Cheapest Car Insurance In Alaska For 2024
Progressive stands out with its trustworthy and competitively priced minimum auto insurance in Alaska, priced at $40 each month.
We’ve saved shoppers an average of $600 per year on their car insurance.
Finding affordable car insurance in Alaska might seem like a challenge, but it doesn’t have to be. Progressive is a trusted insurance provider, known for its competitive prices and coverage options that range from basic to full protection. With the cost of living rising, finding the right insurance at a fair price is crucial.
Whether you’re just starting to drive, a frequent commuter, or a family hoping to save on premiums, understanding what affects rates and knowing where to find the best offers can make a big difference. Based on over ten years of studying car insurance, I’ve designed this guide to help you understand the market.
Cheapest Car Insurance Companies In Alaska
Our Methodology
My investigation into car insurance involved a systematic approach to studying different providers and their policies. Initially, I focused on key aspects like coverage choices, pricing, customer satisfaction, and financial stability. I gathered data from trustworthy sources such as insurer websites, consumer reviews, and industry reports. After collecting the data, I categorized it and evaluated each insurer based on predefined criteria. This included comparing coverage options, premium rates, discounts, and customer feedback to assess the strengths and weaknesses of each provider.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Car Insurance In Alaska For Full Coverage
In Alaska, State Farm’s full coverage car insurance is the most affordable choice, with typical monthly payments as low as $82.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Progressive |
$114 |
$1,366 |
|
$82 |
$982 |
|
|
Umialik |
$90 |
$1,078 |
|
Allstate |
$85 |
$1,018 |
|
GEICO |
$96 |
$1,150 |
Alaska motorists can choose full coverage car insurance, which not only meets the state’s liability insurance requirements but also includes options like collision and comprehensive coverage. Collision coverage pays for car repairs after an accident, regardless of fault, while comprehensive coverage protects against non-accident-related incidents such as theft or fire.
This comprehensive insurance provides financial security and reassurance, preparing drivers for a range of potential risks. It’s crucial to review policy details, including coverage limits and deductibles, to ensure they provide adequate protection.
Cheapest Car Insurance In Alaska For Young Drivers
In Alaska, young adult drivers often secure lower car insurance rates than teenagers. As they gain experience, they tend to drive more safely, which reduces accidents and claims. Insurers take these behaviors into account, providing young adults with reduced premiums due to their improved safety.
Cheapest Alaska Car Insurance For 16-Year-Olds
Western National has the lowest rates available for sixteen-year-olds, with a typical monthly fee of $448.
| Provider | Average Monthly Cost | Average Annual Cost |
| Western National | $448 | $5,374 |
| GEICO | $467 | $5,602 |
| State Farm | $649 | $7,786 |
| Progressive | $570 | $6,838 |
| Allstate | $670 | $8,038 |
Cheapest Alaska Car Insurance For 17-Year-Olds
If you’re seventeen, USAA provides the cheapest insurance rates, averaging about $416 annually.
| Provider | Average Monthly Cost | Average Annual Cost |
| Geico | $442 | $5,294 |
| Progressive | $542 | $6,499 |
| Allstate | $545 | $6,541 |
| USAA | $416 | $4,990 |
| Western National | $428 | $5,130 |
Cheapest Alaska Car Insurance For 18-Year-Olds
If you’re 18, USAA has the lowest insurance rates, usually around $367 a month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Western National | $448 | $5,375 |
| Allstate | $514 | $6,164 |
| State Farm | $572 | $6,859 |
| USAA | $367 | $4,395 |
| Geico | $375 | $4,500 |
Cheapest Alaska Car Insurance For 21-Year-Olds
For 21-year-olds, Geico stands out as the most affordable option, with premiums averaging $176 monthly.
| Provider | Average Monthly Cost | Average Annual Cost |
| Allstate | $338 | $4,056 |
| Western National | $379 | $4,540 |
| Progressive | $390 | $4,673 |
| Geico | $176 | $2,905 |
| USAA | $213 | $2,552 |
Cheapest Car Insurance In Alaska For Minimum Coverage
Progressive provides highly competitive rates for minimum car insurance in Alaska, averaging only $40 a month.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Umialik |
$45 |
$538 |
|
State Farm |
$42 |
$501 |
|
Progressive |
$40 |
$478 |
|
Allstate |
$45 |
$538 |
|
GEICO |
$43 |
$514 |
Alaska mandates that drivers carry minimum car insurance to drive legally, which usually includes liability coverage for bodily injury and property damage. Bodily injury liability covers medical bills and legal fees if you cause an accident that injures others, while property damage liability pays for repairs or replacements of others’ property or vehicles you damage. These coverage minimums are determined by state law and may vary based on your driving history or vehicle type. Understanding these rules is essential for ensuring proper financial protection.
Cheapest Car Insurance In Alaska For Drivers With Poor Credit
Allstate is recognized in Alaska for offering the lowest insurance costs to drivers who have poor credit, with an average monthly rate of $105.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Progressive |
$162 |
$1,942 |
|
Umialik |
$172 |
$2,062 |
|
Allstate |
$105 |
$1,258 |
|
State Farm |
$173 |
$2,074 |
|
GEICO |
$172 |
$2,062 |
In Alaska, car insurance rates hinge greatly on credit scores. Lower scores often mean higher premiums since insurers use credit histories to measure risk. Drivers with poor credit are viewed as more likely to make claims. Despite potential challenges, they can still shop around for quotes and look for discounts to cut down on insurance costs.
