Alaska Car Insurance Rates

Projected insurance prices in Alaska for 2018 are $1,098 every 12 months including full coverage. Comprehensive, collision insurance, and liability cost an estimated $244, $446, and $284, respectively. Anchorage, Meadow Lakes, and Palmer average the highest rates, and the two companies who insure the most vehicles in Alaska are State Farm and Geico.

Average rate for full coverage: $1,098

Policy rates broken down by individual coverage type:

Comprehensive $244
Collision $446
Liability $284

40-year-old driver, full coverage with $500 deductibles, and good driving record

Cost of Car Insurance in Alaska

For a middle-aged driver, Alaska insurance rates range from the cheapest price of $334 for just liability coverage to a high of $2,368 for a high risk driver.

Liability Only $334
Full Coverage $1,098
High Risk $2,368

These price differences highlight why it is important to compare rates quotes for a targeted area and their own driving history, instead of depending on rates averaged for all U.S. states.

Use the form below to get accurate rates for your location.

Enter your Alaska zip code below to view companies that have cheap auto insurance rates.

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Alaska car insurance rate comparison chart
Column chart showing Alaska car insurance prices range from $631 to $4,032 for full coverage

The chart above shows average Alaska auto insurance rates for various coverage choices and risks. The cheapest discount rate is $631. Drivers choosing higher $1,000 deductibles will pay $942. The average rate for a driver around age 40 using $500 deductibles is $1,098. Choosing low $100 deductibles for collision and other-than-collision coverage will cost more, up to $1,402. If you have multiple accidents and violations you could be charged around $2,368. The cost for full coverage insurance for a teenage driver can climb as high as $4,032.

Insurance rates in Alaska also range considerably based on liability limits and deductibles, your driving characteristics, and your choice of vehicle.

Older drivers with a clean driving record and higher deductibles may pay as low as $1,000 every 12 months on average, or $83 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay at least $4,000 a year. View Rates by Age

The city you live in also has a big influence on auto insurance prices. Areas with less crime and congestion might see rates around $800 a year, while some neighborhoods in Anchorage and Meadow Lakes may have prices as high as $1,500. Even areas close to each other in the same city can have large rate differences.

These wide price ranges illustrate the significance of getting rates for your specific Alaska zip code.

View Chart as Image

Alaska insurance rates by city

Your choice of car insurance company influences the cost of coverage. Each company has their own rate formula, and prices can change depending on individual risk factors.

In Alaska, auto insurance prices range from $883 with Umialik to as much as $2,476 with Safeco. Other companies like USAA, State Farm, and Progressive are neither the lowest or highest. That is probably not the prices you would pay, as where you live in Alaska, the vehicle you are insuring, and any driving violations have to be considered.

Alaska Auto Insurance Companies by Market Share and Average Rate
RankCompanyMarket ShareAverage Rate
1State Farm27.45%$985
2Geico18.45%$1,924
3USAA17.30%$948
4Allstate13.69%$2,350
5Progressive10.33%$1,235
6Liberty Mutual3.34%N/A
7Country Financial2.90%N/A
8The Hartford2.67%N/A
9Farmers Insurance1.35%N/A
10Horace Mann1.29%N/A
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Source: National Association of Insurance Commissioners (NAIC) 2015 Market Share Report and The Zebra

Opting for high physical damage deductibles can reduce rates by up to $460 annually, while buying higher liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $255 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or you were responsible for an accident, you are likely paying $1,300 to $1,800 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 45% to 132% more than the average rate. View High Risk Driver Rates

The type of car, truck, or SUV you buy is a primary factor in determining the cost of auto insurance coverage in Alaska. Buying a lower-cost and safer model will have a lower insurance cost due to cheaper repair costs and lower severity of accident injuries.

The following table shows car insurance premium estimates for the top vehicles that are insured in Alaska.

Alaska Auto Insurance Rates for Popular Vehicles
Make and ModelPremium% to Avg
Chevrolet Silverado$1,1565%
Dodge Ram$1,1887.6%
Ford Escape$910-20.7%
Ford Focus$1,060-3.6%
Ford Fusion$1,1645.7%
Ford F-150$1,030-6.6%
GMC Acadia$1,010-8.7%
GMC Sierra$1,1403.7%
Honda Accord$1,022-7.4%
Honda Civic$1,1988.3%
Honda CR-V$886-23.9%
Honda Pilot$1,042-5.4%
Hyundai Sonata$1,1121.3%
Kia Optima$1,1323%
Nissan Altima$1,1282.7%
Nissan Rogue$1,1000.2%
Toyota Camry$1,1181.8%
Toyota Corolla$1,092-0.5%
Toyota Prius$1,014-8.3%
Toyota RAV4$1,034-6.2%
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Annual estimated premium for full coverage, $500 deductibles, driver age 40 with clean driving record.
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Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to get quotes from multiple companies. Every auto insurance company utilizes a different rate formula, so the rates will be varied.

Alaska Auto Insurance Articles

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Rates by Driver Age

Alaska Insurance Rates by Driver Age
Driver AgePremium
16$4,032
20$2,532
30$1,148
40$1,098
50$1,000
60$982

Full coverage, $500 deductibles

Rates by Deductible

Alaska Car Insurance Rates with Different Deductibles
DeductiblePremium
$100$1,402
$250$1,260
$500$1,098
$1,000$942

Full coverage, driver age 40

Rates by Liability Limit

Alaska Car Insurance Rates with Different Liability Limits
Liability LimitPremium
30/60$1,098
50/100$1,155
100/300$1,226
250/500$1,410
100 CSL$1,183
300 CSL$1,339
500 CSL$1,453

Full coverage, driver age 40

Rates for High Risk Drivers

Alaska Car Insurance Rates for High Risk Drivers
AgePremium
16$5,760
20$4,018
30$2,422
40$2,368
50$2,258
60$2,236

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $152

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

DiscountSavings
Multi-policy$58
Multi-vehicle$56
Homeowner$15
5-yr Accident Free$82
5-yr Claim Free$71
Paid in Full/EFT$52
Advance Quote$55
Online Quote$78
Total Discounts$467
Rate after discounts $631

Discounts are estimated and may not be available from every company or in every state.

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