Cheapest car insurance in Alaska: State Farm

State Farm offers Alaska drivers the best rates for minimum liability insurance. The company quoted an average annual premium of $359. That makes State Farm's rates 27% cheaper than average.

However, 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 $64 less per year than State Farm, and 40% less than the state average.

Be aware that minimum liability policies, though very affordable, only cover damage to other drivers and their cars. This could leave you responsible for repairs to your own vehicle after an accident. If your car is worth more than a few thousand dollars, it's typically worth the cost of adding collision and comprehensive coverages to your policy.

Cheapest full-coverage car insurance in Alaska: State Farm

Full-coverage car insurance in Alaska costs an average $1,433 per year, or $119 per month. State Farm's rates are the cheapest, at $1,002 per year, or 30% less than the state average.

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 double 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 incident out of your control, such as damage from the weather or an animal.

Cheap car insurance for drivers with prior incidents

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

Cheapest after a ticket

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Cheapest after an accident

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Cheapest after a DUI

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Cheapest with poor credit

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Cheapest car insurance after an accident: State Farm

We recommend that Alaska drivers with an at-fault accident on their records start their search with State Farm. Rates from the top insurers in Alaska average $1,984 per year, but State Farm charges almost $800 less — just $1,189 per year, or $99 per month.

For those who prefer to work with a local insurer, Umialik is a good choice. Annual rates are $1,376, which breaks down to just about $16 more per month than State Farm.

Expect your car insurance rates to go up by 38% after an at-fault accident. Insurers 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 car insurance after a speeding ticket: State Farm

The best rates for drivers with a speeding ticket come from State Farm. The average cost of insurance for Alaskans who have received a citation for speeding is $1,654 per year, but State Farm charges $558 less.

While at-fault accidents may raise your rates by 38%, speeding tickets raise your rates by just 15% in Alaska because a ticket is seen as a far less serious risk to insurers.

Cheapest car insurance after a DUI: Umialik

Alaska drivers who have been caught driving under the influence pay premiums that are 69% higher than drivers with clean records. Check out local Alaska insurer Umialik if you're looking for affordable insurance with a DUI on your record. Its rates are 43% more affordable than average, coming out to $1,376 a year, or $115 a month.

Cheapest car insurance for drivers with poor credit: Geico

At $1,613 annually, Geico offers the best rates for drivers with poor credit, so we recommend getting quotes from the provider if you have a lower-than-average credit score.

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, we found that car insurance costs 38% more for drivers with poor credit than for drivers with average credit.

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 $328 cheaper than the state average for married drivers.

Insurers charge married drivers slightly lower rates than single drivers because married drivers statistically get into fewer accidents. Married drivers in Alaska save $103 per year on car insurance compared to their single peers.

Cheapest car insurance for young drivers in Alaska: Allstate

Allstate offered the cheapest minimum coverage annual premiums we found for an 18-year-old. Rates came in at 37% less than the state average, costing $952 a year, or $79 a month.

While we generally recommend full coverage to young drivers, minimum coverage can be a cheaper, smarter choice if your car is worth less than the annual premium for a full-coverage policy, which is roughly $4,000 a year in Alaska. Umialik came in first for the cheapest rates for full-coverage policies, at $3,035 a year.

Cheapest for young 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, so the rates we found are $1,184 per year, or $99 per month, for minimum coverage.

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

Cheapest for young drivers with one speeding ticket: Umialik

Umialik again provided the cheapest rates for young drivers after an incident on the road. The company charges $1,184 per year after a speeding ticket, which is 28% less than the state average of $1,637 per year.

We found that insurers raise rates by about 8% after young Alaska drivers get a speeding ticket.

Average cost of car insurance in Alaska by city

When calculating your rates, insurers take where you live into consideration, as well as your driving history and credit score. In Alaska, your location can cause your premiums to vary by as much as $534 each year.

Recap of the cheapest car insurance in Alaska

Frequently asked questions