Who Has The Cheapest Motorcycle Insurance Quotes In Alaska?

Who Has The Cheapest Motorcycle Insurance Quotes In Alaska?

Motorcycle insurance is mandatory in Alaska, but that doesn't mean it has to be expensive. We found the cheapest annual rate for motorcycle insurance in the state to be just $159.

Compare Motorcycle Insurance Quotes from Providers in Alaska

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We studied dozens of insurance companies and their quotes to determine the best motorcycle insurers in the state. Use the quote box above, or keep reading for our analysis of the top motorcycle insurers in Alaska.

Cheapest Motorcycle Insurance in Alaska

GEICO offers the most affordable motorcycle insurance options for riders in Alaska.
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We conducted a study to show which companies generally had the best motorcycle insurance rates in Alaska. The study included quotes from three major carriers: Progressive, GEICO and Markel. The graph below includes the average premium quoted by each carrier for our sample policy and bike rider, along with the state average. The company with the lowest motorcycle insurance rates in Alaska was GEICO, which quoted our sample policy to be $159 on average. The average rates quoted by Progressive and Markel were $472 and $538, respectively, for our profiled rider –- both significantly higher than the average cost of motorcycle insurance in Alaska.

A ValuePenguin study of motorcycle insurance companies in Alaska found GEICO had the best rates for a sample policy and rider.

*The Average Annual Rate is rounded to the nearest whole dollar amount.

The best motorcycle insurance companies combine low rates with other perks, like accident forgiveness. Therefore, low rates shouldn't be the sole determining factor when shopping for motorcycle insurance. Consider purchasing a policy that aligns well with your needs. For instance, someone with a side car installed on their motorcycle should consider opting for an insurance company with a high coverage limit for custom parts.

Best Motorcycle Insurance Rates in Alaska: By City

The places with the best motorcycle insurance quotes in Alaska all had similar or identical rates for our sample property. Deviations like this were found in other states as well, such as New York. In Alaska, a census-designated place called Knik-Fairview ranked with the lowest motorcycle insurance quotes in the state for our sample policy and rider. Quotes gathered in our study for Knik-Fairview were 11.5% lower than the state average. Out of the remaining 23 places in our study of Alaska with quotes lower than the state average, all had rates within 2% of the state average.

The five places with the most expensive motorcycle insurance data included some of the largest cities in Alaska, a trend that was common throughout similar studies in other states. The place with the most expensive rates was Eagle River, where quotes for our sample policy were 9.6% higher than the state average.

Rank

CityAverage Annual Rate% Difference vs State Average

1

Eagle River$4269.6%

2

Fairbanks4187.5%

3

Anchorage4074.7%

4

Ester4074.7%

5

Juneau3982.3%

Eagle River, AK

Eagle River is a community within Anchorage, between the military Joint Base Elmendorf-Richardson and Chugach State Park in the Chugach Mountains. Over 22,000 people live Eagle River, which is know as a hub for shopping and events that attracts local from neighboring cities. Motorcycle insurance quotes for our sample policy in Eagle River were 9.6% higher than the state average.

Fairbanks, AK

The largest city of inland Alaska is Fairbanks, the seat of the Fairbanks North Star Borough. Commonly known as America’s coldest city, Fairbanks welcomes tourists and athletes to its much-anticipated annual cross-country skiing tournaments. It’s home to more than 32,000 residents. Quotes for our sample motorcycle insurance policy were 7.5% higher than the Alaska average.

Anchorage, AK

Anchorage is a unified home rule municipality near the center of the state of Alaska. It is the state’s most populous city with nearly 300,000 residents and named an All-America City and the Most Tax-Friendly City in the U.S. It’s also internationally known for the Iditarod Trail Sled Dog Race which happens every year. Motorcycle insurance rates in Anchorage were 4.7% higher than the state average.

Ester, AK

Ester is a census-designated place in Fairbanks North Star County in central Alaska. Although, it is zoned as rural despite its proximity to the State’s second largest city. Originally a gold mining camp, Ester’s community of over 2,500 has built the area’s new economy on strong art and cultural experiences. Motorcycle insurance quotes in Ester were 4.7% higher than the state average.

Juneau, AK

The city and borough of Juneau is a unified municipality located on the Gastineau Channel in Alaska’s panhandle. It is the second largest city in the United States by area but has a population of only about 32,000 residents. As the capital of Alaska, Juneau’s primary employer is the local government offices. In this region of rugged terrains, motorcycle insurance rates were 2.3% higher than the state average.

Average Cost of Motorcycle Insurance Rates in Alaska: By City

This comparative study of motorcycle insurance premiums in Alaska was done by gathering and analyzing quotes from three major carriers across 33 municipalities and census-designated places. Our analysis showed premiums quoted for the most expensive place were 23.8% more expensive than the cheapest.

Motorcycle Insurance Rates in Alaska

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Study Methodology

Our study analyzed motorcycle insurance quotes for a sample policy and rider across 33 municipalities and census-designated places in the state of Alaska. The quotes we gathered were from three major carriers: Progressive, GEICO and Markel. The rider we gathered quotes from was a 45-year-old male who was married and living in Alaska. He had completed a motorcycle training course, and had a clean driving record. The policy itself included bodily injury protection $100,000 per person/$300,000 per accident and $50,000 in property damage coverage. The deductibles for both Comprehensive and Collision coverage were $500.

The motorcycle used when gather quotes was a Harley Davidson Street Glide (1690cc) with no anti-theft device installed.

Rank

CityAverage Annual Rate% Difference vs State Average

Alaska Average$3880.0%

30

Anchorage4074.7%

21

Barrow387-0.6%

22

Bethel387-0.6%

2

Cordova383-1.6%

3

Delta Junction383-1.6%

26

Dutch Harbor3982.2%

33

Eagle River4269.6%

31

Ester4074.7%

32

Fairbanks4187.5%

4

Girdwood383-1.6%

5

Haines383-1.6%

6

Homer383-1.6%
28Juneau3982.3%

7

Kalifornsky383-1.6%

8

Kenai383-1.6%

25

Ketchikan3941.3%

1

Knik-Fairview344-11.5%

9

Kodiak383-1.6%

23

Kotzebue387-0.6%

10

Nikiski383-1.6%

24

Nome387-0.6%

11

Palmer383-1.6%

12

Petersburg383-1.6%

13

Seldovia383-1.6%

14

Seward383-1.6%

15

Sitka383-1.6%

16

Skagway383-1.6%

17

Soldotna383-1.6%

29

Sterling3982.3%
18Talkeetna383-1.6%

27

Unalaska3982.2%
19Valdez383-1.6%
20Wasilla383-1.6%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Chris Moon

Chris is a Product Manager for ValuePenguin with years of experience in addressing critical questions about mortgages and homeowners insurance. He spends his time evaluating insurance providers and policy features to understand where consumers might find the most cost-effective coverage. Chris has contributed insights to the New York Times and many other publications.

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.