Cheap Car Insurance in Alaska for March 2024

Geico offers the cheapest car insurance in Alaska, with an average annual rate of $1,217 for full coverage.
Ben Moore
By Ben Moore 
Updated

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Auto insurance is an important purchase, but finding cheap car insurance in Alaska isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

The cheapest car insurance company in Alaska is Geico at $1,217 per year on average, or $101 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Alaska. Meanwhile, the average cost of full coverage car insurance in Alaska is $1,776 per year, or about $148 per month.

Minimum coverage in Alaska is $363 per year on average, but we found you can likely get a cheaper policy. For example, Allstate offers the cheapest rates in Alaska at $316 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

How we chose the cheapest companies in Alaska

NerdWallet’s editorial team analyzed car insurance rates from 6 auto insurers in Alaska and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Alaska. For full coverage, we used the below coverage limits:

  • $100,000 bodily injury liability per person.

  • $300,000 bodily injury liability per accident.

  • $50,000 property damage liability per accident.

  • $100,000 uninsured motorist coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in Alaska where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Alaska for 20-year-olds

Drivers in Alaska with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. Geico: $2,281 per year, or about $190 per month.
  2. Umialik: $3,187 per year, or about $266 per month.
  3. Progressive: $3,361 per year, or about $280 per month.
  4. State Farm: $5,255 per year, or about $438 per month.
  5. Allstate: $6,336 per year, or about $528 per month.

Cheapest minimum coverage car insurance in Alaska for 20-year-olds

Drivers in Alaska who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Geico: $737 per year, or about $61 per month.
  2. Allstate: $783 per year, or about $65 per month.
  3. Umialik: $862 per year, or about $72 per month.
  4. State Farm: $1,308 per year, or about $109 per month.
  5. Progressive: $1,313 per year, or about $109 per month.

Cheapest auto insurance in Alaska for 20-year-olds with poor credit

Drivers with poor credit in Alaska should look at the following insurers with the lowest average rates for minimum coverage:

  1. Geico: $810 per year, or about $68 per month.
  2. Allstate: $869 per year, or about $72 per month.
  3. Umialik: $1,348 per year, or about $112 per month.
  4. Progressive: $2,002 per year, or about $167 per month.
  5. State Farm: $4,518 per year, or about $376 per month.

Cheapest auto insurance in Alaska for 20-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $805 per year, or about $67 per month.
  2. Umialik: $862 per year, or about $72 per month.
  3. Allstate: $1,056 per year, or about $88 per month.
  4. State Farm: $1,499 per year, or about $125 per month.
  5. Progressive: $1,544 per year, or about $129 per month.

Cheapest auto insurance in Alaska for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Umialik: $862 per year, or about $72 per month.
  2. Geico: $990 per year, or about $83 per month.
  3. Allstate: $1,297 per year, or about $108 per month.
  4. Progressive: $1,673 per year, or about $139 per month.
  5. State Farm: $1,694 per year, or about $141 per month.

Cheapest auto insurance in Alaska for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

  1. Umialik: $862 per year, or about $72 per month.
  2. Geico: $1,206 per year, or about $101 per month.
  3. Allstate: $1,346 per year, or about $112 per month.
  4. Progressive: $1,489 per year, or about $124 per month.
  5. State Farm: $2,032 per year, or about $169 per month.

Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Alaska for 30-year-olds

Drivers in Alaska who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. Geico: $1,219 per year, or about $102 per month.
  2. Umialik: $1,884 per year, or about $157 per month.
  3. State Farm: $2,023 per year, or about $169 per month.
  4. Progressive: $2,082 per year, or about $174 per month.
  5. Allstate: $2,600 per year, or about $217 per month.

Cheapest minimum coverage car insurance in Alaska for 30-year-olds

Drivers in Alaska who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. Allstate: $316 per year, or about $26 per month.
  2. Geico: $363 per year, or about $30 per month.
  3. Umialik: $434 per year, or about $36 per month.
  4. State Farm: $449 per year, or about $37 per month.
  5. Progressive: $708 per year, or about $59 per month.

