Find Cheap Car Insurance in Anchorage, AK (from $86/mo)

How much does car insurance cost in Anchorage?

The typical Anchorage driver pays $1,501 per year for car insurance coverage. That's more expensive than the statewide average in Alaska ($1,275) and less expensive than the national average of $1,548. Our guide to Anchorage car insurance includes average rates based on age, credit score, driving history, and marital status. Keep reading to learn more!

ANCHORAGE CAR INSURANCE RATES

Anchorage Average (yearly)	Alaska Average	National Average
$1,501	$1,275	$1,548

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Anchorage car insurance rates by provider

The difference in auto insurance rates from company to company can be substantial. In Anchorage, USAA offers the cheapest rates for the average insurance customer. Reference below the top options for affordable insurance in Anchorage. Don't forget to get car insurance quotes based on your unique driving profile.

ANCHORAGE CAR INSURANCE RATES BY COMPANY

Company	Average Annual Rate
USAA	$1,031
State Farm	$1,298
Allstate	$1,694
Progressive	$2,214

Consult our expert guide to finding the best cheap car insurance.

Anchorage auto insurance premiums by age

Anchorage drivers in their 50s enjoy relatively affordable auto insurance rates, paying just $1,277per year, on average. Drivers in their 60s pay marginally higher rates — $1,347 per year.

The Anchorage drivers facing the priciest insurance rates are teenagers. When drivers hit their 20s in Anchorage and move out of the teenage age bracket, they reduce their premiums substantially. The difference in rates paid by teenage drivers and drivers in their 20s in Anchorage is $3,638, the largest such difference between any two age groups.

ANCHORAGE CAR INSURANCE RATES BY DRIVER AGE

Age	Average Annual Rate
Teenagers	$5,789
20s	$2,151
30s	$1,470
40s	$1,388
50s	$1,277
60s	$1,347
70s	$1,705

Learn more about the impact of age on auto insurance rates.

Anchorage auto insurance premiums by gender and marital status

Marital status and gender are contributing factors to car insurance rates in many cases. In most locations in the US, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Anchorage pay $154 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. In Anchorage, insurance rates for those who are widowed are less expensive than rates for those who are single.

Gender is another factor that can impact auto insurance costs. In Anchorage, female drivers pay $63 per year more than do male drivers.

ANCHORAGE CAR INSURANCE RATES: BY MARITAL STATUS AND GENDER

Gender/Marital Status	Average Yearly Rate
Female	$1,564
Male	$1,501
Single	$1,347
Married	$1,347
Divorced	$1,499
Widowed	$1,431

Learn more about how gender and marital status have on insurance rates.

Anchorage auto insurance rates by accident and citation history

If you want to keep your car insurance costs reasonable, keep your driving record clean. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.

Two of the most costly citations to receive are DUI and reckless driving. Anchorage drivers found guilty of reckless driving face insurance rate increases of $630 per year, compared to the citywide average. A DUI violation may lead to a $594 increase, while a citation for speeding leads to a $337 rate hike.

ANCHORAGE CAR INSURANCE RATES AFTER A VIOLATION OR ACCIDENT

Citation	Average Annual Rate
DWI/DUI	$2,096
Reckless Driving	$2,132
At-fault Accident (damages less than $1,000)	$2,042
At-fault Accident (damages greater than $2,000)	$2,216
Speeding Ticket (16-20 mph over speed limit)	$1,839

Get more info on how a bad driving history can impact your car insurance costs.

Anchorage car insurance costs by credit tier

A driver's credit level can be closely correlated with their auto insurance rates. In fact, Anchorage drivers who improve their credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) earn, on average, a 53% decrease in their auto insurance costs. Moving into the "Fair" credit tier from the "Very Poor" level is one of the most impactful steps a driver can take in pursuit of better car insurance rates. In Anchorage, improving your credit to "Fair" corresponds with a $933 decrease in annual car insurance rates.

ANCHORAGE CAR INSURANCE RATES BY CREDIT TIER

Credit Score	Average Annual Rate
Very Poor	$2,708
Fair	$1,775
Good	$1,501
Very Good	$1,401
Exceptional	$1,264

Curious about how your credit score might impact your auto insurance rates? Click here to learn more.

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, and decreased visibility.

And that's not the worst of it. More than 700,000 weather-related car accidents occur each year. In Anchorage, you can expect 122 rainy days with an annual rainfall of 17 inches. Anchorage is also known to experience severe winter storms.