Cheap Auto Insurance Quotes in Anchorage, AK (2021)

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Anchorage drivers can relate to seeing wildlife in traffic. While a moose at a stoplight might turn heads in other states, here it’s just part of the daily commute.

Accidents with animals are just one thing your insurance policy can cover in Alaska. Finding an insurance policy that can do everything you want at a price you can afford is important.

Car Insurance in Anchorage, AK

The average cost of Alaska car insurance will vary from city to city and between insurance companies. Insurify analyzed the latest insurance rates in Anchorage, AK to find you the cheapest quotes in the area.

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Cheapest Car Insurance in Anchorage, AK

Here are the cheapest carriers in Anchorage for the following user profile: a single, 30 year old male with a clean driving record who drives a 2012 Honda Accord and pays a $1,000 deductible for the state’s minimum liability insurance.

Best Car Insurance in Anchorage, AK

The Insurify Composite Score is calculated by analyzing multiple factors that indicate the quality, reliability, and health of an insurance company. Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings, Consumer Reports customer satisfaction surveys, mobile app reviews, and user-generated carrier reviews. The following are the top rated carriers that offer car insurance in Anchorage. For the complete list, see Insurify's best car insurance companies.

Average Car Insurance Cost

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Anchorage, AK Driving Facts

Minimum Car Insurance Requirements in AK

The state of Alaska requires all motor vehicle operators to have proof of insurance available in the car at all times. The minimum bodily injury liability insurance requirements in Alaska are:

  • $50,000 bodily injury liability per person
  • $100,000 bodily injury liability per accident

Bodily injury coverage protects you by paying for the injuries of anyone you harm in an accident. The minimum coverage limits that Alaska state law requires are $50,000 for the injury or death of a single person involved in a car accident and $100,000 for the injury or death of multiple persons. Insurance providers list this coverage at 50/100, stating the limitations of each minimum. In an accident, liability coverage protects you up to the policy limit. Damages above the policy limit of $100,000 are your responsibility.

The minimum property damage liability insurance requirements in Alaska are:

  • $25,000 property damage liability per accident

Property damage liability coverage pays for any property that you damage in an accident. The state of Alaska requires $25,000 for the minimum. You’ll see the collective state minimum listed at 100/50/25. The 25 refers to the property damage liability. Once again, any damages above the $25,000 are your responsibility.

alaska

Anchorage Car Insurance Rates by Driver Age

As the average car insurance rates in Anchorage demonstrate, younger drivers cost more to insure—even in the Last Frontier! Premiums for Anchorage teen drivers average out to $362, over four times as much as the average cost for drivers in their 50s. Since older drivers also tend to have more accidents than drivers in their prime, Anchorage drivers in their 60s and 70s pay higher premiums on average than younger motorists, with average rates of $103 and $153, respectively.

Driver's AgeAvg. Monthly Cost
teens$363
20s$202
30s$147
40s$152
50s$89
60s$103
70s$154
80sN/A
Driving HistoryAvg. Monthly Cost
No Violation$153
Speeding Ticket$183
At-Fault Accident$222
Failure to Stop for Red Light / Stop Sign$145

Anchorage Car Insurance Rates by Driving and Accident History

In Anchorage, smart drivers are safe drivers. And safe drivers get all the best rewards from insurance companies, including the “good driver” and “accident-free” discounts. If so, why do people with a failure-to-stop ticket pay less than those with no violations? Often, drivers with violations cut their policies to make them affordable and opt for liability only, skipping costlier comprehensive and collision coverage. An at-fault accident kicks up the price by over $60 per month. But drivers are not stuck paying more forever; three years of careful driving, and tickets and accidents stop affecting insurance rates.

Anchorage Car Insurance Rates by Credit Tier

Alaskans are a tad confused on just how credit changes their ability to drive. But the state’s insurance companies tell a different story, and the law says it’s perfectly okay for them to use credit as a rating factor for drivers. Generally, those with worse credit pay more for car insurance. Those with poor and average credit pay about the same. The biggest decrease goes from moving from average to excellent credit, translating to saving over $25 per month, or $300 per year.

Credit TieAvg. Monthly Cost
Excellent$149
Good$167
Average$175
Poor$173

Anchorage, AL DMV Information

The Alaska Division of Motor Vehicles handles licensing and motor vehicle services in two ways: through its various statewide DMV locations and via a network of DMV Business Partners. While it’s nice to have options, the services that its different business partners handle can vary. Double-checking who does what online is a must. There are nine such partners in Anchorage and 11 partner locations. The Anchorage DMV office is at 3901 Old Seward Highway, Suite 101 (University Center).