Cheapest Car Insurance In Alaska For Seniors
In Alaska, GEICO presents seniors with an affordable option, averaging $75 monthly.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Progressive |
$122 |
$1,462 |
|
GEICO |
$75 |
$898 |
|
State Farm |
$79 |
$946 |
|
Allstate |
$100 |
$1,198 |
|
Umialik |
$87 |
$1,042 |
Senior drivers can benefit from lower car insurance rates since they are often regarded as experienced and careful drivers. Because many seniors drive fewer miles, their accident risk is reduced. Insurers may offer discounts for older drivers based on age and driving behavior, with more savings available for completing a defensive driving course focused on safety.
Cheapest Car Insurance In Alaska For Drivers With Prior Incidents
Getting affordable car insurance in Alaska can be tough for individuals with a history of accidents, speeding tickets, or DUIs. Insurers consider them high-risk and charge higher premiums to offset potential claims. This issue is exacerbated in Alaska due to its high frequency of traffic incidents. Insurance companies base their pricing strategies on statistical analyses linking past driving incidents to increased likelihood of future claims.
Cheapest Car Insurance In Alaska After A Speeding Ticket
If you’ve got speeding tickets, State Farm is your budget-friendly choice, with average premiums starting at only $120.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $123 | $1,472 |
| Allstate | $175 | $2,099 |
| State Farm | $120 | $1,438 |
| Progressive | $218 | $2,620 |
| Umialik | $136 | $1,630 |
Cheapest Car Insurance In Alaska After An At-Fault Accident
If you have speeding tickets, State Farm provides the best value with average premiums as low as $130.
| Provider | Average Monthly Cost | Average Annual Cost |
| Umialik | $140 | $1,678 |
| Progressive | $240 | $2,878 |
| Allstate | $242 | $2,902 |
| State Farm | $130 | $1,558 |
| GEICO | $180 | $2,158 |
Cheapest Car Insurance In Alaska For Drivers After A DUI
Umialik offers the most affordable insurance option, averaging $130 for drivers who have been convicted of DUI
| Provider | Average Monthly Cost | Average Annual Cost |
| Allstate | $227 | $2,722 |
| GEICO | $212 | $2,542 |
| Progressive | $200 | $2,398 |
| Umialik | $130 | $1,558 |
| USAA | $160 | $1,918 |
Cheapest Car Insurance In Alaska For Good Drivers
In Alaska, State Farm has the most affordable rates for safe drivers, costing around $82 each month on average.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Progressive |
$114 |
$1,366 |
|
State Farm |
$82 |
$982 |
|
Umialik |
$90 |
$1,078 |
|
Allstate |
$85 |
$1,018 |
|
GEICO |
$96 |
$1,150 |
Car insurance costs in Alaska vary for safe drivers depending on factors such as their driving record, age, and desired coverage. Typically, individuals with clean driving histories may qualify for lower premiums because insurers perceive them as less risky. They may also be eligible for discounts for maintaining a good driving record over time. Safe drivers should consider comparing quotes from multiple insurers to find competitive rates and coverage options that match their needs.
Average Cost Of Auto Insurance In Alaska – By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $587 | $7,035 |
| 17 | $496 | $5,953 |
| 18 | $467 | $5,604 |
| 19 | $414 | $4,967 |
| 21 | $317 | $3,803 |
| 25 | $215 | $2,573 |
| 35 | $178 | $2,136 |
| 45 | $175 | $2,091 |
| 55 | $161 | $1,926 |
| 65 | $169 | $2,026 |
| 75 | $205 | $2,452 |
Average Cost Of Car Insurance In Alaska – By Gender & Marital Status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $1,592 |
| Male | Single | $1,680 |
| Female | Married | $1,710 |
| Male | Married | $1,798 |
Average Cost Of Auto Insurance In Alaska – By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $140 | $1,678 |
| Good | $145 | $1,738 |
| Poor | $190 | $2,278 |
Cheapest Car Insurance In Alaska By City
| City | Average Monthly Cost | Average Annual Cost |
| Valdez | $116 | $1,390 |
| Nome | $117 | $1,402 |
| Homer | $118 | $1,414 |
| Cordova | $125 | $1,498 |
| College | $126 | $1,510 |
Minimum Car Insurance Requirement In Alaska
In Alaska, all drivers are required to carry at least the minimum levels of car insurance, which includes liability coverage for bodily injury and property damage, typically at 50/100/25: $50,000 per injured person, $100,000 per accident, and $25,000 for property damage. The law also mandates uninsured/underinsured motorist coverage at $50,000 per person and $100,000 per accident. Personal Injury Protection (PIP) is required as well, helping with medical bills and lost wages. Alternatively, drivers can opt for Health Insurance Primary (HIP) if their health insurance plan qualifies.
Car Insurance Discounts In Alaska
Car insurance discounts are an easy way to save, and your agent may find additional options. Here’s a list of common discounts:
- Safe Driver Discount: Offered to drivers with no accidents or tickets.
- Multi-Vehicle Discount: Insuring more than one car under the same policy can save you money.
- Bundling Discount: Combining car insurance with policies like homeowners can lower your premium.
- Good Student Discount: Students with high grades may qualify for reduced rates.
- Defensive Driving Discount: Taking a defensive driving course can result in lower premiums.
FAQs
How much is car insurance a month in Alaska?
Monthly car insurance costs in Alaska can fluctuate, depending on factors such as age, driving background, and selected coverage.
What is the minimum car insurance one must have in Alaska?
Alaska drivers are obligated to possess auto insurance that covers liability for bodily harm and property destruction, plus mandatory Personal Injury Protection (PIP).
Which insurance is better in Alaska?
Finding the right insurance in Alaska varies based on individual preferences, driving style, and coverage needs. It’s wise to review quotes from several providers to find the best fit.
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