Best car insurance in Alaska for 2021

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Alaska is home to nearly 960,000 registered vehicles and 553,000 licensed drivers. There were approximately six million crashes in Alaska in 2015, and unfortunately, that number has been trending upward since 2006. The good news is that 72.2%, a majority, of those crashes only resulted in property damage rather than injuries or fatalities.

Though these statistics can be daunting, it’s proof that having great car insurance is imperative for anyone on the road in Alaska. Your car insurance will keep your wallet protected from accidents — both big and small — that might happen while you’re on the road.

When you’re looking for car insurance, pay attention to the coverage offered, the premium tied to your driving history and credit and discounts related to things like being a good driver or a good student.

Best car insurance companies in Alaska

As a car owner, you’ve probably already been bombarded by advertisements by a variety of the best car insurance companies. It can be hard to choose or even to understand how all these companies differ.

We evaluated providers based on unique options, coverage options, discounts and the J.D. Power Auto Insurance Study for information on customer satisfaction.

Car insurance company Average annual full coverage premium J.D. Power score – Northwest region
Allstate $2,692 810/1000
Geico $1,224 834/1000
Progressive $1,165 821/1000
State Farm $1,115 814/1000

Allstate

Allstate offers a big list of coverage options and discounts to its customers. However, it’s rated among the lower end of providers for customer satisfaction by J.D. Power. What sets Allstate apart is its company advocacy for industry-wide safety features in cars.

Geico

Geico is the highest-rated by J.D. Power on our list,with an 834/1000 rating in the Northwest region. Geico is known for having a quick and easy claims process while providing excellent customer service. It also offers a wide variety of coverage options and unique discounts.

Progressive

Progressive receives high marks for financial stability from A.M. Best with an A+ (Superior) rating. There are a ton of additional types of coverage available, like free coverage for pet injuries, gap insurance, and roadside assistance. There is also the Name Your Price® Tool, which allows you to buy some of the best car insurance in Alaska on your budget.

State Farm

State Farm is known as one of the biggest insurance companies in the U.S. With State Farm, you’re likely to receive a wide variety of coverage options, including accident forgiveness, rideshare coverage and even medical payments. According to J.D. Power, State Farm ranks below average for customer satisfaction with a rating of just 814/1000.

Average cost of car insurance in Alaska

Car insurance costs vary greatly from person to person, and they also vary by state. Compared to all other states, Alaska car insurance prices are more mid-level. They won’t break the bank, but they also aren’t the cheapest.

Average annual premium for minimum coverage in Alaska Average annual premium for full coverage in Alaska
$340 $1,484

How to get the bar car insurance

Not everyone’s car insurance needs are the same. Car insurance providers price each policy based on a series of individual factors that determine your risk as a policyholder:

  • Evaluate your needs: When building out your Alaska car insurance policy, consider factors such as where you live, the kind of car you drive, safety features, your credit score and what kind of claims history you have had with your car insurance in Alaska and anywhere else you’ve lived. All of these and more can affect your car insurance coverage and pricing, so find providers with a reputation for giving good rates to people with your needs.
  • Consider state factors: Though car insurance can be heavily customizable, you’re still required by law to have a minimum amount of insurance. This requirement varies from state to state. In Alaska, you’re required to have $50,000/$100,000 for bodily injury or death and $25,000 for property damage.

Car insurance discounts in Alaska

Even if you have the odds stacked against your favor, there are many savings opportunities you can look out for while you’re shopping for car insurance. Outside your driver history, credit score or student grades, companies will also offer discounts based on your car’s safety features, any military affiliation and the customer loyalty you’ve already shown to the company. There are some of the specific discounts you can enjoy from the best car insurance companies in Alaska.

Discount Allstate Geico Progressive State Farm
Anti-lock brakes X X
Anti-theft devices X X
Automatic payment/paperless billing X
Defensive driving course X X
Early signing X X X
Full payment X X
Good student X X X X
Green vehicle
Loyalty X X
Low annual mileage X
Military X
Multiple policies X X X X
Multiple vehicles X X X
Occupational or organizations X
Safe driver/accident free X X X X
Safety features X X

Frequently asked questions

What is the cheapest car insurance in Alaska?

Car insurance varies greatly depending on your driver’s history, age, gender, vehicle, and a host of other factors. Geico, State Farm and Allstate all have some of the cheapest annual premiums for drivers depending on history, credit and age.

What information is needed to get car insurance in Alaska?

Before you begin searching for car insurance in Alaska, you’ll need to know your driving history (accidents and tickets), your vehicle specifications and your credit score. The companies who you’re working with to get insurance will be able to access much of this information, but knowing it ahead of time will help you understand the type of coverage you need and the premium cost you’ll probably be expecting.

What are the requirements for car insurance in Alaska?

In Alaska, you must have a liability insurance policy that covers $50,000/$100,000 for bodily injury and death and $25,000 for property damage.

What is the best car insurance in Alaska?

The best car insurance in Alaska is offered from The Hartford, Allstate, State Farm and Geico. These companies offer great average premiums and broad discounts.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.