Best Anchorage, AK Auto Insurance in 2024 (Ranking of the Top 10 Companies)
State Farm, Geico, and Progressive are the top providers of the best Anchorage, AK auto insurance, with average monthly rates of $70. These top insurance companies in Anchorage can offer cheaper vehicle insurance coverage. They are renowned for delivering quality customer services and comprehensive coverage.
Free Auto Insurance Comparison
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Eric Stauffer
Licensed Insurance Agent
Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...
Licensed Insurance Agent
UPDATED: Oct 30, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Company Facts
Full Coverage in Anchorage AK
A.M. Best Rating
Complaint Level
Company Facts
Full Coverage in Anchorage AK
A.M. Best Rating
Complaint Level
Company Facts
Full Coverage in Anchorage AK
A.M. Best Rating
Complaint Level
The factors range from simple evaluation that includes a history of traffic offenses, type of vehicle, and car insurance discounts with the desire to reduce alternative rates to a minimum that matches one’s budget. Choose the top auto insurance policy by soliciting quotes from multiple providers.
Our Top 10 Company Picks: Best Anchorage, AK Auto Insurance
Company Rank UBI Savings A.M. Best Best For Jump to Pros/Cons
#1 30% B Reliable Coverage State Farm
#2 25% A++ Affordable Rates Geico
#3 30% A+ Innovative Discounts Progressive
#4 40% A+ Comprehensive Protection Allstate
#5 30% A++ Military Families USAA
#6 30% A Flexible Policies Liberty Mutual
#7 40% A+ Accident Forgiveness Nationwide
#8 15% A Rideshare Drivers Farmers
#9 20% A Loyalty Discounts American Family
#10 20% A++ Safe Drivers Travelers
Are you in the market for auto insurance in Anchorage, AK? At AutoInsuranceEZ.com, you can get affordable insurance rates where you live. To acquire free car insurance quotes from the best providers today, type your zip code into the quote box on this page.
- State Farm is the best Anchorage, AK auto insurance at $70/month
- Geico and Progressive offer affordable Anchorage coverage options
- Rates depend on driving history, vehicle, and location
#1 – State Farm: Top Overall Pick
Pros
- 30% UBI Savings: State Farm lowers rates for reasonably priced Anchorage auto insurance by giving drivers participating in its Usage-Based Insurance program a 30% discount.
- Wide Availability: It is a reputable option for car insurance in Anchorage because it is available in almost every state. Read our “State Farm Auto Insurance Review” to learn more.
- Outstanding Customer Service: State Farm is a popular choice for reasonably priced vehicle insurance in Anchorage because of its reputation for excellent customer service.
- B Financial Rating: According to A.M., State Farm has a B rating. Best, guaranteeing consistency for Anchorage, AK’s top auto insurance.
Cons
- Higher-priced Premiums for Young Drivers: They charge more for younger drivers, which reduces the number of reasonably priced Anchorage car insurance options.
- Limited Savings for Low-Risk Drivers: State Farm may not offer as many savings for low-risk drivers, which could impact the best auto insurance in Alaska.
- Less Affordable Rates for High-Risk Drivers: The best auto insurance in Anchorage may be less affordable for high-risk drivers.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
#2 – Geico: Best for Affordable Rates
Pros
- Competitive Pricing: Geico gives uniformly low rates for the best car insurance in Anchorage, AK. For a thorough understanding, read our “Geico Auto Insurance Review.”
- Powerful Online Tools: Geico offers full online capabilities for easy policy management.
- Strong Claims Satisfaction: Geico enjoys a good reputation for the timing in which the company processes its claims.
- Excellent Mobile App: Geico’s app manages policies for reasonably priced vehicle insurance for Anchorage drivers.
Cons
- Limited Discounts for High-Risk Drivers: In Anchorage, premiums may increase with fewer discounts for high-risk drivers.
- Fewer In-Person Agents: Geico’s online-only approach might not be ideal for people looking for in-person assistance with their Anchorage auto insurance.
- Customer Service May Vary: Geico’s driver’s auto insurance in Anchorage has generated a variety of experiences from its customers.
#3 – Progressive: Best for Innovative Discounts
Pros
- A+ Financial Rating: A.M. gave Progressive an A+ rating. It is the best, exhibits stability and financial stability, and is the best auto insurance in Anchorage, AK.
- Snapshot Program: It incentivizes cautious drivers and helps make vehicle insurance in Anchorage cheaper.
- Quick Quotes and Easy Online Access: It offers a user-friendly online platform for quick quotes and policy management.
