

The average cost of car insurance is $1027 for a six-month policy. It will cost around $170 per month to insure your car in Cold Bay.

Is car insurance expensive in Cold Bay?

Car insurance can be expensive in Cold Bay if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Cold Bay can be affordable.

What is the best car insurance in Cold Bay, AK?

The best car insurance company in Cold Bay AK is Progressive, offering $838 for a six-month policy.