The Best Car Insurance Companies in Alaska
Alaska is the biggest state in the country, but has one of the lowest populations, which helps keep car insurance rates below the national average. Alaska is an at-fault state and requires drivers to maintain minimum amounts of car insurance in order to protect themselves and other drivers on the road.
We carefully screened each provider’s options to find the best auto insurance companies in Alaska. Using our proprietary scoring model, we analyze each company’s offerings, along with critical factors like affordability, customer support, coverage options, customer satisfaction scores and online resources.
The 4 Best Auto Insurance Companies in Alaska
- Allstate: Best for Coverage Options
- Geico: Best for Mobile Tools
- Progressive: Best for Discounts
- State Farm: Best for Budget
Compare the Top Car Insurance Companies in Alaska
| Average Price for State Minimum* | Average Price for Full Coverage* | AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. POWER OVERALL CUSTOMER SATISFACTION** J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|---|
| Pin Allstate | $598 | $3,526 | A+ | 810/1,000 | |
| Pin Geico | $282 | $1,284 | A++ | 834/1,000 | |
| Pin Progressive | $436 | $1,247 | A+ | 821/1,000 | |
| Pin State Farm | $316 | $1,190 | A++ | 814/1,000 |
Information accurate as of 12/03/2020.
* Data provided by Bankrate.com
**J.D. Power’s 2020 U.S. Auto Insurance Study rating for the Northwest region. Based on a 1,000-point scale.
Allstate
Best for Coverage Options
Why we chose it
Why we chose it
Pros
- Tons of coverage options
- 24/7 claims service
- Many ways to save
Cons
- Poor customer satisfaction ratings
- Policies can be pricey
- Average customer service
Types of Coverage Offered
- Collision coverage
- Comprehensive coverage
- Liability coverage
- Medical payments coverage
- Personal injury protection
- Personal umbrella policy
- Rental reimbursement coverage
- Roadside coverage
- Sound system insurance
- Uninsured and underinsured motorist coverage
Discounts Available
- Anti-lock brake discount
- Anti-theft device discount
- Automatic withdrawal discount
- Early signing discount
- Full-pay discount
- Multi-policy discount
- New car discount
- Paperless discount
- Responsible payer discount
- Safe driver discount
- Smart student discount
Further Reading on Allstate:
Geico
Best for Mobile Tools
Why we chose it
Why we chose it
Pros
- Available in all states
- Affordable premiums
- Excellent accessibility
Cons
- Some coverage is outsourced
- Few in-person agents
- No gap insurance option
Types of Coverage Offered
- Bodily injury
- Property liability coverage
- Collision coverage
- Comprehensive coverage
- Uninsured and underinsured liability coverage.
- Medical payments
- Personal injury protection coverage
- Gap insurance for leased vehicles only
- Mechanical breakdown insurance
- Rideshare insurance
- Emergency road service
- Accident forgiveness
- Glass coverage
- Rental reimbursement
Discounts Available
- Federal employee
- Military
- Driving history
- Defensive drivers
- Student
- Pay-in-full
- Membership
- Employee
- Multi-policy
- Multiple vehicle
- Safety equipment
Further Reading on GEICO:
Progressive
Best for Discounts
Why we chose it
Why we chose it
Pros
- Tons of discounts available
- Excellent mobile tools
- Few complaints relative to size
Cons
- Mediocre customer satisfaction
- Some regional restrictions
- Limited discounts
Types of Coverage Offered
- Liability
- Comprehensive
- Collision
- Uninsured motorist
- Medical payments and liability
- Roadside assistance
- Gap insurance
- Rental car reimbursement
- Custom parts and equipment coverage
- Rideshare coverage
- Deductible savings bank
Discounts Available
- Multi-policy
- Multi-vehicle
- Continuous insurance
- Snapshot® program
- Teen driver
- Good student
- Distant student
- Homeowner
- Online quote
- Sign online
- Paperless billing
- Pay in full
- AutoPay
Further Reading on Progressive:
- Progressive auto insurance review
- Progressive homeowners insurance review
- Progressive renters insurance review
State Farm
Best for a Budget
Why we chose it
Why we chose it
Pros
- In-person agent support
- Multiple discount options
- Strong financial ratings
Cons
- Limited coverage options
- Below-average customer ratings
Types of Coverage Offered
- Collision
- Comprehensive
- Liability
- Car rental and travel expenses
- Uninsured motor vehicle
- Underinsured motor vehicle
- Medical payments
- Emergency roadside
- Rideshare driver
- Teen drivers
- Antique and classic car
- Sports cars
- Commercial auto
- Rental car and travel expenses coverage
- Roadside assistance coverage
Discounts Available
- Accident-Free
- Defensive-Driving Course
- Student Away at School
- Good Driving
- Driver Training
- Good Student
- Vehicle Safety
- Passive Restraint
- Anti-Theft
- Multiple Auto
- Multiple Line (or Policy)
- Drive Safe & Save™
- Stear Clear® for drivers under 25
Further Reading on State Farm:
- State Farm auto insurance review
- State Farm homeowners insurance review
- State Farm renters insurance review
*Data provided by Bankrate.com.