- Savings Diversification: Progressive is one of the major auto insurers that offer Anchorage drivers savings on various policies and automobiles.
Cons
- Increased Costs for New Drivers: They raise the cost of cheap car insurance for Anchorage drivers with less experience. Explore our “Progressive Auto Insurance Review” to learn more.
- Customer Service Inconsistencies: A few consumers have complained about inconsistent customer service from Progressive, the best vehicle insurance provider in Anchorage.
- Low In-Person Support: People who want the best auto insurance in Anchorage with in-person help might not find Progressive’s emphasis on digital support suitable.
#4 – Allstate: Best for Comprehensive Protection
Pros
- Numerous Coverage Options: Allstate provides versatility for the best vehicle insurance in Anchorage with comprehensive, liability, and collision coverage options.
- Flexible Payment Plans: Allstate also enables this for customers regarding premium payment since it allows flexibility on modes of payment.
- High-Quality Online Resources: The company has a smartphone app and great online resources. You will not find it difficult to manage policies or track claims.
- Excellent Claim Services: Known for efficient claims handling, the provider helps Anchorage drivers seeking affordable, reliable auto insurance.
Cons
- Limited Scope of Some Discounts: Many consumers may not be able to save as much money because some discounts are not available in every state.
- Low-Risk Drivers Can’t Get Many Discounts: Low-risk drivers can’t get many discounts, which could result in higher premiums.
- Customer Service Can Vary: Delays and uneven service for certain clients may impact the claims procedure as a whole. Check out our “Allstate Auto Insurance Review” article to learn more.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
#5 – USAA: Best for Military Families
Pros
- Reward Programs for Safe Driving: USAA rewards safe driving with cashback and discounts, helping drivers save money on premiums and promoting safer driving.
- Beneficial to Military Families: USAA is the best option for reasonably priced Anchorage, AK, vehicle insurance since it offers military families specialized advantages and assistance.
- 30% UBI Savings: USAA offers Anchorage car owners a 30% discount through its Usage-Based Insurance program to encourage safe driving.
- Outstanding Customer Service: USAA helps military families with claims and transactions. Read our “USAA Auto Insurance Review” for details on its top-notch customer support.
Cons
- Exclusive to Military Families: USAA benefits are reserved only for active military personnel and their families.
- Increased Costs for Specialized Coverage: USAA may charge more for specialized coverage for car owners than other insurers.
- Restricted In-Person Agent Availability: USAA provides little in-person assistance and mainly conducts business online for Anchorage drivers.
#6 – Liberty Mutual: Best for Flexible Policies
Pros
- Roadside Support: For drivers looking for the best vehicle insurance in Anchorage, AK, 24/7 roadside support offers peace of mind.
- Excellent Customer Support: Liberty Mutual provides accessible help to auto insurance clients in Anchorage, AK, through round-the-clock customer support.
- New Coverages Options: Accident forgiveness and new car replacement are among several special coverage options that Liberty Mutual has recently introduced into its auto insurance policy.
- Digital Tools for Easy Management: A very user-friendly mobile application can assist the auto insurance client in controlling his insurance policy, process claims, or making payments.
Cons
- Expensive Car Coverage: Younger or less experienced drivers could see higher premiums in Anchorage car insurance.
- Mixed Customer Reviews: Some people have reported slow and problematic claim processing, but others are very pleased.
- Limited Access: Less service might be available in rural areas, especially in Anchorage, AK. See how you can save big in our “Liberty Mutual Auto Insurance Review.“
#7 – Nationwide: Best for Accident Forgiveness
Pros
- Power Features on Mobile Apps: Through its mobile apps, Nationwide offers its policyholders easy-to-use mobile apps to access accounts, display digital ID cards, and even file claims.
- Multiple Discounts: Nationwide offers premium savings by combining house and auto insurance, installing safety gear, and getting accident forgiveness.
- Accident Forgiveness: Nationwide is the best premium auto insurance option in Anchorage because it offers accident forgiveness to qualified drivers.
- Comprehensive Coverage Options: Nationwide offers reasonably priced auto insurance in Anchorage and a range of customizable policy options.
Cons
- More Expensive Rate: Rates may be more costly for younger or inexperienced drivers in Anchorage, Alaska. Our article, “Nationwide Auto Insurance Review,” will help you learn more.
- Inconsistent Customer Service Reviews: Nationwide’s claims department has received negative feedback from some consumers, which affects the entire experience.
