Car insurance costs in Alaska vary greatly depending on various factors, including the type of coverage you choose, coverage limits, your address and personal factors. Geico offers the cheapest annual rates for full coverage car insurance in Alaska at $1,338 annually.
This guide makes buying car insurance in Alaska easy. We’ve done the hard work by researching and analyzing what different drivers might pay for insurance.
Keep reading to learn how auto insurance in Alaska works and how much insurance you need.
- Geico provides the most affordable annual rates for full coverage car insurance in Alaska, at $1,338 per year.
- In Alaska, car insurance costs can change based on the type of coverage, coverage limits, age, location, make and model of your car and your driving record.
- Minimum liability coverage in Alaska costs around $398 annually for limits of 50/100/25, while liability-only coverage costs $508 per year for limits of 50/100/50.
- In Alaska, driving incidents can significantly increase premiums, with a speeding ticket raising rates by up to 31%, a DUI raising rates by 44%, and an at-fault accident by up to 46%.
How much is car insurance in Alaska?
In Alaska, drivers pay an average of $140 monthly for full coverage car insurance, based on a rate analysis by CarInsurance.com.
Understanding the average insurance cost can help you plan your budget. Remember, car insurance rates vary widely, depending on the type of car you drive, your driving history and other personal factors.
Average cost of auto insurance in Alaska by coverage level
In Alaska, car insurance rates can differ depending on how much coverage you choose. Drivers in Alaska are required by law to have minimum insurance coverage limits of 50/100/25 to drive legally.
Liability-only insurance policies are the most affordable option and provide the minimum coverage required in Alaska. However, they don’t offer much protection.
While liability insurance protects you from financial loss by covering legal defense and damages if you’re found responsible for causing injury or property damage to others, it doesn’t protect your vehicle or passengers.
Full coverage car insurance policies are the most expensive but provide much more protection. They cover your own vehicles from accidents, theft, natural disasters and animal strikes. With a full-coverage insurance policy, drivers can be confident that they’re protected in the event of an accident up to the limits of their policies.
Full coverage comprises liability, comprehensive, collision and any other coverage required by your state.
Below are the Alaska car insurance costs for three different coverage levels.
| Coverage Level | Avg. Monthly Cost | Avg. Annual Cost |
|---|---|---|
| State Minimum – Liability Only BI/PD | $33 | $398 |
| Liability Only – 50/100/50 BI/PD | $42 | $508 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $140 | $1,676 |
State minimum car insurance in Alaska
In Alaska, minimum car insurance requirements include $50,000 of bodily injury liability per person, $100,000 of bodily injury liability per accident and $25,000 of property damage liability.
In Alaska, you can get state minimum car insurance for $398 per year. However, this minimum coverage doesn’t offer enough protection. Drivers can add other types of insurance, such as comprehensive and collision, increase their liability limits and buy personal injury coverage for added protection.
Drivers in Alaska must be aware of the minimum car insurance requirements to remain legally compliant.
Liability-only car insurance in Alaska
According to CarInsurance.com data, liability-only car insurance costs $508 in Alaska for limits 50/100/50.
Liability-only insurance helps cover the costs if you damage someone else’s car or injure someone in an accident. It’s more affordable than full coverage insurance, but remember, it doesn’t pay for repairs to your vehicle or cover injuries to your passengers.
Full coverage car insurance in Alaska
In Alaska, you can expect to pay around $1,676 per year for full coverage car insurance for the limits of 100/300/100 – $100,000 in bodily injury coverage, $300,000 in bodily injury coverage per accident and $100,000 in property damage coverage.
Experts recommend that drivers purchase full coverage insurance with the highest liability limits they can afford to be financially protected. Full coverage car insurance policies include liability, comprehensive and collision coverage.
Calculate the cost of car insurance in Alaska
Insurance rates can differ depending on your ZIP code because what’s affordable in one area might be expensive in another.
Insurance companies assess various factors, such as crime rates, traffic conditions, car theft incidents and population density, to evaluate the level of risk in different areas and determine car insurance premiums.
This means that residents in higher-risk neighborhoods in Alaska have to bear greater financial burdens than those in areas with lower risks.
Use our simple tool to see how much you’ll have to pay for car insurance. Just type in your ZIP code, and you’ll get quotes for different coverage options quickly.
Alaska car insurance rates by ZIP Code
For 30 year old Male ( Liability - Minimum)
Estimate car insurance in Alaska by car model
Car insurers in Alaska use the make and model of your car to determine your insurance rates. Cars deemed more expensive to repair, such as luxury cars and EVs, may raise your rates more than those that may cost less to fix.
For instance, luxury brands like Maserati, BMW, Porsche, and Audi usually have higher insurance costs. Cars like Subaru, Hyundai, Honda and Mazda are often cheaper to insure.
See how much you’ll pay for car insurance for your specific make and model in Alaska.
Insurance rates by car model
Guide: How to estimate car insurance using our car insurance estimator tool
Car insurance rates by age group in Alaska
Younger drivers and teenagers typically pay more for insurance than older, more experienced drivers. This is because teenagers are more likely to get into car accidents. In fact, teenagers are four times more likely to crash than drivers who are 20 or older, according to the Insurance Institute for Highway Safety.
Insurers know that teenage drivers are less experienced and pose a higher risk, resulting in higher insurance premiums. Alaska drivers between the ages of 30 to 60 typically enjoy the lowest average auto insurance rates, at about $1,622 annually.
Car insurance for drivers aged 16-19 costs $3,529 more annually than Alaska drivers aged 30-60.
See the average rates by age group below:
- For teen drivers: Teens aged 16-19 can expect to pay $5,151 per year for a full coverage car insurance policy.
