You can find the cheapest full-coverage car insurance in Alaska for $111 a month from Geico. It saves you $29 compared to the state average car insurance cost of $140 monthly.
Shopping for car insurance in Alaska can be a hassle, but CarInsurance.com is here to help. We have analyzed quotes from top car insurance companies, such as Geico, Progressive and State Farm so you can see who offers the best deals.
“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.
- Geico has the cheapest car insurance rates in Alaska for full coverage at $111 a month among the companies analyzed by the team of CarInsurance.com.
- In Alaska, drivers with clean driving records pay 31% less than drivers with a DUI.
- The city of Ketchikan has the lowest auto insurance rates in Alaska, with an average premium of $1,386 per year.
- You can save up to 21% per year on your car insurance policy in Alaska by comparing price quotes from multiple insurers.
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 the lowest auto insurance premiums in Alaska?
The cost of car insurance can vary greatly depending on your age, location, driving record, credit score, driving habits and vehicle type. However, some insurers may offer you more affordable rates than others based on your situation.
- Married drivers pay 9% less than single drivers.
- Alaska drivers with clean records pay 31% less than drivers who have a DUI on their record.
- 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
In Alaska, all drivers must have a certain amount of car insurance, also called the state’s minimum coverage requirements. You must purchase the minimum coverage limits listed below. Keep in mind that minimums are merely that – the minimum. Most drivers need more insurance to be protected in case of a costly accident.
| 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
The following table lists Alaska’s major insurance providers, ranked by their average annual state minimum coverage rates, from cheapest to most expensive.
| 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
Cheapest auto insurance in Alaska by driving history
Your driving history impacts insurance premiums in Alaska, as insurance companies use this factor to assess the risks associated with providing coverage for a driver.
A clean driving record is the key to affordable car insurance. Traffic violations like speeding, DUIs and at-fault accidents can significantly increase your insurance premiums – insurers consider drivers with these violations on their records risky.
In Alaska, drivers with a history of traffic violation pay an average of $503 more per year than those with a clean record. Choose responsible driving habits to save money and protect yourself and others on the road.
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.
Cheapest car insurance in Alaska after a DUI conviction
Progressive offers the cheapest car insurance to Alaska drivers with a DUI conviction at $1,362 per year and State Farm has the second-cheapest insurance premiums at $1,372 a year, based on recent data.
Drivers with clean driving records can expect to pay an average of 31% less than those with a history of DUI.
| 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 companies in Alaska after an at-fault accident
The car insurance company with the cheapest driver rates after an at-fault accident is State Farm, at $1,480 a year.
On the other hand, Geico offers the second-cheapest full-coverage car insurance rates for drivers with a history of at-fault accidents at an average annual premium of $1,815.
When you are responsible for an accident, it can have a significant impact on your insurance premiums. Insurance companies generally consider at-fault accidents an indicator of increased risk, which leads to increased premiums.
| 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
Alaska cities with the lowest auto insurance rates
Where you live significantly impacts your car insurance cost. Insurance companies consider the number and cost of claims in your area to determine the risk of insuring vehicles. Areas with higher accident risks or theft rates tend to have higher premiums to compensate for the increased risk.
Ketchikan is the city with the lowest premiums in Alaska at an annual auto insurance rate of $1,386.
Insurance providers rely on statistical data regarding thefts, collisions and vandalism to analyze the likelihood of such incidents occurring in a particular area. Besides driving history, your car model and age play a significant role in determining your insurance premiums.
Find below a list of Alaska cities with the lowest car 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 |
Explore the top 10 factors that influence car insurance rates
Average savings on car insurance in Alaska
If you compare car insurance quotes, you could enjoy an annual saving of around 21% on a full coverage policy in Alaska.
While the actual savings may differ for each person, comparing price quotes before buying a policy can help you find affordable insurance.
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 auto insurance in Alaska
Based on our findings, Geico provides the cheapest rates for a full coverage policy in Alaska if you have a good driving record.
It’s important to find the cheapest auto insurance and ensure you have the right amount of protection for your needs.
To get affordable car insurance in Alaska, figure out the coverage you require, compare quotes from different companies, look for discounts and keep a good driving record.
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.
Get advice from an experienced insurance professional. Our experts will help you navigate your insurance questions with clarity and confidence.
Browse all FAQs