- Low-Risk Drivers Can Save Very Little: Fewer discounts are available for low-risk drivers, limiting the selection of auto insurance plans in Anchorage, AK.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
#8 – Farmers: Best for Rideshare Drivers
Pros
- A Financial Rating: A.M. gives Farmers a solid A rating—the best way to guarantee financial stability and the capacity to pay claims for Anchorage drivers.
- 15% UBI Savings: Based on “Farmers Auto Insurance Review,” Farmers Auto Insurance rewards safe drivers with reduced premiums by offering a 15% discount through its Usage-Based Insurance program.
- Great Coverage for Rideshare Drivers: Farmers are great for people who drive for Uber or Lyft because they offer specialized coverage for rideshare drivers.
- Numerous Coverage Alternatives: Farmers offers a range of coverage alternatives, including individualized protection programs for different types of Anchorage drivers.
Cons
- Limited Offers: Farmers might not provide as many discounts as other insurance companies, particularly for drivers who pose little risk.
- Young Drivers Pay Greater Rates: Farmers can charge younger drivers greater premiums, which may not be affordable.
- Uneven Customer Service: A few clients complain about uneven customer service, especially when processing claims.
#9 – American Family: Best for Loyalty Discounts
Pros
- Multi-Vehicle Coverage: Families in Anchorage can save money by grouping several automobiles.
- Loyalty savings: The American Family offers exclusive savings for devoted customers in Anchorage.
- Advantages for Safe Drivers: Anchorage, AK, car owners with impeccable records might receive savings for driving safely.
- Low Mileage Option: Drivers in Anchorage who travel less than a thousand miles can save money on reduced rates.
Cons
- Higher Premiums for Younger Drivers: In Anchorage, younger drivers may pay higher premiums. Read our “American Family Auto Insurance Review” to find out more.
- Unreliable Customer Service: Customers complain about claims processing delays in auto insurance in Anchorage.
- Restricted Options for Older Car Discounts: There might not be as many discounts available for older cars in Anchorage, AK.
#10 – Travelers: Best for Safe Drivers
Pros
- Strong Financial Stability: A.M. gave it an A++ rating. It is the best, guaranteeing dependable coverage for the best Anchorage, AK, vehicle insurance.
- Safe Driver Discounts: Usage-based insurance members receive 20% off, making it the ideal option for reasonably priced Anchorage vehicle insurance.
- Flexible Coverage: Numerous choices offer individualized auto insurance coverage in Anchorage, AK. For a comprehensive understanding, consult “Travelers Auto Insurance Review.”
- Rewards for Defensive Driving: Travelers add value to the cheapest Anchorage, AK auto insurance by providing extra discount incentives for people with clean driving records.
Cons
- Fewer High-Risk Driver Discounts: High-risk drivers have fewer options, which may lead to higher premiums, especially for Anchorage drivers.
- Higher Payment for Young Drivers: Young drivers may pay higher premiums, which makes them less eligible for affordable Anchorage, AK auto insurance.
- Claims Service Inconsistency: Some users complain about inadequate customer service when submitting claims.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Anchorage Auto Insurance Rates and Coverage Options
Auto Insurance Discounts From the Top Providers in Anchorage, AK
Other companies that offer good discount programs include Liberty Mutual, Nationwide, and Farmers. Liberty Mutual offers discounts to hybrid vehicle owners and military members. Nationwide promotes safe driving with its SmartRide telematics program. This discount promises you can find cheap car insurance in Anchorage, AK, to suit your needs.
Anchorage Major Car Insurance Factors
Many factors are considered when writing up an auto insurance policy in Anchorage, Alaska. While many of those factors-including your age or where you live-are out of your control, other options may be auto insurance carriers in the area.
Additionally, they ensure that your policy meets Alaska’s minimum car insurance requirements.
Your Zip Code
Automotive Accidents
Unfortunately, the number of fatal accidents in Anchorage is much higher than in most other cities in Alaska.
Fatal Accidents in Anchorage, AK
Category | Count |
---|---|
Fatal Accident | 15 |
Fatal Crash Vehicles | 22 |
DUI Fatal Crashes | 6 |
Fatalities | 18 |
Fatal Crash Individuals | 30 |
Fatal Accident Pedestrians | 5 |
These higher rates of accidents may also increase average auto insurance prices more in Anchorage, particularly based on the types of auto insurance coverage.
Auto Thefts in Anchorage, AK
Finding affordable auto insurance in Anchorage, AK can be challenging if you’re at risk for auto theft. Popular vehicle models and cars frequently parked in large cities are often targets for thieves. In 2013, Anchorage reported 869 stolen vehicles.