Public Transportation in Anchorage, AL

People Mover is a division of the Municipality of Anchorage's Public Transportation Department (PTD) and is the largest public transit provider in the State of Alaska. Its buses take passengers to medical, leisure, and work destinations throughout Anchorage and beyond. Shared ride service for people with disabilities and the elderly is also available. Traditional taxis and bikeshare are also ways to get around in this town.

Conclusion: How to get the best and cheapest car insurance in Anchorage, AL

Harsh weather conditions and wildlife are just some of the hazards that drivers encounter on Alaska roads. While driving here does have its dangers, building an auto policy to stay financially safe is easy with Insurify. Icy, wet roads account for many of the accidents in Anchorage. It’s just something drivers have learned to get used to.

One thing you don’t have to put up with? Your same auto insurance policy. Insurify helps you discover the competition and find discounts that make auto policies more affordable. Use Insurify to compare dozens of insurance quotes in just seconds.

Find local Anchorage agents

Associated Insurance Services
7125 Old Seward Highway, Anchorage, AK 99518
Patterson Insurance Brokers
400 West Tudor Road, Anchorage, , AK 995036614
J. C. Morris Agency, Inc.
4011 Arctic Blvd Ste 105, Anchorage, AK 99503-5701
Alaska Independent Insurance Agents & Brokers, Inc.
701 W 41st Ave Ste 103, Anchorage, AK 99503-6604
Alaska Commercial Insurance Brokers
500 E. Tudor Rd. Suite 203, Anchorage, AK 99503
Dewar Insurance Agency, LLC
405 W. 36th Ave. Suite 100, Anchorage, AK 99503
Integrity Insurance Agency, Inc.
1505 W 34th Ave, Anchorage, AK 99503-3642
Alaska USA Insurance Brokers, LLC
500 W 36th Ave, Anchorage, AK 99503-5805
Springen Insurance
931, Anchorage, AK 99515
Conrad-Houston Insurance
507 W Northern Lights Blvd, Anchorage, AK 99503-2503

Insurify Rankings

Using a proprietary dataset of over 1.6 million car insurance shopper applications, the data scientists at Insurify have run various studies on driver behavior across geographical locations, age ranges, motor vehicle registration, and other variables all related to auto insurance coverage.

We’ve been able to determine the speediest cities in the nation, the most popular cars among age groups, and the occupations with the worst drivers, among other insightful reports. We’ve also launched annual awards campaigns to congratulate the communities across the country who have excelled in environmentally friendly initiatives, educational attainment, and other areas.

Here's how Anchorage stacks up for the state of Alaska:

ford
Ford F-Series Pickup
Most Popular Car in
Anchorage, AK
suspended licenses
#2
Cities with Most
Suspended Licenses Rank

Green Driving in Anchorage, AK

The EPA reports that the United States' transportation sector accounts for 27% of national greenhouse gas emissions. In a country of over 263 million registered vehicles, many communities are taking action to reduce their environmental impact and vehicular carbon footprint. This city has been named the "greenest" in the state by Insurify.

Alaska is renowned for its grand mountains, lush forests, and picturesque glaciers. To reduce negative environmental impact in such a geographically diverse state, many green initiatives are beginning to take hold on local levels. Anchorage is currently eyeing a citywide plastic bag ban. In addition, the city of Juneau, whose electric sources are mostly hydroelectric, has demonstrated its commitment to have the most electric car charging stations per capita in the entire country. Since 2009, the travel agency Adventure Green Alaska has promoted sustainable eco-tourism programs in the state.

 
Greenes Cities

Anchorage

Greenes Cities
% of Hybrids / Electrics
1%
Most Patriotic City

Most Patriotic City

Anchorage

Beginning in 2018, Insurify launched the Most Patriotic Cities Awards, which salute the community in each state with the highest percentage of individuals who currently serve in the military or identify as armed service veterans.

 

 

FAQs - Anchorage, AK Car Insurance

Is insurance mandatory in Alaska?

Alaska requires that all registered vehicles meet mandatory liability insurance minimums. In Alaska, these minimums include $50,000 bodily injury (BI) per person per accident, $100,000 bodily injury for all persons per accident, and $25,000 property damage liability (PD). If you get pulled over in Alaska and can’t show proof of insurance, your vehicle can be impounded.

Do I have to register my car in Alaska?

You don’t have to register your car in Alaska if you live in certain counties. A list of these counties can be found on Alaska’s Division of Motor Vehicles web page.

What are the teen driving rules in Alaska?

Teenagers in Alaska can get their instruction permit at 14. Provisional licenses are issued to teens 16–18 as long as they’ve held a learner’s permit for six months with no traffic violations. A provisional license holder can drive unsupervised with certain restrictions (mostly having to do with the time of the day they can drive and who they can have in their car). After six months of holding a provisional license with no accidents, a driver can apply for an unrestricted license.