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Best & Cheapest Alaska Car Insurance as Rated by Customers in 2020

4.67 ★★★★★
4579 customer reviews
rated their claim's experience positively
4.19 ★★★★★
461 customer reviews
rated their claim's experience positively
4.13 ★★★★★
16886 customer reviews
rated their claim's experience positively
4.09 ★★★★★
2059 customer reviews
rated their claim's experience positively
4.03 ★★★★★
7149 customer reviews
rated their claim's experience positively
3.93 ★★★★★
746 customer reviews
rated their claim's experience positively
3.89 ★★★★★
143 customer reviews
rated their claim's experience positively
3.74 ★★★★★
545 customer reviews
rated their claim's experience positively
3.58 ★★★★★
239 customer reviews
rated their claim's experience positively

While we see advertisements from car insurance companies on a daily basis promising low rates or great coverage, it can be tough to truly know which is the best Alaska car insurance company for you. Unless you’ve had a car insurance policy from a company previously, how can you know how they treat their policyholders? Our hope at Clearsurance is to help you better understand how a company performs before you even purchase a policy so you can select the best auto insurance in Alaska. With thousands of car insurance reviews from unbiased policyholders, we have reviews and rankings for hundreds of car insurance companies so you can evaluate and compare the best Alaska car insurance companies.

In the table above, you can sort through all the Alaska car insurance companies ranked on Clearsurance. The rating next to each company — the insurer’s Clearsurance score — is based exclusively on the ratings provided by customers. Note: Only those companies with at least 25 car insurance reviews are eligible to appear in the best Alaska car insurance rankings.

Interested in learning more about one of these Alaska car insurance companies? You can visit the company’s profile page to find out what additional coverages they offer, any discounts they offer and read car insurance reviews to learn from the experiences of other policyholders.

On this page:

Who offers the cheapest teen car insurance rates in Alaska?

Teen drivers in Alaska seeking the cheapest car insurance rates are in luck: the state has lower average auto premiums than most other states in the country. So of the five companies with the highest market share in the state, which have the cheapest car insurance rates? USAA, a military only insurer, has the cheapest teen car insurance rates, followed by Allstate.

Company Female teen rates Male teen rates
Allstate Insurance $750 $807
Geico $1,046 $1,195
Progressive $2,193 $2,403
State Farm Insurance Company $918 $1,073
USAA $609 $643

These rates are based on profiles for 18-year-old male and female drivers in Alaska. The car used was a 2015 Honda Civic EX. We used the minimum car insurance state limits. The rates displayed should only be used for comparative purposes as individual rates in Alaska will differ. Rate data is provided by Quadrant Information Services.

Who offers the cheapest car insurance rates for a married couple in Alaska?

USAA has slightly cheaper average car insurance rates for a married couple in Alaska than Geico, making it the cheapest car insurance option among these five companies. Keep in mind, USAA is only eligible to active and former military members and their family members.

Company Married couple rates
Allstate Insurance $1,940
Geico $1,302
Progressive $1,481
State Farm Insurance Company $1,674
USAA $1,253

These rates are based on a 35-year-old married couple with two drivers and two vehicles on a policy. The cars used were two 2015 Toyota Highlander LEs. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The drivers had 1 driving incident within the past 3 years and they both have a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Alaska will differ. Rate data is provided by Quadrant Information Services.

Who offers the cheapest senior car insurance rates in Alaska?

For senior drivers in Alaska, the cheapest car insurance option among the five companies we analyzed is USAA. USAA's average car insurance rates for the senior driver profile we used was $613 for females and $608 for males.

Company Female senior rates Male senior rates
Allstate Insurance $1,336 $1,336
Geico $883 $883
Progressive $746 $780
State Farm Insurance Company $695 $695
USAA $613 $608

These rates are based on profiles for 65-year-old male and female drivers. The car used for each was a 2015 Toyota Camry LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The drivers had zero incidents within the past three years and a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Alaska will differ. Rate data is provided by Quadrant Information Services.

10 Cheapest areas in Alaska for car insurance

The cheapest area in Alaska for car insurance is Port Alexander. While car insurance rates vary by state, they also vary by city and even vary down to the neighborhood you live in. In the table below, you can see the top 10 cheapest areas in Alaska for car insurance for single adults.

Area Car insurance rates
Port Alexander $1,063
Sitka $1,063
Angoon $1,065
Kake $1,066
Tenakee Springs $1,066
Pelican $1,070
Petersburg $1,071
Douglas $1,073
Hoonah $1,077
Gustavus $1,077

These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had 1 driving incident within the past 3 years and had a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Alaska will differ. Rate data is provided by Quadrant Information Services.

10 Most expensive areas in Alaska for car insurance

Alaska residents may see the most expensive car insurance rates if they live in the area of Chugiak. The cost of car insurance may be more expensive in certain areas of Alaska based on the factors of driving behavior in the area, frequency of accidents and crime rate. These factors can cause Alaska car insurance rates to be more expensive in certain cities and even areas within the city. The table below displays the top 10 most expensive areas in Alaska for car insurance for a single adult.