Comprehensive coverage for your car insurance policy might protect it from auto theft in Anchorage. While the monthly premium will increase, you might see this as more affordable than replacing the vehicle. Usage-based insurance could help you save money through effective driving practices and infrequent usage.
You might also given an anti-theft device insurance discount that would help you save money. Anchorage drivers might need such protection, especially for drivers in places with higher theft rates, such as the cost considerations associated with average home insurance in Anchorage, Alaska.
Your Credit Score
Many major insurance companies in Anchorage, AK, tend to impose higher monthly rates on individuals with low credit scores. Conversely, local specialty providers like Umialik offer better rates for those with less favorable credit ratings.
Anchorage, AK Auto Insurance Monthly Rates by Provider & Credit Score
Insurance Company | Good Credit | Fair Credit | Bad Credit |
---|---|---|---|
$120 | $145 | $190 | |
$115 | $140 | $185 | |
$125 | $150 | $195 | |
$110 | $135 | $175 | |
$130 | $160 | $210 | |
$118 | $145 | $180 | |
$122 | $148 | $200 | |
$115 | $140 | $185 | |
$120 | $150 | $195 | |
$105 | $130 | $165 |
A good credit score affects car insurance premiums, meaning you’ll pay more with a bad credit score, but a great credit history rewards you with less. Compare rates using Umialik insurance quotes.
Your Age
Statistics show that younger drivers are considered more risky behind the wheel, resulting in higher insurance rates than older adults. However, young motorists can save money using a good student insurance discount or completing a Driver’s Ed course.
Anchorage, AK Auto Insurance Monthly Rates by Provider, Age, & Gender
They can also explore the cheapest home insurance in Alaska for additional savings.
Your Driving Record
If you’ve had a relatively clean driving record, you can get significantly lower monthly rates on your car insurance. If you have one or two minor violations, the rate increase gets much less egregious. You can still trim your premium using “Accident Forgiveness” and other discounts.
Anchorage AK Auto Insurance Monthly Rates by Provider & Driving Record
Knowing how accidents change car insurance rates is helpful when selecting. For those searching for other forms of insurance, some of the cheapest home insurance in Alaska may be available as a valuable offer.
Your Vehicle
If you drive an economy car, you can get away with little to no coverage, but with luxuries comes the need for more extensive coverage and higher monthly payments.
Anchorage, AK Report Card: Auto Insurance Premiums
Category | Grade | Explanation |
---|---|---|
Average Claim Size | B | Typical claim size around $33,767 |
Traffic Density | B | Medium density, occasional congestion |
Uninsured Drivers Rate | C | 16% of drivers are uninsure |
Vehicle Theft Rate | C | 300 thefts per year, slightly above average |
Weather-Related Risks | C | High risk due to severe winter and icy roads |
Driving an economy car permits lower coverage, which can help you reduce monthly payments. Owning a luxury car, however, usually requires more advanced auto insurance coverage, and the premiums paid are usually higher to ensure that you are adequately covered for your investment.
Tips to Lower Anchorage, AK Car Insurance Rates
You can reduce your premiums by having a clean driving record, taking advantage of bundle deals, and increasing your deductible. Most providers give special discounts for good students, loyalty, or safe drivers; be sure to ask about those options.
You can also reduce the rates by using anti-theft devices and attending defensive driving courses. If you examine your options and choose coverage in your judgment, you’ll surely find insurance that won’t burn a hole in your pocket.
How DUI Affects Car Insurance
Alaska DUI laws took it very seriously. The legal BAC level of a driver above 21 years is set at 0.08%, while that of a minor is 0.02%. If you get caught driving with more alcohol in your blood than the said level, you could dealt severe consequences, which may include fines, suspension of license, attendance of alcohol education, and imprisonment.
Anchorage, AK Auto Accident & Insurance Claim Statistics
Factor | Value |
---|---|
Total Accidents Per Year | 8,200 |
Total Claims Per Year | 9,500 |
Average Claim Size | $33,767 |
Percentage of Uninsured Drivers | 15% |
Vehicle Theft Rate | 1,200 thefts/year |
Traffic Density | Medium |
Weather-Related Incidents | High |
A DUI conviction can significantly affect car insurance rates, though, in most instances, they will rise. An individual convicted of a DUI is seen as risky to insure, and in some cases, the regular rates may take decades to restore.
