Advertiser Disclosure

Best Cheap Car Insurance in Alaska for 2019

March 19, 2019
Auto Insurance, Insurance
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

Exploring many options is the best way to score cheap car insurance in Alaska. Auto insurance rates can vary by hundreds of dollars depending on the company you shop from.


NerdWallet looked at rates from the four biggest insurers in the state and ranked them from cheapest to most expensive for several driver types.

Cheapest for good drivers

State Farm had the cheapest insurance rates we found in Alaska for good drivers with good credit, at $86 per month, on average. Geico was second-cheapest, and Progressive came in third.

InsurerAverage price
4.0 NerdWallet rating

$1,028/year

$86/month
3.5 NerdWallet rating

$1,492/year

$124/month
3.5 NerdWallet rating

$1,811/year

$151/month
For this calculation, NerdWallet averaged rates for 40-year-old men and women with a clean driving record and good credit. With the exception of age, a large portion of drivers are closest to this profile, which carries standard "full coverage" insurance, including state-required coverage.

Cheapest for drivers with poor credit

Geico was the cheapest carrier we found for Alaska drivers with spotty credit, at $148 per month, on average. State Farm wasn’t far behind in second, and Progressive was third.

InsurerAverage price
3.5 NerdWallet rating

$1,771/year

$148/month
4.0 NerdWallet rating

$1,917/year

$160/month
3.5 NerdWallet rating

$2,885/year

$240/month
Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent accident. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record, poor credit as reported to their insurer, and standard "full coverage" insurance.

Cheapest for drivers with one at-fault crash

State Farm had the lowest auto insurance rates in our test for Alaskan drivers with a recent at-fault wreck on their records, at $101 per month, on average. Geico was second-cheapest, though its average rate was more than double State Farm’s, and Progressive was third-cheapest.

InsurerAverage price
4.0 NerdWallet rating

$1,215/year

$101/month
3.5 NerdWallet rating

$2,444/year

$204/month
3.5 NerdWallet rating

$3,135/year

$261/month
To get these figures, we averaged rates for 40-year-olds with one recent at-fault crash and the typical "full coverage" insurance. Your rates will remain high for three to five years after you cause an accident or have a moving violation. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest for low-mileage drivers

State Farm was the cheapest insurer we saw for Alaskans who drive few miles, at $77 per month, on average. Geico came in second, and Progressive was third.

InsurerAverage price
4.0 NerdWallet rating

$928/year

$77/month
3.5 NerdWallet rating

$1,308/year

$109/month
3.5 NerdWallet rating

$1,811/year

$151/month
Whether you're retired, work at home or often use public transportation, you may be able to get cheaper car insurance simply because you drive less. The rates above are for 40-year-olds with typical "full coverage" insurance and a clean driving record who drive 5,000 miles per year instead of the standard 12,000.

Cheapest for minimum coverage

State Farm had the lowest rates we saw for minimum coverage auto insurance in Alaska, at $33 per month, on average. Geico was just a buck more per month, and Progressive came in third.

InsurerAverage price
4.0 NerdWallet rating

$391/year

$33/month
3.5 NerdWallet rating

$409/year

$34/month
3.5 NerdWallet rating

$731/year

$61/month
We calculated these numbers by averaging rates for 40-year-old good drivers who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended, since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more.

Cheap for military families


NerdWallet is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare and airlines. Start here to maximize your rewards or minimize your interest rates. Lacie Glover
  • Available only to active military members, veterans and their families.

If you’re an active member of the military or a veteran — or have an immediate family member who is — you’ll likely get a very good price with USAA, an option that isn’t available to the general public. For that reason we don’t rank it within the categories above, but USAA had the cheapest average rate for every driver category listed above.

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.

Here’s a summary of where you’ll find the cheapest insurance, by category:

Cheapest car insurance in Alaska

CategoryCheapest option
Good driversState Farm
Drivers with poor creditGeico
Drivers with one at-fault crash
State Farm
Low-mileage driversState Farm
Minimum coverageState Farm
Cheap for military familiesUSAA
For our base-profile driver with good credit and a clean driving history, NerdWallet averaged rates from the largest insurers for 40-year-old men and women in 20 ZIP codes. The policy includes:

  • $100,000 bodily injury liability coverage per person.
  • $300,000 bodily injury liability coverage per crash.
  • $50,000 property damage liability coverage per crash.
  • $100,000 uninsured motorist bodily injury coverage per person.
  • $300,000 uninsured motorist bodily injury coverage per crash.
  • Collision coverage with $1,000 deductible.
  • Comprehensive coverage with $1,000 deductible.

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

  • For drivers with poor credit, we adjusted the credit tier from “good” to “poor.”
  • For drivers with one at-fault crash, we added a single at-fault crash.
  • For low-mileage drivers, we adjusted the miles driven from 12,000 per year to 5,000.
  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.

We used a 2015 Toyota Camry in all cases. These are rates generated through Quadrant Information Services. Your own rates will be different.