- For young adults: Drivers aged 20-25 can expect to pay $2,562 a year for a full coverage policy.
- For average-aged drivers: Drivers aged 30 to 60 can expect to pay $1,622 per year in Alaska.
- For senior drivers: Drivers age 65 and older can expect to pay $1,728 per year.
Check out our detailed guide on average car insurance rates by age
Rates based on driver profile, history and habits in Alaska
Having a DUI, speeding ticket or being at fault in an accident can substantially increase your insurance rates. In Alaska, a DUI conviction often results in higher premiums and you may see an increase of up to 44% as insurers perceive you as a high-risk driver.
Similarly, if you get a speeding ticket in Alaska, you’ll likely see an increase in your car insurance premium by up to 31% upon your policy renewal. Typically, you’ll pay more for three years. However, your rate increase also depends on state laws, your insurance company and your driving record.
Here’s a breakdown of how much your car insurance rate goes up in Alaska following driving incidents:
- Speeding ticket: Up to 31% increase
- DUI conviction: 44% increase
- At-fault accident (bodily injury and property damage): 46% increase
Even if you’ve received a traffic ticket, comparing quotes can still help you save money.
Car insurance cost in Alaska for high-risk drivers
In Alaska, drivers deemed high-risk face higher car insurance premiums due to the increased risk. Factors such as past accidents, traffic infractions and low credit scores significantly affect premium costs.
Fortunately, high-risk drivers have several options to lower their insurance premiums. A good first step is to shop around and compare quotes, as each insurance provider has a unique rate structure designed to meet individual needs.
Use the tool below to see which company offers cheaper rates for drivers with speeding tickets, DUI convictions and at-fault accidents.
Select your state and risk factor below to see the insurance company and its
average annual full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| USAA | $1,761 |
| State Farm | $1,967 |
| Western National Insurance | $1,984 |
| Geico | $2,136 |
| Allstate | $3,075 |
| Progressive | $3,373 |
Learn more: The 10 most important factors that affect car insurance rates
Explore car insurance costs in your neighboring states
Compare car insurance quotes in Alaska
Drivers in Alaska can save hundreds of dollars by shopping around and comparing quotes. While many factors influence the cost of your car insurance, from driving record to the type of car you drive, there are many options to get the coverage you need at a price that works for you.
Start your search for the best car insurance policy in Alaska by getting quotes from several insurers for comparison.
In the table below, see an overview of various car insurance companies in Alaska, along with their average annual premiums.
| Company | State Minimum | 50/100/50 | 100/300/100 |
|---|---|---|---|
| Geico | $384 | $477 | $1,338 |
| State Farm | $376 | $461 | $1,713 |
| Progressive | $672 | $865 | $1,742 |
| Western National Mutual | $381 | $503 | $1,984 |
| Allstate | $324 | $405 | $2,114 |
| USAA | $251 | $335 | $1,166 |
Car insurance rates by city in Alaska
Anchorage is Alaska’s most expensive city for car insurance at an average cost of $1,950 annually. Ketchikan is the state’s least expensive city, with an average car insurance rate of $1,386 annually.
Car insurance rates vary by city in Alaska for several reasons. One of the most significant factors is traffic congestion. Areas with more traffic typically have higher rates of accidents and claims, which leads to higher premiums.
Rates can also be influenced by factors such as uninsured motorist statistics, expenses related to repairs and medical treatment, as well as the overall crime rate in the city.
Find below the average annual car insurance cost for drivers in some of Alaska’s major cities.
Select your city below to see the insurance company and its average full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| USAA | $1,263 |
| Geico | $1,312 |
| State Farm | $1,646 |
| Progressive | $1,789 |
| Western National Insurance | $2,015 |
| Allstate | $2,166 |
How much does car insurance cost in Alaska per month?
Car insurance in Alaska costs an average of $140 a month for a full coverage policy with limits of 100/300/100.
Opting for monthly car insurance payments can be a budget-friendly strategy for some people. It allows for spreading the cost throughout the year, making it easier to manage than a hefty annual payment. This approach provides more flexibility and avoids the burden of a large upfront sum.
While paying your car insurance in full upfront at renewal can sometimes get you a discount, the best choice will depend on your situation.
| Coverage Level | Avg. Monthly Rates |
|---|---|
| State Minimum – Liability Only BI/PD | $33 |
| Liability Only – 50/100/50 BI/PD | $42 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $140 |
Final thoughts on choosing car insurance in Alaska
The ideal car insurance company varies depending on what matters most to you. Some prioritize excellent customer service, even if it costs slightly more. Others focus on finding the cheapest rates. Some drivers also value the convenience of handling everything through a mobile app, while some prefer the personalized touch of a dedicated agent.
Ultimately, understanding your needs to find the best policy at the most competitive price is critical. Shop around for a good deal that provides peace of mind when hitting the open road in Alaska.
Resources & Methodology
Sources
- Insurance Institute for Highway Safety. “Teenagers.” Accessed March 2025.
- USAA. “How credit affects insurance premiums.” Accessed March 2025.
Methodology
CarInsurance.com commissioned Quadrant Information Services to get car insurance rates in Alaska. The average premiums are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and a clean driving record.
The rates are for different coverage limits. It includes:
- Full coverage car insurance with a coverage limit of $100,000 in bodily injury per person, $300,000 in bodily injury coverage per accident, $100,000 in property damage coverage per accident and a $500 collision/comprehensive deductible.
- Liability-only car insurance rates with a limit of 50/100/50.
- State minimum coverage limit of 50/100/25.
To evaluate the rates, we have compared 53,409,632 insurance quotes from 75 company groups across 34,588 ZIP codes. The average premiums are for comparison purposes only; your exact rates may vary.
Note: USAA is only available to military community members and their families.
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