1. Compare quotes from both national and regional insurers
Comparing quotes is the easiest way to find out who has cheapest car insurance in Alaska. Just don’t forget to include local insurance companies in your search for cheap car insurance. In Alaska, regional insurers like Umialik and Country Financial might have lower rates than national companies like Geico and State Farm as well as comparable customer satisfaction ratings.
2. Know what affects insurance rates in Alaska
Everyone knows that your driving habits and claims history affect how much you pay for car insurance. But in Alaska, companies can also consider your age, gender, credit history, marital status, and more when setting premiums. The car you drive, your annual mileage, and even some factors beyond your control all impact the price of insurance.
3. Maintain coverage while you shop for cheaper car insurance
You’ll see higher rates if you let your insurance lapse, even if you don’t own a car. Alaska drivers who don’t maintain continuous coverage pay an average of 6% more than those with five or more years of insurance history.
4. Choose the right amount of coverage
You need liability insurance to pay for the other driver’s damages if you’re at fault in an accident in Alaska. But collision and comprehensive coverage are usually optional and may be unnecessary if you own an older car. Usage-based insurance might be a better fit than a standard policy for low-mileage drivers. Going with a higher deductible or lower coverage limits costs less, too. Don’t skimp on the coverage you need, but do make informed choices. That way, you won’t end up paying for more car insurance than you need.
5. Search for discounts
Top car insurance companies in Alaska have a variety of discounts, so almost anyone can find ways to save. You may be able to get a car insurance discount if you’re a student, veteran, good driver, homeowner, willing to go paperless, and more.
6. Stay in less expensive zip codes
Car insurance prices can vary a lot based on zip code in Alaska. The most expensive zip code in Alaska is 99504, which is the Anchorage area. The least expensive zip code is 99820—the Angoon area. On average, drivers in the most expensive parts of Alaska spend about $618 more than those living in the least expensive areas.
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