Alaska Average Cost of Car Insurance Rates (2023)

How Much Does Car Insurance Cost In Alaska?

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.

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.

Best Alaska Auto Insurance Rates

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.

Alaska Car Insurance Rates by City

For drivers in Alaska, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Based on internal Insurify data, here are the average cost of car insurance rates for drivers in the top 10 cities in Alaska.

What Is the Average Cost of Car Insurance in Alaska by Age?

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.

What Is the Average Cost of Car Insurance in Alaska by Gender?

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.

Does Marital Status Influence the Average Cost of Car Insurance in Alaska?

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.

Minimum Car Insurance Requirements in Alaska

All motor vehicles operated or parked on Alaska^[1] roadways are required to be insured. Proof of insurance must be carried in your car at all times and must be available when:

• Requested by law enforcement

• Renewing vehicle registration

• The vehicle is involved in a car accident

The minimum liability insurance requirements for private passenger vehicles in Alaska are:

• $50,000 per person for bodily injury

• $100,000 per accident for bodily injury

As a major part of your liability insurance, bodily injury coverage covers medical bills for people other than the policyholder who are injured during an accident. Alaska is an at-fault state, meaning the driver who is responsible for the collision is also responsible for paying for any resulting expenses, either through their car insurance provider or out of pocket.

• $25,000 per accident for property damage

If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident.

How Does Credit History Affect Alaska Car Insurance Rates?

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.

What Is the Average Cost of Car Insurance in Alaska for High-Risk Drivers?

"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.

Compare Top Auto Insurance Companies

Use Insurify for all of your car insurance comparison needs! Compare and connect directly with the top insurance companies to find the best rates as well as the most personalized discounts and coverage options. Insurify’s network includes over 200 insurance companies throughout the U.S. who can work with you to get you the right auto insurance policy at the cheapest price. See All Auto Insurance Companies