Cheapest auto insurance in Alaska for 30-year-olds with poor credit

Drivers with poor credit in Alaska should consider the following companies with the lowest average rates for full coverage:

  1. Geico: $2,184 per year, or about $182 per month.
  2. Umialik: $2,856 per year, or about $238 per month.
  3. Allstate: $2,933 per year, or about $244 per month.
  4. Progressive: $3,206 per year, or about $267 per month.
  5. State Farm: $7,339 per year, or about $612 per month.

Cheapest auto insurance in Alaska for 30-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Allstate: $405 per year, or about $34 per month.
  2. Umialik: $434 per year, or about $36 per month.
  3. Geico: $435 per year, or about $36 per month.
  4. State Farm: $515 per year, or about $43 per month.
  5. Progressive: $899 per year, or about $75 per month.

Cheapest auto insurance in Alaska for 30-year-old drivers with one at-fault crash

For drivers in Alaska with a recent accident, here are the lowest average rate options for full coverage:

  1. Umialik: $1,884 per year, or about $157 per month.
  2. Geico: $2,456 per year, or about $205 per month.
  3. State Farm: $2,539 per year, or about $212 per month.
  4. Progressive: $2,965 per year, or about $247 per month.
  5. Allstate: $3,931 per year, or about $328 per month.

Cheapest auto insurance in Alaska for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. Umialik: $1,884 per year, or about $157 per month.
  2. Progressive: $2,521 per year, or about $210 per month.
  3. State Farm: $2,959 per year, or about $247 per month.
  4. Allstate: $3,882 per year, or about $323 per month.
  5. Geico: $4,079 per year, or about $340 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Alaska for 40-year-olds

Drivers in Alaska with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Geico: $1,216 per year, or about $101 per month.
  2. Umialik: $1,622 per year, or about $135 per month.
  3. State Farm: $1,940 per year, or about $162 per month.
  4. Progressive: $1,967 per year, or about $164 per month.
  5. Allstate: $2,600 per year, or about $217 per month.

Cheapest minimum coverage car insurance in Alaska for 40-year-olds

Drivers in Alaska who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Allstate: $316 per year, or about $26 per month.
  2. Geico: $341 per year, or about $28 per month.
  3. Umialik: $354 per year, or about $30 per month.
  4. State Farm: $447 per year, or about $37 per month.
  5. Progressive: $670 per year, or about $56 per month.

Cheapest auto insurance in Alaska for 40-year-olds with poor credit

Drivers with poor credit in Alaska can check out the following insurers with the lowest average rates for full coverage:

  1. Geico: $2,101 per year, or about $175 per month.
  2. Umialik: $2,444 per year, or about $204 per month.
  3. Allstate: $2,933 per year, or about $244 per month.
  4. Progressive: $3,078 per year, or about $257 per month.
  5. State Farm: $7,017 per year, or about $585 per month.

Cheapest auto insurance in Alaska for 40-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Umialik: $354 per year, or about $30 per month.
  2. Allstate: $405 per year, or about $34 per month.
  3. Geico: $410 per year, or about $34 per month.
  4. State Farm: $512 per year, or about $43 per month.
  5. Progressive: $802 per year, or about $67 per month.

Cheapest auto insurance in Alaska for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Alaska, here are the companies with the lowest average rates for full coverage:

  1. Umialik: $1,622 per year, or about $135 per month.
  2. State Farm: $2,435 per year, or about $203 per month.
  3. Geico: $2,456 per year, or about $205 per month.
  4. Progressive: $2,845 per year, or about $237 per month.
  5. Allstate: $3,931 per year, or about $328 per month.

Cheapest auto insurance in Alaska for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. Umialik: $1,622 per year, or about $135 per month.
  2. Progressive: $2,400 per year, or about $200 per month.
  3. State Farm: $2,837 per year, or about $236 per month.
  4. Allstate: $3,882 per year, or about $323 per month.
  5. Geico: $4,089 per year, or about $341 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Alaska for 50-year-olds

Drivers in Alaska with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Geico: $1,181 per year, or about $98 per month.
  2. Umialik: $1,462 per year, or about $122 per month.
  3. Progressive: $1,745 per year, or about $145 per month.
  4. State Farm: $1,861 per year, or about $155 per month.
  5. Allstate: $2,457 per year, or about $205 per month.