Area Car insurance rates
Chugiak $1,533
Eagle River $1,527
Anchorage $1,524
Indian $1,502
Jber $1,492
Big Lake $1,460
Palmer $1,459
Girdwood $1,459
Sutton $1,443
Wasilla $1,414

These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had 1 driving incident within the past 3 years and had a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Alaska will differ. Rate data is provided by Quadrant Information Services.

Minimum car insurance coverage and limits in Alaska

Alaska requires drivers to purchase liability insurance. The state’s minimum coverage limits are detailed below, but you should keep in mind that these are called minimums for a reason. These amounts likely would not be enough to cover you in a costly accident, so it’s wise to consider purchasing higher limits.

Alaska drivers also should consider purchasing some of the optional insurance coverages available in the state. Comprehensive coverage will protect your vehicle from damages caused by things like hail, theft and vandalism, as well as other non-accident related damages. Did you know that Anchorage has the highest car theft rate per capita in the country?

Purchasing collision coverage would cover the damages to your car after a collision with another car, a collision with a stationary object or a single-car accident.

Additional optional coverages include medical payments, roadside assistance and uninsured/underinsured motorist coverage. You can learn more about all these coverages here.

Alaska state minimum requirements:

Liability:

  • Bodily injury — $50,000 per person
  • Bodily injury — $100,000 per accident
  • Property damage — $25,000 per accident

Bodily injury liability provides coverage for injuries sustained by the other vehicle’s driver and passengers if you are held responsible for an accident. This coverage also kicks in to defend you in the event of any legal claims.

Property damage liability provides coverage in the event you damage someone else’s property in a car accident, most commonly the other vehicle, but also things like a home or fence.

Alaska’s uninsured motorist percentage

Alaska does not require drivers to obtain uninsured/underinsured motorist coverage, but this protection is worth considering. Uninsured/underinsured motorist coverage is available for both bodily injury and property damage. It provides coverage if you are in an accident caused by a driver without insurance or without sufficient insurance coverage, or a hit-and-run driver.

In Alaska, 15.4 percent of drivers lack auto insurance, according to 2015 data from the Insurance Information Institute.

How car insurance rates are calculated in Alaska

When searching and comparing quotes from the best auto insurance companies in Alaska, it can be frustrating trying to understand how your insurance rates are calculated. While there is no exact formula that each car insurance company uses when providing you a quote, there are many factors that do contribute to the price you pay for your insurance. Among the factors that car insurers consider are:

  • Your driving record
  • How much you drive
  • Location
  • Age
  • Marital status
  • Gender
  • Your car’s make, model and year
  • Your credit history
  • Amount of car insurance coverage (required coverage and optional add-ons, such as collision and comprehensive)

One of the biggest misunderstandings when it comes to insurance rates is that the history of drivers in your area also contributes to how much you pay. For instance, even if you go two years without an accident, if there were a lot of accidents near you recently, your rates might still go up. Why is that the case?

Insurance companies disperse risk across all policyholders so that when it comes time to pay a claim, they have enough money to pay out. But imagine a scenario where they only raised rates for drivers with an accident. For drivers who had an expensive claim, the drivers simply wouldn't be able to afford the raised rates that are based off how much their insurer had to pay after an accident. So instead, insurance companies slightly increase rates across the board to offset the costs, though of course the at-fault driver may see a larger increase.

How to save money on your car insurance in Alaska

At the end of the day, we’d all like to have the best coverage at a cheap, affordable price from one of the best Alaska car insurance companies. While you never want to sacrifice quality to save a couple of dollars, there are some different ways you can lower your car insurance premium.

Here are six ways you may be able to lower your car insurance rates:

  • Bundle your car insurance with other policies
  • Consider raising your deductibles
  • Pay your car insurance policy in full
  • Try usage-based car insurance
  • Monitor price changes to your policy
  • Shop for better insurance rates

How Clearsurance rates and ranks the best car insurance companies in Alaska

Consistent with its mission towards greater transparency, Clearsurance does not keep its rating and ranking formulas in a black box. Our algorithm analyzes a range of inputs from our independent community of insurance customers, including:

  • Price
  • Customer Service
  • Claim service
  • Likelihood to renew

The algorithm also takes into account the percentage of what customers say the company does well vs. the percentage of what customers say the company could do better.

The Clearsurance customer ratings and rankings are derived entirely from customer reviews and ratings.

Car insurance guide

Whether you’re buying your insurance direct or going through an agent, understanding the different car insurance coverage options is a must. Do you know what is covered by comprehensive coverage? Are you familiar with uninsured motorist coverage? Do you know how a deductible works?

We want to make sure you’re equipped with a proper knowledge of car insurance, so check out our car insurance guide. Looking for more educational information about car insurance? Check out our car insurance blog for more information and topics related to car insurance.