Car insurance for high risk drivers in Alaska

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If you have multiple tickets, at-fault accidents or a DUI on your driving record, you may have a difficult time finding low rates for car insurance. In addition, reckless or high-risk driving in Alaska could lead to your license being suspended, restricted or revoked. Alaska high-risk auto insurance is an alternative coverage option when traditional vehicle insurance is no longer available or affordable.

High-risk car insurance Alaska rates

The cost of your Alaska vehicle insurance depends on your driving record, vehicle and level of coverage, among other things. Alaska high-risk auto insurance is generally more expensive than traditional coverage. Each carrier has its own threshold of risk when pricing your vehicle insurance. One company may provide affordable insurance for a driver with speeding tickets but hike premiums sharply after an accident or claim.

Car insurance rates after a speeding ticket

Getting a speeding ticket could increase your auto insurance rates slightly or significantly, depending on the carrier. There is no formula to determine which insurance company will be cheaper after a speeding ticket. However, Bankrate’s analysis found USAA, State Farm and Progressive to be the most affordable carriers on average.

Car insurance company Alaska average annual premium for full coverage before a speeding ticket Alaska average annual premium for full coverage after a speeding ticket % difference
USAA $1,069 $1,344 26%
State Farm $1,190 $1,213 2%
Progressive $1,247 $1,681 35%

One way to possibly avoid a hike in your insurance rates after getting a speeding ticket is completing an approved traffic school course. An approximately eight-hour course can be completed online from the comfort of your home or in person.

Rates after an accident

In Alaska, being held responsible for a car accident will generally raise your premiums more than a speeding ticket. However, high-risk auto insurance rates in Alaska vary greatly from one insurance company to another.

Car insurance company Alaska average annual premium for full coverage before an accident Alaska average annual premium for full coverage after an accident % difference
USAA $1,069 $1,563 46%
State Farm $1,190 $1,329 12%
Progressive $1,247 $2,217 78%

USAA car insurance may start out as the cheapest coverage for safe drivers, but a single accident could increase your premiums by an average of 46%. Meanwhile, State Farm’s rates increase just 12%, on average, after an accident. Finally, Progressive rates increase an average of 78% after an accident.

Insurance rates after a DUI

Driving under the influence may be the most dangerous risk a driver could take both financially and safety-wise.

Here’s how getting a DUI in Alaska could impact auto insurance rates.

Car insurance company Alaska average annual premium for full coverage before a DUI Alaska average annual premium for full coverage after a DUI % difference
USAA $1,069 $1,926 80%
State Farm $1,190 $1,517 28%
Progressive $1,247 $1,540 23%

Drivers convicted of a DUI in Alaska will also need to ask their insurance company to file a certificate of financial responsibility (SR-22) with the DMV to legally drive.

Car insurance rates for teen drivers

Car insurance premiums for parents who add teen drivers to their policies in Alaska are higher than average.

Car insurance company Average annual premium for full coverage
USAA $2,736
State Farm $2,882
Progressive $3,752

*16-year-old on their parent’s policy

Getting quotes from multiple carriers is the best way to find the cheapest car insurance.

Who is a high-risk driver?

High-risk drivers come in all ages and experience levels. Insurance companies consider drivers with a DUI conviction or with more than one accident or moving violation to be high-risk. Teen drivers are also generally considered high-risk due to their lack of experience.

Many states may suspend or revoke your license after accumulating a certain number of points. Alaska could suspend your license after getting 12 points in one year or 18 points in 24 months. Considering that one at-fault crash, often considered “negligent driving,” may cost you six points, your license could be suspended after a second accident or ticket.

How high-risk drivers can lower their insurance rates

High-risk drivers may have limited carrier options and costlier average premiums. However, there are ways to reduce your premium:

  • Compare multiple carriers to find the cheapest coverage based on your current needs.
  • Apply as many discounts as possible, such as low mileage, student driver or multi-line discounts.
  • Complete an approved traffic school course to keep points off your driving record.
  • Raise your full coverage deductibles to the highest amount you can afford.

Saving as little as 5-10% on your vehicle insurance could translate to hundreds of dollars over time.

Frequently asked questions

What is an SR-22?

An SR-22 is a certificate of financial responsibility that confirms you have the minimum amount of car insurance required to drive. It’s a form filed by your insurance company with the DMV on your behalf.

I’m a high-risk driver. Do I need extra car insurance?

Most Alaska drivers are required to have liability insurance with minimums of $50,000 in bodily injury and death per person, $100,000 total per accident and $25,000 in property damage. Your policy will only pay up to your policy limits if you file a claim, so higher liability limits might help prevent financial stress after a collision.

How many points do I get in Alaska if I cause an accident?

Alaska generally assigns six points if you’re a negligent operator (responsible for a car crash). The DMV may suspend or revoke your accident after you have accumulated 12 points on your record in 12 months or 18 points in 24 months. The actual number of points you are given for an accident or ticket will likely be impacted by the specific circumstances of the incident.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 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 base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes.

High-risk drivers

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Written by
Cate Deventer
Insurance Writer & Editor
Cate Deventer is a writer, editor and insurance professional with nearly a decade of experience in the insurance industry as a licensed insurance agent.
Edited by
Insurance Editor