When shopping for cheap auto insurance in Alaska, the sheer number of companies vying for your business can make it difficult to narrow down your choices. Our Geeks have made it their mission to help you save time by comparing insurance quotes from nine top providers.
Below you will find our estimated car insurance rates for the following driver types:
Best Rates For Drivers With No Recent Accidents
Our Geeks discovered that State Farm and Geico offer the best cheap auto insurance for motorists who had a clean five-year accident history. These insurance companies consider safe drivers to be less of a liability, which is why they typically charge accident-free drivers less for coverage. If you’ve driven safely for many consecutive years but you’re still struggling to pay your car insurance premiums, consider getting quotes from these two companies.
Best Rates For Teen Drivers
Teenagers are far more likely to be involved in a car accident than older drivers with more experience. That makes them a liability to insurance providers. When shopping for vehicle insurance for teens, you may find that prices vary widely. In our study, the hypothetical driver was an 18 year old who hadn’t caused any accidents or received any traffic citations.
Best Insurance Rates For Drivers With A DUI
It goes without saying that alcohol and driving are not a good combination. If you’ve been convicted of driving under the influence, you’re probably paying more for insurance than you were before your charges.
In our study, we analyzed the car insurance rates for a driver who had one DUI but otherwise had clear driving and criminal records. State Farm and Progressive were found to offer the lowest rates for motorists with a DUI conviction in Alaska.
Best Rates For Senior Drivers
Although being a senior might not automatically guarantee lower car insurance premiums, older drivers tend to pay less because they’re not on the road as often as their younger counterparts. The driver in our study was age 65, traveled only 4,000 miles per year, and was a homeowner.
The vehicle for all segments was a Toyota Corolla model year 2014. The driver in the “DUI” and “No Recent Collisions” segments was age 29. The mileage used in most categories was 12,000 per year. Our estimates are based on average premiums for males and females in five zip codes throughout Alaska. All drivers in our study were purchasing the minimum liability coverage, but we added 50/100/25 uninsured motorist coverage to all categories except teen drivers.
What Is The Minimum Required Car Insurance Coverage In Alaska?
In Alaska, the minimum required car insurance coverage is:
- Bodily Injury Liability Per Person: $50,000
- Bodily Injury Liability Per Accident: $100,000
- Property Damage Liability: $25,000