The average cost of full car insurance in Anchorage, Alaska is $1,648, which is $255 more expensive per year than the average cost in Alaska. But drivers in Anchorage can save money on car insurance by comparing quotes from multiple companies before picking a policy.
Policygenius makes it easy to see what you’ll pay for coverage from top companies, so you can choose the policy that’s best for you.
Methodology & why you can trust our rates
Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:
Bodily injury liability: 50/100
Property damage liability: $50,000
Uninsured/underinsured motorist: 50/100
Comprehensive: $500 deductible
Collision: $500 deductible
In some cases, additional coverages were added where required by state or insurer.
Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.
Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
Cheapest car insurance companies in Anchorage, AK
What you’ll pay for car insurance depends on lots of different factors, like your age, driving history, address, even your marital status. But rates can also vary from company to company, which is why it’s important to compare quotes before you buy a policy.
Company | Average cost | JD Power Rating |
|---|---|---|
USAA | $79/month | 890 |
GEICO | $94/month | 874 |
State Farm | $108/month | 882 |
Umialik | $142/month | -- |
Allstate | $187/month | 889 |
Cheapest car insurance rates by ZIP code in Anchorage, AK
Car insurance rates can vary widely within the same city, based on things like the number of accidents and claims in your area, as well as things like average repair costs and even the number of cars on the road.
ZIP code | Average cost |
|---|---|
99516 | $1,618 |
99530 | $1,642 |
99515 | $1,643 |
99517 | $1,643 |
99502 | $1,644 |
99529 | $1,645 |
99503 | $1,647 |
99513 | $1,648 |
99501 | $1,648 |
99599 | $1,649 |
Choosing the right car insurance company in Anchorage, AK
There’s no one right car insurance company for every driver, so the best way to find the right car insurance company for you is to compare quotes from multiple top companies and choose an option that gets you the coverage you need at an affordable rate.
Policygenius makes it easy to see what you’ll pay for coverage from top car insurance companies, so you can feel confident you’re making the right choice.
Car insurance rates for drivers with driving violations in Anchorage, AK
Any accidents or violations on your driving record will mean paying more for car insurance, but some infractions will cost you more than others. A DUI or an at-fault accident can increase your rates by hundreds of dollars a year.
Violation | USAA | GEICO | State Farm | Umialik | Allstate |
|---|---|---|---|---|---|
At-fault accident | $1,443 | $1,829 | $1,524 | $1,938 | $3,476 |
Suspended license | $1,797 | $2,482 | $1,400 | $1,938 | $3,308 |
Open container | $1,511 | $2,142 | $1,400 | $1,938 | $2,784 |
Expired registration | $1,294 | $1,337 | $1,400 | $1,938 | $2,784 |
Driving without lights | $1,135 | $1,367 | $1,400 | $1,938 | $2,784 |
Running a red light | $1,294 | $1,367 | $1,400 | $1,938 | $2,784 |
Following too closely | $1,294 | $1,367 | $1,400 | $1,938 | $2,784 |
Hit and run | $1,899 | $2,482 | $1,400 | $1,938 | $3,308 |
Not-at-fault accident | $1,002 | $1,108 | $1,310 | $1,938 | $2,328 |
Passing a school bus | $1,511 | $1,367 | $1,400 | $1,938 | $2,784 |
Reckless driving | $1,511 | $2,482 | $1,400 | $1,938 | $3,308 |
Cheapest car insurance for drivers with a DUI in Anchorage, AK
Company | Rates for drivers with DUIs |
|---|---|
State Farm | $1,400 |
USAA | $1,850 |
Umialik | $1,938 |
GEICO | $2,142 |
Allstate | $3,308 |
Cheapest car insurance for drivers with a speeding ticket in Anchorage, AK
Company | Rates for drivers with speeding tickets |
|---|---|
USAA | $1,294 |
State Farm | $1,400 |
Umialik | $1,938 |
GEICO | $2,482 |
Allstate | $2,784 |
Cheapest car insurance for drivers with bad credit in Anchorage, AK
A poor credit rating can increase your car insurance premiums, so Anchorage drivers with bad credit should take extra time to shop around before picking a policy.
Company | Rates for drivers with bad credit |
|---|---|
USAA | $1,719 |
GEICO | $2,130 |
State Farm | $2,525 |
Umialik | $2,945 |
Allstate | $3,032 |
Buying car insurance in Anchorage, AK
Alaska requires all drivers to meet the following minimum coverage levels for car insurance, although most drivers will require more coverage than the state mandated minimums.
Bodily injury liability coverage per person: $50,000
Bodily injury liability coverage per accident: $100,000
Property damage liability coverage: $25,000
Alaska is an at fault state. This means that the insurance company of the driver found responsible for the accident will pay for the other party’s medical bills or repair costs.
How to get cheap car insurance in Anchorage, AK
Know your needs. Understand what coverage you need and how much you can afford.
Research discounts: Take advantage of savings for things like paying your annual premium in full, being a good student, or insuring multiple cars.
Bundle your policies: Get your home and auto insurance from the same company and save on both policies.
Shop around: That’s the best way to get a low price on car insurance
Frequently asked questions
Is car Insurance mandatory in Alaska?
Yes, It is illegal to not maintain car insurance coverage in Alaska, and the penalties are severe compared with many states. A first offense for driving without insurance is a $500 fine, with 30 days to provide proof of insurance at the time of the citation. Failure to do so results in a 90-day license suspension. Future violations within 10 years can mean more severe penalties, including additional fines and a license suspension of one year.
How often should I update my coverage in AK?
Your insurance needs can change often, and you should update your coverage anytime you have a relevant change. A new vehicle, marriage, divorce, or an added driver may all require a change to your policy.
How much is car insurance per month in Alaska?
Drivers in Alaska pay an average of $1,393 per year for car insurance, which breaks down to $116 per month.
Do you need proof of insurance to register a vehicle in Alaska?
Proof of insurance is a requirement to register your car in Alaska. You will also need your vehicle's title, an application for title and registration (form 812), and any applicable fees.