Cheapest minimum coverage car insurance in Alaska for 50-year-olds

Drivers in Alaska who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Allstate: $295 per year, or about $25 per month.
  2. Umialik: $318 per year, or about $27 per month.
  3. Geico: $329 per year, or about $27 per month.
  4. State Farm: $436 per year, or about $36 per month.
  5. Progressive: $588 per year, or about $49 per month.

Cheapest auto insurance in Alaska for 50-year-olds with poor credit

Drivers with poor credit in Alaska can check with the following companies, which showed the lowest average rates for full coverage:

  1. Geico: $1,966 per year, or about $164 per month.
  2. Umialik: $2,196 per year, or about $183 per month.
  3. Progressive: $2,731 per year, or about $228 per month.
  4. Allstate: $2,773 per year, or about $231 per month.

Cheapest auto insurance in Alaska for 50-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Umialik: $318 per year, or about $27 per month.
  2. Allstate: $381 per year, or about $32 per month.
  3. Geico: $393 per year, or about $33 per month.
  4. State Farm: $500 per year, or about $42 per month.
  5. Progressive: $802 per year, or about $67 per month.

Cheapest auto insurance in Alaska for 50-year-old drivers with one at-fault crash

For drivers living in Alaska with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. Umialik: $1,462 per year, or about $122 per month.
  2. State Farm: $2,338 per year, or about $195 per month.
  3. Geico: $2,640 per year, or about $220 per month.
  4. Progressive: $2,733 per year, or about $228 per month.
  5. Allstate: $3,715 per year, or about $310 per month.

Cheapest auto insurance in Alaska for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. Umialik: $1,462 per year, or about $122 per month.
  2. Progressive: $2,173 per year, or about $181 per month.
  3. State Farm: $2,726 per year, or about $227 per month.
  4. Geico: $3,636 per year, or about $303 per month.
  5. Allstate: $3,682 per year, or about $307 per month.

Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Alaska for 60-year-olds

Drivers in Alaska with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Geico: $1,181 per year, or about $98 per month.
  2. Umialik: $1,348 per year, or about $112 per month.
  3. Progressive: $1,697 per year, or about $141 per month.
  4. State Farm: $1,739 per year, or about $145 per month.
  5. Allstate: $2,450 per year, or about $204 per month.

Cheapest minimum coverage car insurance in Alaska for 60-year-olds

Drivers in Alaska who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Umialik: $300 per year, or about $25 per month.
  2. Allstate: $306 per year, or about $26 per month.
  3. Geico: $363 per year, or about $30 per month.
  4. State Farm: $407 per year, or about $34 per month.
  5. Progressive: $580 per year, or about $48 per month.

Cheapest auto insurance in Alaska for 60-year-olds with poor credit

Drivers with poor credit in Alaska can look at the following companies with the lowest average rates for full coverage:

  1. Geico: $1,829 per year, or about $152 per month.
  2. Umialik: $2,018 per year, or about $168 per month.
  3. Progressive: $2,646 per year, or about $221 per month.
  4. Allstate: $2,764 per year, or about $230 per month.
  5. State Farm: $6,245 per year, or about $520 per month.

Cheapest auto insurance in Alaska for 60-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Umialik: $300 per year, or about $25 per month.
  2. Allstate: $389 per year, or about $32 per month.
  3. Geico: $435 per year, or about $36 per month.
  4. State Farm: $466 per year, or about $39 per month.
  5. Progressive: $780 per year, or about $65 per month.

Cheapest auto insurance in Alaska for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Alaska, here are the companies with the lowest average rates for full coverage:

  1. Umialik: $1,348 per year, or about $112 per month.
  2. State Farm: $2,185 per year, or about $182 per month.
  3. Geico: $2,640 per year, or about $220 per month.
  4. Progressive: $2,686 per year, or about $224 per month.
  5. Allstate: $3,708 per year, or about $309 per month.

Cheapest auto insurance in Alaska for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Umialik: $1,348 per year, or about $112 per month.
  2. Progressive: $2,122 per year, or about $177 per month.
  3. State Farm: $2,545 per year, or about $212 per month.
  4. Allstate: $3,676 per year, or about $306 per month.
  5. Geico: $3,712 per year, or about $309 per month.

