What's the Average Cost of Auto Insurance in Alaska?

The Zebra
Oct. 12, 2018

Car insurance is affordable in Alaska. The average car insurance premium in Alaska is $1,152 per year — less than the national average by 19.3

Your auto insurance costs are affected by more than just state lines. Car insurance premiums price based on an array of factors, including your driving record, credit history, gender, age, and marital status.

We analyzed average Alaska auto insurance premiums by each of the primary pricing factors. Read on to see how much car insurance costs in your state — or enter your zip code to receive personalized rates from leading insurers.


Find affordable auto insurance today!


Average Auto Insurance Expenditure in Alaska by Age Bracket

It's unavoidable: as you grow older, your car insurance premiums change. Generally, auto insurance is pricier for young drivers, as auto insurance companies see inexperienced drivers as less responsible.

In Alaska, car insurance costs $5,423 each year for a 16-year-old driver, versus $964 per annum for a driver in their 50s.


ALASKA CAR INSURANCE COSTS BY AGE BRACKET
Age Average Annual Rate
16 $5,423.28
17 $4,814.61
18 $4,103.64
19 $2,984.77
20s $1,637.06
30s $1,124.87
40s $1,073.28
50s $963.59
60s $1,018.69
70s $1,251.64



Average Auto Insurance Expenditures in Alaska by Gender

While gender doesn’t make as sizable an impact on auto insurance costs as a driver's location or age, it is employed as a rating factor. Women pay less than do men for auto insurance in Alaska, but the disparity is just $18.63 annually.

ALASKA AUTO INSURANCE PRICES BY GENDER
Gender Average Annual Cost
Male $1,144.47
Female $1,125.84



Average Auto Insurance Rates in Alaska by Marital Status

One benefit of married life — aside from the honeymoon — is the better deal you may get on your car insurance policy. In Alaska, married drivers save $111 per year on car insurance. This is a better deal than the national savings of $76.


ALASKA CAR INSURANCE COSTS BY MARITAL STATUS
Marital Status Average Annual Rate
Single $1,144.47
Married $1,033.08
Divorced $1,146.37
Widowed $1,121.22



Average Auto Insurance Rates in Alaska by Credit Score

Auto insurance companies rely on credit score as a prediction of how reliable a customer will be. Historical data suggest motorists with superior credit are more insurable auto insurance customers: they less commonly file claims covered by insurance companies.

In Alaska, a car insurance client who holds outstanding credit saves $952.84 per year on car insurance, compared to a driver saddled with a bad credit rating. Learn more about how credit impacts car insurance costs:


ALASKA AUTO INSURANCE COSTS BY CREDIT TIER
Credit Quality Average Annual Premium
Very Poor (300-579) $1,986.50
Fair (580-669) $1,674.68
Good (670-739) $1,412.58
Very Good (740-799) $1,183.18
Exceptional (800-850) $1,033.66



Average Car Insurance Prices for High-Risk Motorists in Alaska

If you’re defined as at fault in a driving incident or convicted of a vehicular violation, your car insurance costs are bound to rise. The more violations you accumulate, the more costly your car insurance gets.

In Alaska, your first minor at-fault crash leads to an additional $605.82 annually in car insurance premiums. A DUI — among the most serious driving violations — will lift your yearly insurance rates in Alaska by as much as $538.66.


ALASKA CAR INSURANCE COSTS AFTER VIOLATIONS
Age Average Yearly Premium
DUI/DWI $1,690.60
Reckless Driving $1,751.63
At-Fault Accident (<$1,000) $1,757.77
At-Fault Accident ($1,000-$2,000) $1,976.76
At-Fault Accident (>$2,000) $1,757.77
Open Container $1,920.73
Speeding (21-25 MPH > limit) $1,634.79
Speeding (16-20 MPH > limit) $1,635.01

If you're facing above-average car insurance payments, consider shopping policies to discover cheap insurance coverage that works.


Compare car insurance quotes today!

Don't forget to share!