How Much Does Car Insurance Cost in Anchorage?


Anchorage is known for its pricey premiums, as its mean premium exceeds Alaska's average by 14%. So being knowledgeable about premiums while insuring a vehicle in Anchorage is especially imperative. Let's take a look at how auto insurance costs in Anchorage contrast with rates nationwide.


INSURANCE RATES: ANCHORAGE VS. STATE/US AVERAGES
City AverageState AverageNational Average
$1,351$1,190$1,569


Anchorage Car Insurance by Gender and Marital Status


There are several factors, including marital status and gender, that affect car insurance premiums in Anchorage. However, females have premiums that are only a bit more pricey than those for males. Did you know that in your city marital status can actually change your premiums substantially? You can save roughly $130 per year if you're married as opposed to single. Rates for those who are widowed or divorced are a hair cheaper than rates for those who are single.


ANCHORAGE AUTO INSURANCE RATES BY MARITAL STATUS AND GENDER
Marital Status/GenderAverage Rate
Female$1,355
Male$1,351
Single$1,351
Married$1,218
Divorced$1,349
Widowed$1,308


Anchorage Auto Insurance Costs by Driver Age

Drivers in their 50s save money on car insurance, as they have the smallest rates among all age groups, paying only $1,152 each year. The greatest decrease in premiums between any age group is from the teenage age range to the 20s, as drivers in Anchorage start saving an average of 63% annually. Rates in Anchorage continue to trend downward up until drivers turn 60. With payments of $5,229 on average, teenage drivers are the ones who pay the most in car insurance premiums.


ANCHORAGE CAR INSURANCE RATES BY DRIVER AGE
AgeAverage Rate
Teenagers$5,229
20s$1,937
30s$1,329
40s$1,274
50s$1,152
60s$1,225
70s$1,506


Anchorage Auto Insurance by Credit Level


People with Very Poor credit (300-579) generally pay more than twice as much each year for car insurance than those with Exceptional credit (800-850). Drivers can save an average of $860 per year when they upgrade their credit tier from Very Poor (300-579) to Fair (580-669).


ANCHORAGE AUTO INSURANCE COSTS BY CREDIT LEVEL
Credit QualityAverage Car Insurance Rate
Very Poor$2,458
Fair$1,598
Good$1,351
Very Good$1,262
Exceptional$1,172


Anchorage Auto Insurance for High-Risk Drivers


Do you realize by how much an at-fault accident or violation can raise your car insurance rates? An at-fault accident with greater than $2000 of damages will increase your car insurance premiums more than other driving violations. Being at-fault in an accident with damages exceeding $2,000 costs you another 5% per year in premiums compared to an accident with damages less than $1,000. Drivers with a DUI in Anchorage need to spend $677 more than the city average to insure their vehicle. Reckless driving will push your premiums up as well, with typical rates of $2,003, which are 48% higher than the city average.


AVERAGE ANCHORAGE INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
Incident or ViolationAverage Rate
DUI/DWI$2,028
Reckless Driving$2,003
At-fault Accident (damages less than $1,000)$2,004
At-fault Accident (damages greater than $2,000)$2,100
Speeding Ticket (16-20 mph over speed limit)$1,637


What drives up car insurance rates in Anchorage?

Where you live in Anchorage affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Anchorage is no exception to the rule. From zip code 99506 to 99504, premiums rise by 5 percent—that’s $58.

Expensive Anchorage Zip Codes: 99529, 99508, 99518, 99517, 99504

Cheap Anchorage Zip Codes: 99506, 99505, 99577, 99540, 99587

Anchorage Driving Conditions

Inclement weather goes hand in hand with wet brakes, slick roads & decreased visibility.

And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. In Anchorage, you can expect 122 rainy days with an annual rainfall of 17 inches. Anchorage is also known to experience severe winter storms. You can check on the condition of the roads anytime here.

122

Rainy Days a Year

17"

Avg. Annual Rainfall

76"

Avg. Annual Snowfall

Be Prepared For

Driving in Anchorage

2
Major Highways
AK 1 Glenn Highway Minnesota Drive Expressway

Car Insurance Companies in Anchorage

Find Local Anchorage Agents

ABI Professionals

255 E. Fireweed Lane Suite 107 Anchorage, AK 99503

J. C. Morris Agency, Inc.

4011 Arctic Blvd Ste 105 Anchorage, AK 99503

NISSI Insurance

601 W. 36th Ave., Suite 14 Anchorage, AK 99503

Conrad-Houston Insurance

507 W Northern Lights Blvd Anchorage, AK 99503

S & H, Inc. dba Associated Insurance Services

7125 Old Seward Hwy, Ste 203 Anchorage, AK 99518

Dewar Insurance Agency

205 E. Benson Blvd Suite 122 Anchorage, AK 99503

Integrity Insurance Agency, Inc.