Cheapest for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Alaska for 70-year-olds

Drivers in Alaska with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Geico: $1,382 per year, or about $115 per month.
  2. Umialik: $1,600 per year, or about $133 per month.
  3. State Farm: $1,853 per year, or about $154 per month.
  4. Progressive: $1,987 per year, or about $166 per month.
  5. Allstate: $2,836 per year, or about $236 per month.

Cheapest minimum coverage car insurance in Alaska for 70-year-olds

Drivers in Alaska who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Umialik: $392 per year, or about $33 per month.
  2. Geico: $427 per year, or about $36 per month.
  3. State Farm: $444 per year, or about $37 per month.
  4. Allstate: $512 per year, or about $43 per month.
  5. Progressive: $701 per year, or about $58 per month.

Cheapest auto insurance in Alaska for 70-year-olds with poor credit

Drivers with poor credit in Alaska can look at the following companies with the lowest average rates for full coverage:

  1. Geico: $1,944 per year, or about $162 per month.
  2. Umialik: $2,410 per year, or about $201 per month.
  3. Progressive: $3,058 per year, or about $255 per month.
  4. Allstate: $3,552 per year, or about $296 per month.
  5. State Farm: $6,682 per year, or about $557 per month.

Cheapest auto insurance in Alaska for 70-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Alaska, here are the companies with the lowest average rates for minimum coverage:

  1. Umialik: $392 per year, or about $33 per month.
  2. State Farm: $509 per year, or about $42 per month.
  3. Geico: $512 per year, or about $43 per month.
  4. Allstate: $641 per year, or about $53 per month.
  5. Progressive: $937 per year, or about $78 per month.

Cheapest auto insurance in Alaska for 70-year-old drivers with one at-fault crash

For drivers with a recent accident living in Alaska, here are the companies with the lowest average rates for full coverage:

  1. Umialik: $1,600 per year, or about $133 per month.
  2. State Farm: $2,333 per year, or about $194 per month.
  3. Geico: $2,942 per year, or about $245 per month.
  4. Progressive: $3,264 per year, or about $272 per month.
  5. Allstate: $4,311 per year, or about $359 per month.

Cheapest auto insurance in Alaska for 70-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Umialik: $1,600 per year, or about $133 per month.
  2. Progressive: $2,696 per year, or about $225 per month.
  3. State Farm: $2,725 per year, or about $227 per month.
  4. Geico: $4,020 per year, or about $335 per month.
  5. Allstate: $4,251 per year, or about $354 per month.

Cheapest car insurance for military families

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest three auto insurance options for 70 of the 70 driver profiles we examined.

Minimum car insurance requirements in Alaska

Alaska car insurance policies must include liability insurance, which covers others’ property damage and injuries if you cause a crash.

Here are the minimum liability insurance limits you must select in Alaska:

  • $50,000 bodily injury liability per person.

  • $100,000 bodily injury liability per crash.

  • $25,000 property damage liability per crash.

If you live in an area in Alaska where vehicle registrations aren’t required, car insurance is optional. You can find a list of those areas through Alaska’s state website.

Note that drivers with six or more violation points on their record within the past five years need liability insurance regardless of where they live.

Even if car insurance isn’t required for you, it’s usually a wise purchase. After all, if you cause a crash and don’t have coverage, you could end up having to pay for others’ injury treatment and property damage out of pocket.

For more details on how your coverage options and limits work, visit NerdWallet’s guide to minimum car insurance requirements by state.

Alternative car insurance for high-risk drivers

If you’re denied car insurance on the voluntary market — because of past crashes or violations, a gap in your insurance or other reasons — you can apply for a policy through the Alaska Automobile Insurance Plan.

For more help getting cheap car insurance in Alaska, try NerdWallet’s car insurance comparison tool.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following coverage limits:

  • $100,000 bodily injury liability per person.

  • $300,000 bodily injury liability per accident.

  • $50,000 property damage liability per accident.

  • $100,000 uninsured motorist coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2021 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

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