Best & Cheapest Car Insurance Quotes in Alaska (2023)

Best cheap car insurance in Alaska

Cheapest car insurance in Alaska: Geico

Geico offers Alaska drivers the best rates for minimum liability insurance, with an average annual rate of $329. That makes Geico's rates 33% cheaper than average.

Cheapest Alaska car insurance companies

If you're in the military or part of a military family, you qualify for even cheaper car insurance from USAA. Minimum coverage from USAA costs $63 less per year than Geico and 46% less than the state average.

Minimum liability policies, though very affordable, only cover damage you cause to other drivers and their cars. This could leave you responsible for paying for repairs to your own vehicle after an at-fault accident.

If your car is worth more than a few thousand dollars, it's typically worth the cost of adding collision and comprehensive coverage to your policy.

Cheapest full-coverage quotes in Alaska: State Farm

State Farm has the cheapest rates in Alaska, at $932 per year, which is 34% less than the state average. Full-coverage car insurance in Alaska costs an average $1,407 per year, or $117 per month.

Drivers with a car loan or lease are typically required by their lenders to get full coverage. Given that full-coverage car insurance in Alaska costs nearly triple what minimum coverage costs, drivers may balk at the high price tag. However, full-coverage car insurance takes care of repairs to your own car, whether those repairs result from a collision or from an accident out of your control, such as damage from the weather or an animal.

Cheap car insurance quotes for Alaska drivers with prior incidents

State Farm has the cheapest rates for drivers who have a past ticket or accident on their driving records, while Umialik has the cheapest rates for drivers after a DUI. Auto insurance usually costs more for drivers with a ticket or accident on their records because insurance companies see previous incidents as a sign of increased risk.

Cheapest car insurance after a speeding ticket: State Farm

State Farm has the best quotes for drivers with a speeding ticket. The average cost of insurance for Alaskans who have a citation for speeding is $1,626 per year, but State Farm charges $634 less.

While at-fault accidents may raise your rates by 41%, speeding tickets raise your rates by just 16% in Alaska because a ticket is seen as a far less serious risk to insurers.

Cheapest car insurance after an accident: State Farm

State Farm offers affordable quotes for Alaska drivers with an at-fault accident on their records. Quotes from the top car insurance companies in Alaska average $1,990 per year, but State Farm charges $913 per year less — just $1,076 per year, or $90 per month.

For drivers who prefer to work with a local insurance company, Umialik has cheap rates for only $25 more per month than State Farm.

Cheapest car insurance in Alaska after an accident

Expect your car insurance rates to go up by 41% after an at-fault accident. Insurance companies increase rates because drivers who have been in one accident are statistically more likely to get into accidents again in the future. But your rates may go down if you keep a clean driving record until the accident drops off your driving record, typically after three to five years.

Cheapest Alaska car insurance after a DUI: Umialik

Check out local Alaska insurer Umialik if you're looking for affordable insurance with a DUI on your record. Umialik's rates are 45% more affordable than average, coming out to $1,382 a year, or $115 a month.

Alaska drivers who have been caught driving under the influence pay insurance rates that are 77% higher than drivers with clean records.

Cheapest Alaska car insurance with a DUI

Cheapest car insurance for drivers with poor credit: Geico

At $1,644 annually, Geico offers the best rates for drivers with poor credit.

Because insurance companies correlate poor credit with a higher risk of filing claims, you'll have higher car insurance rates if you have a poor credit score in most states. In Alaska, car insurance costs 50% more for drivers with poor credit than for drivers with good credit.

Cheapest car insurance in Alaska with poor credit

Cheapest car insurance for teen drivers in Alaska: Allstate

Allstate offered the cheapest minimum coverage annual rates for an 18-year-old driver at $84 per month. State Farm has the cheapest quotes for full-coverage policies at $2,923 a year.

While full coverage is a good idea for most young drivers, minimum coverage can be a cheaper, smarter choice if your car is worth less than the cost for a full-coverage policy, which is more than $4,200 a year in Alaska.

Cheapest car insurance for young drivers in Alaska

Cheapest for young drivers with one speeding ticket: Umialik

Umialik has the cheapest rates for young drivers after an incident on the road. The company charges $1,137 per year after a speeding ticket, which is 34% less than the state average of $1,728 per year.

Insurance companies raise rates by about 6% after young Alaska drivers get a speeding ticket.

Cheapest quotes for 18-year-old drivers after an accident: Umialik

After an accident, young Alaska drivers can find the best rates with local insurer Umialik. The company does not raise rates after a single accident, with average rates of $1,137 per year, or $95 per month, for minimum coverage.

Overall, young drivers only pay slightly higher rates after an accident. Annual rates for an 18-year-old driver go up by 19% after an accident.

Cheapest car insurance for married drivers: State Farm

If you're married, your best discount could be from State Farm, as the company's rates are $31 per month cheaper than the state average for married drivers.

Insurance companies offer cheaper quotes to married drivers because married drivers statistically get into fewer accidents. Married drivers in Alaska save $104 per year on car insurance.

Best car insurance companies in Alaska

Geico also offers good customer service and some of the cheapest quotes for Alaska drivers.

Average cost of car insurance quotes in Alaska by city

When determining your rates, insurance companies factor in where you live, as well as your driving history and credit score. In Alaska, your location can cause your quotes to vary by as much as $45 each month.

Minimum requirements for auto insurance coverage in Alaska

Alaska auto insurance policies must include a minimum amount of liability coverage. The coverage limits for a minimum policy in Alaska are commonly written as 50/100/25.

BI liability coverage pays for injuries to the other driver, while PD liability coverage pays to repair the other driver's damaged car or property after an accident.

Frequently asked questions about Alaska car insurance quotes

Methodology

We collected thousands of rates from ZIP codes across Alaska from the state's largest insurers for a 30-year-old man with good credit who drives a 2015 Honda Civic EX.

For our minimum-coverage policy, we quoted a policy with the minimum required limits in Alaska. The base policy for the study was a full-coverage policy with coverage above the minimum required limits:

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.