- According to recent data, GEICO offers the cheapest full coverage car insurance in Alaska at $111 per month.
- Alaska drivers with a clean driving record pay 31% less for car insurance than drivers with a DUI.
- In Alaska, the city of Ketchikan has the most affordable car insurance rates at $1,386 annually.
- Comparing price quotes from multiple insurers can help you save up to 21% per year on your car insurance policy in Alaska.
The cheapest full coverage car insurance in Alaska is $111, saving you $29 compared to the average cost of insurance in the state, which is around $140 per month.
CarInsurance.com has done the homework for you. We analyzed rates from various auto insurance companies in Alaska, such as Geico, Progressive, State Farm and more, so you can effortlessly compare their rates to find the most affordable option.
“Drivers looking to get the cheapest insurance premiums in Alaska should maintain continuous coverage and avoid any lapse. When it comes to shopping for a new insurance company, discounts may be applied if the drivers have maintained continuous coverage, which will help lower the annual premium,” says Lauren Mckenzie, senior insurance agent, A Plus Insurance.
Which company offers the cheapest car insurance in Alaska?
GEICO offers the cheapest car insurance rates in Alaska for a full coverage policy with an average premium of $111 per month or around $1,338 per year, based on CarInsurance.com’s rate analysis.
A full coverage policy includes liability insurance, which is required by law in most states and optional coverage such as comprehensive and collision insurance, which typically have a deductible.
The below table shows the cheapest quotes in Alaska by different insurance carriers for a full coverage policy.
Cheapest car insurance rates in Alaska per month
| Company | Full coverage monthly rates |
|---|---|
| GEICO | $111 |
| State Farm | $143 |
| Progressive | $145 |
| Western National Mutual | $165 |
| Allstate | $176 |
| USAA* | $97 |
Note: USAA is only available to military community members and their families.
Who pays a lower insurance premium in Alaska?
Car insurance quotes vary based on several factors such as your age, location, driving record, credit score, driving habits and vehicle. Some insurance companies may offer cheaper policies for certain types of drivers than others. For instance:
- Married drivers pay 9% less than single drivers.
- Alaska drivers with clean records pay 31% less than drivers who have a DUI on their records.
- Alaska drivers in their 20s pay 57% lower rates for insurance than a 16-year-old in Alaska.
- Adding a teen to your policy will cost you 69% less than having the teen purchase their own auto insurance policy.
- Drivers who are licensed for three or more years pay 28% less on their insurance premiums.
- Drivers insured for three or more years can save up to 15% on their insurance costs.
Cheapest companies for different coverage levels in Alaska
It’s no secret that car insurance quotes vary drastically from person to person and from company to company. Your car insurance premiums will also vary depending on the coverage level you choose, your driving history and other factors.
In addition to full coverage, there are also liability-only and state minimum policies. Unlike full coverage, liability-only and state minimum policies only cover damage to another driver’s bodily injury and property damage in the event of an accident.
Not all insurers offer the same coverage limits at the same price point. For instance:
- Allstate is the cheapest for a state minimum policy.
- Allstate has the cheapest rates for a liability-only policy (50/100/50).
- GEICO offers the cheapest car insurance for a full coverage policy (100/300/100) in Alaska.
The numbers above (100/300/100) represent coverage of up to $100,000 per person for medical bills with a $300,000 cap per accident, as well as up to $100,000 for property damage.
Cheapest companies for state minimum coverage in Alaska
Alaska requires all drivers to carry a minimum amount of car insurance, known as the state’s minimum coverage requirements. It means that your policy must include at least:
| Minimum coverage | Minimum limit |
|---|---|
| Minimum bodily injury liability | $50,000/$100,000 |
| Minimum property damage liability | $25,000 |
Read more about the minimum liability car insurance requirements by state
Below are the average annual rates from major insurance companies in Alaska, ranked from cheapest to the most expensive for the state minimum coverage.
| Company | State minimum annual rates |
|---|---|
| Allstate | $324 |
| State Farm | $376 |
| Western National Mutual | $381 |
| GEICO | $384 |
| Progressive | $672 |
| USAA* | $251 |
Note: USAA is only available to military community members and their families.
Cheapest liability-only coverage in Alaska
Your liability-only coverage will cover the cost of property damage or bodily injury you cause in an accident, up to the policy limits.
