- 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.
Car insurance companies with cheap car insurance in Alaska
GEICO has the cheapest full coverage car insurance in Alaska, at an average premium of $111 per month or around $1,338 per year, based on CarInsurance.com data.
A full-coverage auto insurance policy typically includes liability coverage, which is mandated by most states and optional coverages such as comprehensive and collision insurance, which have a deductible.
The table below provides the cheapest full coverage insurance quotes in Alaska. We’ve gathered rates from different insurance companies to help you find the most affordable option.
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 state minimum coverage in Alaska
State laws require all drivers to maintain a minimum level of car insurance coverage, also known as the state’s minimum coverage requirements. In Alaska, you must have at least the following insurance coverage on your car.
| 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, you’ll see average annual rates for major insurance providers in Alaska, ranked from cheapest to most expensive for 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 Alaska insurance companies for liability-only coverage
If you cause an accident, your liability insurance will pay for the medical bills and property damage of others involved, up to the policy limits.
In the table below, see the average annual rates from Alaska’s top insurers for liability insurance, ranked from cheapest to most expensive. Coverage limits are $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 rates in Alaska after a speeding ticket
A speeding ticket can impact your Alaska car insurance rates, but finding affordable options is still possible. Among the carriers analyzed, State Farm has the cheapest car insurance premiums for individuals with a speeding ticket at an average cost of $1,372 a 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 premiums in Alaska after a DUI conviction
Alaska drivers with a DUI on their record can get the cheapest car insurance from Progressive at an average of $1,362 a year, followed by State Farm with an annual premium of $1,372 annually, based on recent data.
If you have a clean record, you are likely to pay 31% less for car insurance than someone with a 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 rates in Alaska after an at-fault accident
If you’re a driver with an at-fault accident on your record, State Farm is the cheapest option, offering car insurance at an average cost of $1,480 annually.
GEICO is the second most affordable option, providing full-coverage insurance to drivers with a history of at-fault accidents at an average cost of $1,815.
If you’re accountable for an accident, it can significantly affect your insurance premiums, as insurance companies see at-fault incidents as a sign of higher risk, leading to increased 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
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
How much can you save on auto insurance in Alaska?
Shopping around for car insurance quotes in Alaska can help drivers save 21% annually on full coverage policies.
How much money you save depends on factors specific to you but compare quotes and ensure you’re getting exactly what you need at a good 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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