You cannot get pay-per-mile insurance in Alaska, since no car insurance companies currently offer pay-per-mile coverage in the state. Pay-per-mile insurance is a type of car insurance policy that charges drivers a daily or monthly base rate plus a few cents for each mile driven, but it’s not available everywhere.
There are other ways for infrequent drivers in Alaska to save, though. For instance, Alaska drivers can ask their insurer about low-mileage discounts. Similarly, many companies offer usage-based insurance, which tracks policyholders’ driving habits and gives them a discount for safe driving. However, only some companies factor in mileage.
Even though pay-per-mile insurance isn’t available in Alaska right now, pay-per-mile programs like Allstate Milewise, Nationwide SmartMiles, and Liberty Mutual ByMile have been expanding over the past few years. So it’s worth checking back in the future to see if any pay-per-mile insurance options have become available in Alaska.
Yes, Metromile offers full coverage insurance for customers who choose to buy it. Metromile sells all the components of full coverage, including liability, collision, and comprehensive coverage, plus any type of insurance that a state might require, such as uninsured motorist insurance or personal injury protection.
Current and potential Metromile customers can call the company at 1-888-242-5204 to ask about the coverage that is available in their state. For more information, check out WalletHub’s Metromile car insurance review.
Drivers in Alaska need $50,000 of bodily injury liability insurance per person (up to $100,000 per accident) and $25,000 of property damage liability insurance. Collision, comprehensive and gap insurance may also be required by a lender or lessor if your vehicle is financed.
In addition, an optional but recommended type of coverage in Alaska is … read full answeruninsured/underinsured motorist insurance. It replaces the liability coverage an at-fault driver should’ve had and pays for your costs up to your policy limits.
Here’s How Much Car Insurance Drivers Need in Alaska:
Minimum Coverage Limit
Bodily Injury Liability Coverage (per person)
Bodily Injury Liability Coverage (per accident)
Property Damage Liability
If you lease or finance your car, you may be required to carry coverage types that are not mandatory under Alaska law. Lenders or lessors usually require comprehensive and collision insurance. Collision insurance covers repairs to your car when you hit another car or object. If the damage to your vehicle was caused by something other than a collision—like a natural disaster, vandalism, falling objects, or animals—it is most likely covered by comprehensive insurance. Lenders may also require gap insurance, which covers the difference between what you owe on your loan or lease and what the vehicle is worth if it has been stolen or totaled.
Car insurance in Alaska costs $45 monthly ($543 per year) for minimum coverage, on average, and around $131 per month ($1,573 annually) for a full-coverage policy. The cheapest insurance companies in Alaska are USAA, State Farm, and Allstate, but insurers calculate premiums differently, so it’s a good idea to get quotes from more companies to find the best deal.… read full answer
Average Cost of Car Insurance in Alaska by Category
Clean driving record: $49 per month
After an at-fault accident: $68 per month
Driver with poor credit: $78 per month
Teen driver: $153 per month
After a DUI: $68 per month
The average cost of car insurance in Alaska is 25% lower than the national average auto insurance premium, and Alaska ranks 18 out of 50 for the most affordable car insurance rates in the U.S.. There are several factors that affect how much you’ll pay for car insurance in Alaska, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from.
Finally, it’s worth noting that car insurance premiums in Alaska are average , compared to the cost of coverage in neighboring states like Washington and Hawaii. You can find more details in the table below.
Cost of Car Insurance in Alaska vs. Neighboring States
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