Alaska is the most populous state in the U.S. but only 530,000 drivers are licensed as of 2019. Alaskans pay $373 annually for basic coverage and $1,559 for full coverage. Road safety is a concern because of the high number vehicle-related deaths. As of 2018, there were 80 fatalities in Alaska from accidents. 41 were due to speeding, 29 were due to driving under the influence.
Alaska’s low driver-to state ratio makes car insurance one of the most important purchases a motorist can make. Many of the best car insurance providers offer coverage for the state. They also offer competitive rates and strong customer satisfaction ratings.
Alaska’s best car insurance companies
Many of Alaska’s best providers are also the most affordable auto insurance in the state. However, some drivers might find it helpful to consider other criteria when narrowing down their choices. Our evaluation of providers was based on 2021 rate data from Quadrant Information Services, unique options and coverage options, as well as the J.D. For more information about customer satisfaction, see the Power Auto Insurance Study.
|Car insurance company||J.D. Power score (Northwest region).||Average premium for full coverage annually|
|Allstate||810 / 1000||$2,302|
|Geico||834 / 1000||$1,421|
|Progressive||821 / 1000||$1,545|
|State Farm||814 / 1000||$1,543|
Allstate also offers unique coverage options, such as insurance for your vehicle’s speakers or other sound system components. Although Allstate’s annual premiums are higher for full coverage, its advocacy for safety features in cars is what makes it stand out.
Geico has the highest rating from J.D. Power with 834 points from 1,000 in the Northwest. Geico is well-known for its quick claims processing and excellent customer service. Geico also offers unique discounts and a variety of coverage options.
AM Best gives Progressive high marks for financial stability with a A+ (Superior) rating for financial strength. You can also choose from gap insurance, roadside assistance, and pet injuries caused in collisions. You can also use the Name Your Price Tool to determine the best Progressive coverage options for you based on your budget.
State Farm has a reputation for being the largest insurance company in America and offers many auto insurance options to Alaskan drivers. You can even save money with the Steer Clear driving programs.
Average price of Alaska car insurance
The cost of car insurance varies greatly from one person to another, as well as by state. Alaska’s car insurance rates are lower than those in other states. While state rates are not expensive, they may not be the most affordable. Drivers pay an average of $565 per month for minimum coverage and $1674 for full coverage. However, Alaskans are likely to pay less for car insurance because they have a lower population.
|Alaska’s minimum coverage: Average annual premium||Alaskan full coverage: Average annual premium|
Alaska’s minimum insurance requirements
Alaska mandates that drivers have minimum coverage limits of 50/100/25 to protect motorists. This includes:
- $50,000. Per person, bodily injury coverage
- $100,000 per accident in bodily injury coverage
- $25,000 in property damage per accident
Alaska’s minimum state requirements for auto insurance are not applicable throughout the state. Certain territories and areas in the state are exempt since vehicle registration is not required. Car insurance providers in Alaska must offer coverage for uninsured or underinsured motorists. However, they can reject this request in writing.
Alaska’s laws have minimum coverage limits. However, due to the high likelihood of accidents and deaths in Alaska, as well as weather-related losses such as snow damage, full coverage is worth considering. You may need full coverage if you lease or finance a vehicle.
How to get the best car coverage
Different car insurance requirements are different. Car insurance companies price policies based on several factors that will determine your risk as a policyholder.
- Assess your needs: Consider factors like where you live, what type of car you drive, safety features and credit scores. Also, think about your claims history with car insurance. These and other factors can have an impact on your car insurance pricing and coverage. It is worth looking for providers that offer good rates to customers with similar needs.
- Take into account state factors. Although car insurance coverages can differ depending on what you choose, the law still requires that you have a minimum level of insurance. This requirement is different from one state to the next. Alaska requires that you have $50,000/$100,000. for bodily injury/death and $25,000 for damage to property.
Alaskan car insurance discounts
You can get auto insurance rates that match Alaska’s averages, or you can find rates that are higher or lower. Discounts are available to help reduce your premiums. Many top providers offer discounts that are suitable for all drivers, even Alaskans. Additional savings could be available for simple things like enrolling in paperless billing or long-term efforts like maintaining a clean driving record. Alaskan car insurance companies offer a variety of discounts.
|Get Discount||Allstate||Geico||Progressive||State Farm|
|Paperless billing/automatic payment||X|
|Driving course for defensive driving||X||X|
|Sign up early||X||X||X|
|Organizations or occupational jobs||X|
|Safe driver/accident free||X||X||X||X|
Questions frequently asked
What is Alaska’s cheapest auto insurance?
Car insurance rates can vary depending on the driving record, gender, age, and other factors. You might be able to get affordable premiums from the biggest auto insurance companies in the U.S. You could seek out companies that offer the greatest discounts so you can align your coverage needs and your budget when comparing quotes.
What information are you required to obtain Alaskan car insurance?
You will need to have information about your driving record (accidents or tickets), vehicle specifications, and credit score before you start looking for Alaska car insurance. Although most companies will be able access this information, it is important to know the details beforehand so you can understand what type of coverage you require and the possible quotes.
What are the requirements to get car insurance in Alaska?
Alaska requires that you have liability insurance. This policy must cover bodily injury upto $50,000 per person, $100,000 per accident, and property damage upto $25,000.
What is the best Alaska car insurance?
Each driver is unique and therefore, the best car insurer is one that meets each driver’s needs. It may be useful to compare providers with strong customer service, extensive coverage, and a track record of paying claims on time.