Who Has the Cheapest Car Insurance Quotes in Alaska?

Who Has the Cheapest Car Insurance Quotes in Alaska?

Geico has the most affordable car insurance quotes in Alaska, at $27 a month for minimum coverage.

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Best cheap car insurance in Alaska

To help you find the best cheap car insurance in Alaska, our editorial team collected quotes from top auto insurance companies across every ZIP code in the state. Quotes for minimum coverage meet Alaska's state minimum requirements of $50,000 in bodily injury liability coverage per person and $100,000 per accident, plus $25,000 in property damage liability insurance.

Full-coverage quotes include collision and comprehensive protection along with higher liability limits than state minimums.

In addition, we ranked the best Alaskan car insurance companies based on the cost of coverage for different drivers, convenience, coverage availability and customer service ratings.

Cheapest car insurance in Alaska: Geico

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

The average cost of car insurance in Alaska is $495 per year, or $41 per month, for minimum liability coverage.

Cheapest car insurance companies in Alaska

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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.

Company
Monthly rate
Geico logo
Geico$27
State Farm logo
State Farm$30
Allstate logo
Allstate$38
Umialik logo
Umialik$39
Progressive logo
Progressive$91
USAA logo
USAA$22

*USAA is only available to current and former military members and their families.

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.

Company
Monthly rate
State Farm$78
Geico$101
Umialik$115
Allstate$156
Progressive$177
USAA$77

*USAA is only available to current and former military members and their families.

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.

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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.

Company
Monthly rate
State Farm$83
Geico$101
Umialik$115
Allstate$186
Progressive$229
USAA$100

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

Company
Monthly rate
State Farm$90
Umialik$115
Geico$198
Allstate$232
Progressive$249
USAA$111

*USAA is only available to current and former military members and their families.

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

Company
Monthly rate
Umialik$115
Progressive$212
Allstate$222
State Farm$228
Geico$328
USAA$142

*USAA is only available to current and former military members and their families.

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

Company
Monthly rate
Geico$137
State Farm$148
Umialik$176
Allstate$203
Progressive$259
USAA$135

*USAA is only available to current and former military members and their families.

Cheapest car insurance for teen drivers in Alaska: Allstate

Allstate offered the cheapest minimum coverage annual premiums 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.

Young drivers in Alaska pay $94 more per month more for minimum-coverage car insurance than adult drivers do. Average rates are $135 per month.

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 premium for a full-coverage policy, which is more than $4,200 a year in Alaska.

Cheapest car insurance for young drivers in Alaska

Company
Liability only
Full coverage
Allstate$84$415
Umialik$95$254
Geico$99$328
State Farm$105$244
Progressive$374$709
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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.

Company
Monthly rate
Umialik$95
Geico$99
Allstate$106
State Farm$113
Progressive$388
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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.

Company
Monthly rate
Umialik$95
State Farm$124
Geico$135
Allstate$138
Progressive$411
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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.

Company
Monthly rate per car
State Farm$78
Geico$106
Umialik$115
Progressive$140
Allstate$144
USAA$69

Best car insurance companies in Alaska

State Farm is the best car insurance company in Alaska if you're not eligible for USAA membership.

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

Company
Editor's rating
J.D. Power
AM Best
USAA
881A++
State Farm
842A++
Geico
835A++
Allstate
824A+
Progressive
819A+
UmialikNRNRA+

Average cost of car insurance quotes in Alaska by city

Anchorage, the largest city in Alaska, has the most expensive car insurance rates, at $1,656 annually, while the towns of Douglas and Angoon have the lowest rates, at $1,119 per year.

When calculating 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.

City
Average monthly cost
Percentage from average
Adak$1170%
Akiachak$116-1%
Akiak$1170%
Akutan$115-2%
Alakanuk$115-2%
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Minimum requirements for auto insurance coverage in Alaska

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

Coverage
Limits
Bodily injury (BI)$50,000 per person/$100,000 per accident
Property damage (PD)$25,000 per accident

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

How much is car insurance in Alaska?

The average price of minimum-coverage auto insurance in Alaska is $41 per month, or $495 per year. Full coverage is $117 per month.

Who has the cheapest car insurance in Alaska?

Geico offers the cheapest minimum-coverage insurance in Alaska, at $27 per month. State Farm has the cheapest full coverage, with an average rate of $78 per month.

Is car insurance in Alaska expensive?

Car insurance in Alaska is relatively cheap. The average cost for a minimum-coverage policy is $41 per month, which makes Alaska the 14th cheapest state for auto insurance. Car insurance is cheaper in Alaska in part due to the low population density and lack of congested cities.

How much auto insurance do I need in Alaska?

Drivers in Alaska are required to have $50,000 in BI coverage per person and $100,000 per accident, along with $25,000 in PD coverage per accident.

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:

Coverage
Limits
Bodily injury$50,000 per person/$100,000 per accident
Property damage$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

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.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.