Below, you’ll see average annual rates for major insurance providers in Alaska, ranked from cheapest to most expensive for liability insurance coverage. The coverage limit for the below-mentioned rates is $50,000 for bodily injury per person, $100,000 for bodily injury per accident and $50,000 for property damage.
| Company | Liability only annual rates |
|---|---|
| Allstate | $405 |
| State Farm | $461 |
| GEICO | $477 |
| Western National Mutual | $503 |
| Progressive | $865 |
| USAA* | $335 |
Note: USAA is only available to military community members and their families.
Cheapest full coverage car insurance in Alaska
A full-coverage car insurance policy typically includes comprehensive and collision coverage, offering protection against accidents, theft, vandalism and damage from natural disasters.
In an ideal scenario, having full coverage means having a policy that aligns with your income, assets and risk profile. Lenders typically mandate full coverage for individuals financing their vehicles.
The following table lists the average annual rates of major insurance companies in Alaska from the cheapest to the most expensive. These rates are for a full coverage policy with limits of $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage.
| Company | Full coverage annual rates |
|---|---|
| GEICO | $1,338 |
| State Farm | $1,713 |
| Progressive | $1,742 |
| Western National Mutual | $1,984 |
| Allstate | $2,114 |
| USAA* | $1,166 |
Note: USAA is only available to military community members and their families.
Learn more about who has the cheapest full coverage auto insurance
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Cheapest car insurance in Alaska by driving history
In Alaska, driving history significantly impacts car insurance costs. Insurance companies use this information to evaluate the risk of insuring a driver. Drivers with clean records pose less risk, leading to lower premiums.
Insurance companies consider traffic violations like speeding tickets, DUIs and at-fault accidents as indicators of risky driving behavior. So, they charge higher premiums to drivers with these violations on their record.
In Alaska, drivers with a history of such violations typically pay $503 more annually than drivers with clean records.
Cheap car insurance in Alaska after a speeding ticket
If you have a speeding ticket on your Alaska driving record and you are looking for cheap car insurance, State Farm offers the cheapest full-coverage auto insurance for drivers with a speeding ticket, with an average rate of $1,372 per year.
| Company | Rates before speeding | After speeding (1-29 mph over limit) | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,262 | $1,372 | 9% | $109 |
| Progressive | $1,159 | $1,465 | 26% | $306 |
| GEICO | $1,135 | $2,064 | 82% | $929 |
| Allstate | $1,881 | $2,218 | 18% | $337 |
| USAA* | $1,002 | $1,292 | 29% | $290 |
Note: USAA is only available to military community members and their families.
Cheap car insurance rates after a DUI conviction in Alaska
CarInsurance.com analyzed insurance rates for Alaska drivers with DUI convictions and we found that Progressive provides the cheapest car insurance rates at an average annual premium of $1,362. State Farm is the second-cheapest insurer at an average of $1,372 per year.
A DUI can significantly impact your car insurance costs. On average, drivers with clean records pay 31% less than drivers with a DUI on their record.
| Company | Rates before DUI | Rates after a DUI | % difference | $ difference |
|---|---|---|---|---|
| Progressive | $1,159 | $1,362 | 18% | $203 |
| State Farm | $1,262 | $1,372 | 9% | $109 |
| GEICO | $1,135 | $2,077 | 83% | $942 |
| Allstate | $1,881 | $2,604 | 38% | $723 |
| USAA* | $1,002 | $1,852 | 85% | $851 |
Note: USAA is only available to military community members and their families.
Cheap car insurance rates after an at-fault accident in Alaska
State Farm is the cheapest car insurance company for drivers with a history of at-fault accidents with an annual premium of $1,480.
GEICO is the second most affordable option, providing full-coverage car insurance with an average annual premium of $1,815.
If you’re found at fault in an accident, it can significantly raise your insurance premiums. Insurance companies view at-fault incidents as a sign of higher risk, leading to higher costs for coverage.
| Company | Rates before accident | Rates after accident | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,262 | $1,480 | 17% | $218 |
| GEICO | $1,135 | $1,815 | 60% | $680 |
| Progressive | $1,159 | $1,872 | 61% | $713 |
| Allstate | $1,881 | $2,731 | 45% | $850 |
| USAA* | $1,002 | $1,500 | 50% | $499 |
Note: USAA is only available to military community members and their families.