1505 W 34th Ave Anchorage, AK 99503

Alaska Commercial Insurance Brokers

500 E. Tudor Rd. Suite 203 Anchorage, AK 99503

Randall Moss Insurance,LLC

2960 C St, Ste 200 Anchorage, AK 99503

Alaska USA Insurance Brokers, LLC

500 W 36th Ave Anchorage, AK 99503

Alaska Commercial Insurance Brokers

500 E. Tudor Rd. Suite 203 Anchorage, AK 99503

Springen Insurance

931 Anchorage, AK 99515

2

$1,220

The average Anchoragite's annual cost of coverage

2

40%

Our customer's average savings after comparing insurance

Revised

195

That's equal to 195 cups of coffee or $488 in savings

See How Much You Can Save in Anchorage

Just enter your zip code to get started

Location pin icon
Your information is secure.
Additional Resources:

Anchorage Car Insurance

Chevron left icon
How to Update Your Driver’s License When You Move to a New State
How to Update Your Driver’s License When You Move to a New State
Jul 28, 2017

Moving to a new state can be an exciting adventure. As with most moves, it requires a bit of paperwork...

Drunk Driving vs. Distracted Driving: Which is More Dangerous?
Drunk Driving vs. Distracted Driving: Which is More Dangerous?
Jun 09, 2017

  Drunk driving has long been a major cause of accidents on the road. Having a few drinks impairs our...

Digital Insurance Cards: Which States Accept Them?
Digital Insurance Cards: Which States Accept Them?
May 19, 2017

You probably already take care of your banking errands on your phone (thanks, mobile check deposits!). You may have shown...

Car Insurance for First-Time Drivers: 6 Things You Should Know
Car Insurance for First-Time Drivers: 6 Things You Should Know
Apr 03, 2017

A driver’s license is more than just permission to take to the open road. To many, including first-time drivers, it...

Driverless Car Laws by State
Driverless Car Laws by State
Mar 16, 2017

While many established automakers and technology companies are itching to win the autonomous vehicle race, legislators are simply trying to...

How Does the Government Affect What You Pay for Car Insurance?
How Does the Government Affect What You Pay for Car Insurance?
Mar 12, 2017

  With auto insurance rates on the rise over the last five years, I’m constantly asked who’s responsible for auto...

What You Need to Know about Getting High and Driving in 2017
What You Need to Know about Getting High and Driving in 2017
Jan 30, 2017

Marijuana legalization in the U.S. is constantly evolving, and states continue to modify their own legislation on their own timelines....

4 Consequences of Driving without Insurance
4 Consequences of Driving without Insurance
Jan 27, 2017

If you drive in the U.S., you simply have to have car insurance. It’s the law. (Even residents of New...

The Rundown on “No Refusal” Weekends
The Rundown on “No Refusal” Weekends
Dec 20, 2016

The holidays are a hazardous time to be on the roads, and believe us, cops know it. They’re closely monitoring...

How Long After a Car Crash Can You File a Claim?
How Long After a Car Crash Can You File a Claim?
Dec 13, 2016

Auto insurance rules aren’t simple: each state sets its own regulations about everything from whether or not a driver’s credit...

What’s the Most Expensive Traffic Ticket in Your State?
What’s the Most Expensive Traffic Ticket in Your State?
Nov 08, 2016

If a cop hands you a ticket for speeding, swerving in and out of lanes, or causing a crash, you’re...

Don’t Count on Anti-Theft Devices to Lower Your Insurance Rate – Here’s Why
Don’t Count on Anti-Theft Devices to Lower Your Insurance Rate – Here’s Why
Nov 02, 2016

We know that tech and automotive companies are racing to create increasingly connected, autonomous cars. In fact, many of us...

Driver’s License Points: Do They Matter?
Driver’s License Points: Do They Matter?
Sep 23, 2016

In the world of traffic law and auto insurance, points are universally a bad thing. Instead of helping you win...

Who Pays More for Car Insurance: Democrats or Republicans?
Who Pays More for Car Insurance: Democrats or Republicans?
Aug 22, 2016

Red states, blue states, and battleground states: we’ll hear a lot about the political leanings of the 50 U.S. states...

Which States Have the Cheapest Car Insurance?
Which States Have the Cheapest Car Insurance?
Aug 02, 2016

Car insurance companies consider all sorts of factors to assess risk and set rates for different drivers. Here at The...

Welcome to Data Heaven: Introducing The 2016 State of Auto Insurance Report
Welcome to Data Heaven: Introducing The 2016 State of Auto Insurance Report
Aug 02, 2016

Drumroll please… Today, The Zebra introduces to you, fine readers, our first annual State of Auto Insurance Report! Did you...

Study: Poor Credit Will Cost You Double for Car Insurance
Study: Poor Credit Will Cost You Double for Car Insurance
May 03, 2016

Most folks consider credit a crucial factor in determining what they pay for home mortgages and other big life expenses, but far...

Chevron right icon