Car insurance in Alaska costs an average of $1,152 annually. Find out more about Alaska's average insurance costs.
Your car insurance rates are affected by factors other than the state in which you live. Car insurance premiums incorporate myriad considerations, including a driver's age, gender, marital status, credit, and driving history.
We reviewed average Alaska car insurance rates by each of the main rating factors. Continue reading to learn how much car insurance costs in your location — or enter your zip code to receive personalized quotes from top insurance companies.
It’s a fact of life: as you age, your auto insurance premiums change. Generally, car insurance is more costly for young drivers and teens, as car insurance companies see newer motorists as less responsible.
In Alaska, car coverage costs $5,423 annually for a 16-year-old driver, but only $964 per annum for a client in their 50s.
|Age||Average Annual Premium|
If you're facing the frightful prospect of finding insurance for a teen driver, consider that Alaska is the 15th cheapest state in which to buy auto insurance for a 16-year-old.
While gender does not have as large an effect on car insurance rates as location or age, it is used as a rating factor by underwriters.
|Gender||Average Yearly Cost|
If you're worried you aren't getting the best possible value for your money with your active car insurer, the best option is to compare offerings from a variety of insurance companies.
A benefit of getting hitched — in addition to the honeymoon — is the price cut you typically receive on insurance. In Alaska, married motorists save $111 each year on car insurance. This is a better deal than the US post-wedding price cut of $76.
|Marital Status||Average Annual Premium|
Auto insurance for divorced drivers in Alaska is the 37th most expensive in the nation. If you think you're overpaying for your auto insurance policy, weigh your options. It never hurts to see what's out there!
Car insurance companies utilize credit history as a way of determining the reliability of a prospective customer. Historical data demonstrate drivers with solid credit are more dependable auto insurance customers: they're less likely to file claims insurance companies have to reimburse.
In Alaska, a driver boasting excellent credit saves $952.84 each year on car insurance, versus a driver with a less-favorable credit score. Read more about how credit history affects auto insurance expenditures:
|Credit Quality||Average Yearly Premium|
|Very Poor (300-579)||$1,986.50|
|Very Good (740-799)||$1,183.18|
Finding cheap car insurance if you have bad credit can be tough. But The Zebra is here to assist. Read our guide to getting auto insurance with poor credit and start saving!
If you are defined as at fault for a crash or convicted of an on-road infraction, your car insurance rates are bound to rise. The more violations you amass, the pricier your car insurance policy becomes.
In Alaska, your first minor at-fault incident will cost you $605.82 per year in car insurance payments. A DUI — thought of as one of the most grievous driving infractions — could raise your yearly insurance rates in Alaska by as much as $538.66.
|Age||Average Annual Rate|
|DUI or DWI||$1,690.60|
|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|
|Speeding (21-25 MPH > limit)||$1,634.79|
|Speeding (16-20 MPH > limit)||$1,635.01|
If you're facing above-average auto insurance costs, consider policy shopping to get reasonably priced coverage that works.
The amount you pay every month for auto insurance depends on how much coverage you purchase. Liability-only coverage normally costs less, while lower-deductible comprehensive coverage costs more. In Alaska, the premium gap between state-minimum liability-only coverage and comprehensive coverage with a $500 deductible is $730.
|Coverage Level||Average Annual Rate|
|$100K/$300K/$100K Bodily Injury/Property Damage — Liability Only||$530|
|$100K/$300K/$100K Bodily Injury/Property Damage — $1,000 Comprehensive/Collision||$1,113|
|$100K/$300K/$100K Bodily Injury/Property Damage — $500 Comprehensive/Collision||$1,260|
|$50K/$100K/$50K Bodily Injury/Property Damage — Liability Only||$441|
|$50K/$100K/$50K Bodily Injury/Property Damage — $1,000 Comprehensive/Collision||$1,024|
|$50K/$100K/$50K Bodily Injury/Property Damage — $500 Comprehensive/Collision||$1,171|
|State Minimum — Liability Only||$436|
|State Minimum — $1,000 Comprehensive/Collision||$1,018|
|State Minimum — $500 Comprehensive/Collision||$1,166|
If you're facing above-average car insurance payments, consider shopping around to discover cheap insurance coverage that fits your budget.