To avoid any of the implications outlined above, always select a designated driver or an alternative mode of transport when drinking. And just in case you may need it, this goes double if and when you’re searching for car insurance after a DUI.
How to Get Car Insurance
Getting car insurance in Anchorage, AK, is straightforward. Gather your personal information, including your driver’s license, vehicle registration, and driving history. Then, compare quotes from different insurers online or through local agents.
Some free auto insurance comparison websites offer an auto insurance comparison service, including AutoInsuranceEZ.com, where you can compare top provider options with State Farm, Geico, and Progressive. You should choose the right coverage type appropriate to your needs: liability-only, comprehensive, or full coverage.
Most comparison sites enable you to buy your coverage online directly from the selected provider, or you can call or visit them in person.
Finding the Best Anchorage, AK Auto Insurance
With a proper strategy, getting cheap auto insurance in Alaska is possible. Comparing quotes from the best insurance providers, including State Farm, Geico, and Progressive, and designing appropriate coverage according to your needs makes it possible.
Geico offers the best value for Anchorage drivers, with full coverage rates starting at $70 per month, combining affordability with reliable protection.
Kristen Gryglik Licensed Insurance Agent
For example, your driving record, vehicle, or credit history may all factor into your insurance premiums. Stay on top of things and look for ways to save money, such as raising your deductible or taking advantage of available discounts.
Understanding DUI laws, penalties, and fines will help avoid costly errors and maintain low insurance rates.
By entering your local info below, you can find companies that offer the lowest rates on Auto Insurance in Anchorage, AK.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Frequently Asked Questions
How much does Anchorage, AK, car insurance cost?
The average cost of car insurance in Anchorage, Alaska, ranges between $1,500 and $2,000 annually. Rates can change depending on factors such as driving history, the type of car, and insurance coverage options. Some drivers in Anchorage may be able to find lower rates by comparing multiple insurance providers.
Are there affordable cars in Anchorage?
Yes, affordable cars can be found in Anchorage. Many used car dealerships and private sellers offer affordable vehicles, and you can also find deals on platforms like Craigslist or Autotrader. Prices will vary depending on the vehicle’s age, model, and condition, but Anchorage has plenty of affordable car options.
Who are the Anchorage car insurance agents?
Several car insurance agents in Anchorage offer various coverage options. Some local agents work with major insurers, such as State Farm in Anchorage, Alaska, Allstate, Geico, and Progressive.
Meanwhile, independent brokers can help you compare rates from multiple cheap auto insurance companies to secure the lowest-cost auto insurance deal in Anchorage.
Where can I get auto insurance quotes?
Auto insurance quotes in Anchorage can be obtained from a variety of sources. Many Anchorage-based agents, as well as online platforms, allow you to compare quotes quickly. You can also contact local insurance companies like Geico or State Farm to get tailored quotes for Anchorage residents.
What are the options for low-priced auto insurance?
For low-priced auto insurance in Anchorage, consider insurers such as Geico, Progressive, and State Farm, which are known for offering competitive rates in Alaska. Anchorage drivers can also benefit from bundling policies or safe driver discounts to lower their premiums.
Is there truck insurance available in Anchorage, AK?
Which cheap Alaska car insurance companies are recommended?
Some of the cheapest car insurance companies recommended in Anchorage include Geico, Progressive, and State Farm. These insurers provide affordable rates for Anchorage drivers and offer coverage options tailored to Alaskan conditions, including liability, comprehensive, and collision insurance.
Discover your area’s top auto insurance provider by simply entering your ZIP code into our free quote tool.
What are the homeowners’ insurance options?
Some of the major national insurance providers for Anchorage, AK residents are State Farm, Allstate, Farmers, and local agents. Still, all those companies usually offer coverage for property destruction, personal liability, and loss of personal belongings, which is usually tailored to the needs of Anchorage residents.
Where can I find cheap liability car insurance in Anchorage?
For cheaper liability auto insurance in Anchorage, compare quotes from providers like Geico, Progressive, and State Farm. Many companies have very competitive rates in Anchorage, and local agents can assist with finding policies that offer the right coverage at the best price.
This will give you a better idea of the average cost of car insurance in Alaska and help you find a deal that fits your budget.
Can I get online auto insurance quotes?
Yes, you can easily get online auto insurance quotes in Anchorage. Many insurers like Geico, Progressive, and State Farm offer online quote tools, allowing Anchorage residents to quickly compare rates and coverage options. You can also use online site differences to gather quotes from multiple providers in Anchorage.