Check out the most affordable insurance options in your neighboring state
Which cities in Alaska have the lowest auto insurance rates?
Your car insurance company sets your rates based on many factors. One of the most important is where you live. Companies look at the number and cost of car insurance claims in your area to determine how risky it is to insure you.
The city with the lowest auto insurance rates in Alaska is Ketchikan, at $1,386 per year.
Insurance companies use data about thefts, collisions and vandalism to decide how likely it is for one of these things to happen in your city. Insurers also consider your driving record, the type of car you drive and your car’s age to determine your premiums.
Below is a list of cities in Alaska with the lowest auto insurance rates.
| City | Full coverage annual rates |
|---|---|
| Ketchikan | $1,386 |
| Douglas | $1,392 |
| Coffman Cove | $1,396 |
| Ward Cove | $1,396 |
| Juneau | $1,405 |
| Wrangell | $1,405 |
| Angoon | $1,406 |
| Meyers Chuck | $1,410 |
| Point Baker | $1,411 |
| Thorne Bay | $1,411 |
A detailed guide on the 10 most important factors that influence car insurance rates
How much can you save on car insurance in Alaska?
By comparing car insurance quotes, you can save an average of 21% per year for a full coverage policy in Alaska.
While savings will depend upon individual circumstances, there are still significant benefits associated with comparison shopping and getting exactly what you need at an affordable price.
Car insurance discounts in Alaska: Save on premiums
Alaska drivers can lower their car insurance costs by taking advantage of discounts. Insurance companies give discounts to drivers who drive safely, have safety features in their cars and bundle insurance policies.
Compare prices and coverage from different insurance companies to get the best deal and discounts for your specific needs.
Below, find common auto insurance discounts available in Alaska.
| Discount type | % difference | $ difference |
|---|---|---|
| Anti-theft device | 2% | $26 |
| Daily commute | 6% | $134 |
| Days advanced purchase | 7% | $180 |
| Education | 2% | $39 |
| Electronic funds transfer | 5% | $104 |
| Electronic signature | 8% | $169 |
| Homeowner | 3% | $65 |
| Lower annual mileage | 5% | $78 |
| Loyalty – years renewal with company | 9% | $155 |
| Marital status | 9% | $181 |
| Multi policy | 8% | $165 |
| Paperless/electornic documents | 1% | $18 |
| Payment type | 13% | $300 |
| Primary use | 14% | $241 |
| Safety devices | 4% | $78 |
| Telematics | 10% | $203 |
| Years insured | 14% | $344 |
| Years licensed | 25% | $674 |
The bottom line on cheap car insurance in Alaska
Based on our research, if you are a good driver, GEICO is the cheapest in Alaska for a full coverage policy.
We know that finding the best and cheapest auto insurance coverage is essential, but so is getting the right amount of protection.
The best way to find affordable car insurance in Alaska is to know and understand the coverage you need, compare quotes, apply for discounts and maintain a clean driving record. Even if you have tickets or accidents, it’s still possible that the company will offer you a policy at affordable rates.
Resources & Methodology
Methodology
CarInsurance.com commissioned Quadrant Information Services to field rates in 2023 from all the major insurers in nearly every ZIP code of Alaska for three different coverage levels:
- Full coverage policy with limits 100/300/100, including comprehensive and collision coverage and a $500 deductible.
- Liability-only with limits 50/100/50.
- State-minimum car insurance limits of 50/100/25.
The rates are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a clean driving record and a good credit score. We have compared 53,409,632 car insurance quotes from 75 company groups across 34,588 ZIP Codes.
Violations:
Car insurance rates are calculated by evaluating the sample profile of a 40-year-old driver for a full coverage policy with limits 100/300/100, including comprehensive and collision coverage, and a $500 deductible, with the following incidents applied: clean record, at-fault accident, DUI conviction and speeding ticket.
Discounts:
Car insurance discount rates are for a full coverage policy with limits of 100/300/50 and a $500 comprehensive and collision deductible based on the sample profile of a 40-year-old male driver. To gather the data, our data experts compared 2,677,890 insurance quotes across various ZIP Codes.
The rates are for comparison purposes only and your exact rates may vary.
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