**J.D. Power’s 2020 U.S. Auto Insurance Study rating for Northwest region. Based on a 1,000-point scale.
The Average Cost of Car Insurance in Alaska
The average cost of car insurance in Alaska is $1,559 per year for a full coverage policy. If you opt for the state minimum liability policy, the average car insurance policy costs $373 per year for the year. These rates are lower than the national annual averages of $1,674 for full coverage and $565 for minimum coverage. We used 2021 data from Bankrate.com in our analysis.
The exact cost of your insurance policy may vary. This depends on factors like where you live, such as local weather hazards, crime rates and the number of uninsured drivers in your state. Traditional factors, such as your credit score, the car you drive and how much you drive each year, will also impact how much you pay each year for auto insurance in Alaska.
Top 3 Cheapest Car Insurance Companies in Alaska
| Company | Average Annual Full Coverage Premium* |
| USAA | $1,069 |
| State Farm | $1,190 |
| Progressive | $1,247 |
* Data provided by Bankrate.com
Top 3 Most Expensive Car Insurance Companies in Alaska
| Company | Average Annual Full Coverage Premium* |
| Geico | $3,526 |
| Western National | $1,315 |
| Allstate | $1,284 |
* Data provided by Bankrate.com
Top 3 Cheapest Cities for Car Insurance in Alaska
| City | Average Annual Full Coverage Premium* |
| Sitka | $1,250 |
| Petersburg | $1,259 |
| Douglas | $1,259 |
* Data provided by Bankrate.com
Top 3 Most Expensive Cities for Car Insurance in Alaska
| City | Average Annual Full Coverage Premium* |
| Anchorage | $1,777 |
| Chugiak | $1,738 |
| Eagle River | $1,731 |
* Data provided by Bankrate.com
Guide to Alaska Car Insurance
The Insurance Information Institute reports that over 15% of drivers in Alaska do not have car insurance. While it may not seem like a lot, if you happen to collide with one of them, the consequences could be expensive without the right auto insurance coverage.
Car Insurance Add-Ons That May Further Protect You
There are some auto insurance coverages that you should consider adding”
- Medical coverage: This protection will pay for the costs of your medical bills and other expenses related to your accident, such as deductibles and funeral expenses.
- Personal injury protection (PIP): PIP coverage is very similar to medical coverage but it offers more expanded coverage, paying for additional losses relating to things like lost wages and childcare.
- Uninsured/underinsured motorist coverage: This is a kind of car insurance in Alaska that is required of drivers. It protects you from a collision with an at-fault driver who does not have insurance or doesn’t have enough to cover the damages.
- Uninsured motorist property damage: Similar to underinsured motorist coverage, this kind of coverage will protect you if there are property damages during an accident with an uninsured driver.
Alaska Minimum Insurance Requirements
As a driver, there are some minimum insurance requirements in Alaska that you will have to meet. The state requires that its drivers maintain basic liability insurance that includes the following minimum coverage requirements:
- $50,000 for bodily injury per person
- $100,000 for bodily injury per accident
- $25,000 for property damage
- $50,000 uninsured/underinsured motorist bodily injury per person
- $100,000 uninsured/underinsured motorist bodily injury per person
- $25,000 underinsured motorist property damage
However, there are some counties in Alaska where car insurance is not required. While we always recommend car insurance to best protect yourself, you can check the complete listing of exempt counties from the Alaska Division of Motor Vehicles.
Alaska’s At-Fault Law
Alaska is an at-fault state, which means that whoever caused the accident is responsible for paying the expenses associated with that accident. This can include everything from car damages and personal injuries to medical bills and other losses. If you are a driver in Alaska, you will need to purchase the minimum amount of required auto insurance in order to comply with state law.
Alaska Car Insurance FAQ
Methodology
Reviews.com reviews products, services and companies based on five criteria to help readers understand how companies compare based on similar metrics. For the best car insurance companies, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores and online resources from each company to determine top providers.
As for average pricing, we used Bankrate.com’s data of car insurance in Alaska, based on the profiles of a 40-year male and female. For full coverage, the details used were the following:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
About the Authors
Lena Borrelli is a freelance writer for Reviews.com. Over the last year, she has covered insurance, finance, and more. She has been featured in TIME with NextAdvisor, Bankrate, The Simple Dollar, MYMOVE, Million Mile Secrets, Coverage.com and more. My favorite article is “How to Invest in Real Estate During COVID?” on Reviews.com.
