Alaska Auto Insurance [Rates + Cheap Coverage Guide]
Alaska car insurance has plenty of options in terms of companies. Here's what to know about car insurance for Alaska drivers.
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Written by
Rachel Bodine
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Reviewed by
Daniel Walker
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UPDATED: Jun 20, 2022
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- Alaska drivers must carry 50/100/25 in terms of bodily injury liability per person, bodily injury liability per accident, and property damage
- Residents in Alaska pay an average of around $90 per month for a low-coverage auto insurance policy
- Nearly 15% of drivers in Alaska are driving uninsured or underinsured
| Alaska Statistics Summary | Statistics |
|---|---|
| Road Miles 2015 | Total in State: 16,129 Vehicle Miles Driven: 5,045 Million |
| Vehicles 2015 | Registered: 783,169 Total Stolen: 2,046 |
| State Population | 737,438 |
| Most Popular Vehicle | F-150 |
| Percentage of Motorists Uninsured | 15.40% State Rank: 11th |
| Driving Deaths | Speeding (2008-2017) Total: 253 Drunk Driving (2008-2017) Total: 207 |
| Average Premiums 2015 (Annual) | Liability: $539.68 Collision: $350.81 Comprehensive: $137.26 Combined Premium: $1,048.60 |
| Cheapest Provider | State Farm Mutual Auto |
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Drivers in Alaska have to carry liability coverage. Because of the terrain and unique setting, some areas of Alaska are at a higher risk for car accidents and damage. This means that liability requirements in Alaska are higher than those in many other states.
If you own a car in Alaska, you must carry the proper auto insurance coverage. But you can shop online to compare and find affordable quotes from companies in your area to find Alaska auto insurance rates that fit your budget.
Table of Contents
What are Alaska’s car insurance requirements?
Alaska car insurance requirements are straightforward. Drivers in Alaska have to carry the state’s minimum coverage to be able to drive legally. Keep in mind that requirements for coverage in Alaska only cover liability insurance.
If you live in Alaska, you must have the following auto insurance coverage:
- $50,000 in bodily injury liability per person
- $100,000 in bodily injury liability per accident
- $25,000 in property damage coverage
This liability coverage may sound like a lot. Still, if drivers in Alaska are in a multi-car accident or if someone is seriously injured due to an accident, people in Alaska who only carry the state’s minimum requirements for coverage could be in a lot of trouble.
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How much is car insurance in Alaska?
Auto insurance in Alaska is not very expensive if you are simply looking for liability coverage. Still, car insurance in Alaska can cost more if you have a bad driving record or are a new driver who poses more risk.
The amount you will pay for car insurance in Alaska will depend on several different factors, such as:
- Age
- Gender
- ZIP Code
- Car make and model
- Driving history
- Credit score
- Occupation
- Marital status
Where you live in Alaska depends on how much you will pay for auto insurance coverage. The table below shows the average cost of car insurance in each of the state’s ZIP codes.
Alaska ZIP Codes
Most Expensive ZIP Codes Average Least Expensive ZIP Codes Average
Anchorage 99504 $3,132.74 Meyers Chuck 99903 $2,469.18
Chugiak 99567 $3,124.36 Wrangell 99929 $2,471.16
Eagle River 99577 $3,111.36 Hyder 99923 $2,468.39
Anchorage 99508 $3,101.13 Hydaburgh 99922 $2,465.25
Palmer 99645 $3,091.71 Thorne Bay 99919 $2,456.86
Anchorage 99502 $3,086.19 Point Baker 99927 $2,455.82
Anchorage 99507 $3,083.15 Ketchikan 99901 $2,438.02
Anchorage 99518 $3,080.49 Coffman Cove 99918 $2,438.02
Anchorage 99503 $3,074.51 Ward Cove 99928 $2,438.02
Anchorage 99599 $3,074.51 Juneau 99801 $2,391.42
Anchorage 99501 $3,074.22 Juneau 99811 $2,391.42
Anchorage 99513 $3,074.22 Auke Bay 99821 $2,391.42
Anchorage 99529 $3,074.22 Sitka 99835 $2,371.90
Big Lake 99652 $3,072.96 Port Alexander 99836 $2,371.90
Wasilla 99654 $3,072.96 Elfin Cove 99825 $2,370.52
Anchorage 99515 $3,072.50 Skagway 99840 $2,370.50
Anchorage 99517 $3,068.87 Haines 99827 $2,357.96
Anchorage 99530 $3,068.87 Gustavas 99826 $2,355.81
Sutton 99674 $3,060.28 Douglas 99824 $2,351.46
Anchorage 99516 $3,056.41 Petersburg 99833 $2,351.30
Indian 99540 $3,026.69 Kake 99830 $2,348.31
Jber 99505 $3,012.68 Pelican 99832 $2,348.31
Jber 99506 $2,988.70 Tenakee Springs 99841 $2,348.31
Willow 99688 $2,957.31 Hoonah 99829 $2,348.11
Houston 99694 $2,957.31 Angoon 99820 $2,335.97
As you can see, full coverage Anchorage auto insurance costs around $3,135 annually, while a full coverage policy in Angoon is just $2,335. Full coverage costs substantially more than a liability-only policy, but it will provide both collision and comprehensive coverages to help make sure you are better protected.
If you believe your Alaska car insurance rates are higher than they should be, you can shop around for coverage to see if other companies are willing to offer you the coverage types you want at a price that works for you.
What happens if I drive uninsured or underinsured in Alaska?
Around 15% of drivers in Alaska do not have proper auto insurance coverage. While this number may not sound all that high, uninsured drivers can do a lot of damage if they are ever at fault in a car accident.
If you are caught driving without proper insurance in Alaska, you could risk:
- Having your driver’s license suspended
- Having your vehicle impounded
- Receiving a fine from local law enforcement
Some drivers purchase additional auto insurance coverage to ensure they will not be in a bad situation if they’re in an accident with an uninsured driver. In addition, you can buy uninsured/underinsured motorist coverage in Alaska for reasonably cheap.
Uninsured and underinsured motorist coverage costs around $50 to $70 annually, adding around $25,000 per person and $50,000 per accident to your policy.
What are the best car insurance companies in Alaska?
While the best auto insurance provider in Alaska will depend on what you’re looking for and the individual rates each company can offer, many residents agree that a few companies provide better coverage at better rates.
Some of the state’s top auto insurance providers include:
- State Farm
- Progressive
- Allstate
- GEICO
- USAA
- Umialik
- Liberty Mutual
To find the company that works best for you, you should shop around for coverage online to see what your options are. Then, once you’ve narrowed your search down to a few different companies, you can reach out to each provider to see if you qualify for any discounts on coverage.
Car Insurance in Alaska: The Bottom Line
If you are searching for Alaska car insurance, you will find that you have plenty of options in terms of companies. However, it would help if you first decided on the types of coverage you want to include in your policy.
Alaska drivers looking for a liability-only policy could pay less than $600 per year for coverage. But remember that you and your vehicle will not be covered if you’re deemed at fault in a car accident.
Full coverage policies in Alaska can cost anywhere from $2,000 to $3,500 annually and provide drivers with both collision and comprehensive coverage. Because around 15% of Alaska drivers do not have proper insurance, you may want to consider adding uninsured/underinsured motorist coverage to your policy as well.
To find the best car insurance company in Alaska, you must shop and compare quotes from multiple policies. Doing so will help you get the coverage you need without paying too much for car insurance.