On average, car insurance rates for drivers in Alaska are $169 per month, and $2025 per year. The average rates make Alaska the 36th most expensive state in the country for car insurance rates and 32% less expensive than the national average.
Keep in mind that average auto insurance costs are determined by factors other than location. Based on your driving history, credit score, age and marital status you should be able to find insurance quotes and discounts so that your monthly payment is less than the averages cited here. Click the button below to get personalized insurance quotes from top providers like Progressive, Allstate and Nationwide.
Insurify's comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than the average price in your state, and customers save $48 per month on average.
Insurify analyzed car insurance rates in the twenty most populous cities in Alaska and has selected the following providers and quotes as the best rates for drivers in Alaska.
Teenagers are the most expensive age cohort to insure in Alaska, with their monthly rate exceeding the state average by $60. Prices go down somewhat for young adults in Alaska, though their rate still far exceeds the state average.
Prices dip dramatically for older drivers in their 30s, 40s, and 50s. Those in their 50s pay an especially lean $104 per month, far below the general state average. And for those over 60 in Alaska, you won’t have to worry about paying much more than $130 per month.
Men pay a solid amount more for car insurance in Alaska, exceeding the average women’s monthly rate by $28. Men on average pay $183 per month, while women pay $155.
Getting married is always cause for celebration—especially in Alaska, where it will decrease your monthly car insurance rate by an average of $45.
Overall, married Alaskans pay $140 per month, which is $29 below the state average. Meanwhile, single Alaska residents pay $16 more than the state average on car insurance, at $185 per month.
Alaska requires drivers to have bodily injury coverage of $50,000 per person and $100,000 per accident. This keeps you protected by paying for the injuries of anyone you harm in an accident up to those amounts.
Additionally, Alaska drivers must purchase $25,000 in property damage liability per accident, which covers any property you damage in an accident.
Alaska is one of many states that will take your credit score into account when determining your monthly car insurance rates. But don’t panic just yet—you’ll be relieved to find that Alaska car insurance rates don’t vary too wildly based on the quality of your credit score.
Naturally, those with excellent credit scores pay the least, at $144 per month. But this isn’t that much lower than those with poor credit scores, who pay $168 per month. In fact, those with average and good credit scores pay that most, at a little under $180 per month.
"Safety first" is not just a mantra that saves lives. It also saves money. Common sense tells us that the safest drivers will pay the least, and safe drivers qualify for "good driver" and "accident-free" discounts. But what if your record is less than perfect?
Drivers with a speeding ticket in Alaska will pay $13 more per month on average—plus fines. Drivers with an at-fault accident on their insurance record should expect to see monthly rates increase by around $55. Accidents happen, but driving safely and keeping a clean record are the best ways to avoid rate hikes. Remember, violations and accidents will stay on your insurance history for years to come. Still, you can still take a defensive driver course to reduce your monthly payment.
Insurance rates can vary between companies and are influenced by a variety of unique factors. While Alaska may not have as many options when it comes to car insurance carriers, especially compared to more populous states like California or New York, Alaskans should still carefully weigh their options before buying coverage.
One way to compare options easily is with Insurify. Insurify makes it easy to find cheap car insurance. All you need to do is enter some simple information about your location and driver history, and Insurify will give you 10+ free quotes from a variety of companies so that you can pick the right policy at the right price.
The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.
Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.
With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.