Popular QuestionsPopular Questions about Car Insurance in Alaska

How much does Alaska car insurance cost? $1,410

On average, Alaska drivers pay approximately $1,410 a year (or $118 a month) for their car insurance. This is higher than the national average cost of $1,311 a year.  Shopping around for the best price has the potential to save you hundreds of dollars. 

As a vehicle owner in Alaska, finding a competitively priced policy is easy when you work with a local independent insurance agent. These agents can obtain customized car insurance quotes from multiple insurance companies on your behalf. That way, you can be sure you are getting the coverage you need at the most affordable price. 

What can Alaska car insurance do for me?

Accidents can happen in the blink of an eye. If you are at fault, you can be held liable for the cost to repair other people’s damaged property as well as for the treatment of their injuries. Given the high cost of healthcare, an accident that involves injuries can be extremely expensive and could cause you a great deal of financial harm if you are not property insured.

Car insurance in Alaska includes a mixture of mandatory and optional coverage. If you are involved in a collision, here are a few of the ways that a solid Alaska auto insurance may be able to help...

Pay to Repair Your Own Car

  • This is covered by collision and comprehensive insurance.
  • Comprehensive insurance covers other-than-collision damage to your vehicle. Collision insurance covers collision-related damage to your vehicle, regardless of fault.
  • Collision and comprehensive insurance are optional in Alaska
  • While these coverage types are not required by law, they are nearly always required by lenders if you are still paying for your car and by dealerships if you are leasing it.

Pay to Repair Someone Else's Car

  • This is covered by property damage liability insurance.
  • This insurance covers property damage you may cause to others if you are responsible for a collision.
  • Property damage liability insurance is required for all registered vehicles in Alaska.
  • Your car insurance policy must include a minimum of $25,000 in property damage liability coverage.

Pay Your Own Medical Bills

  • This is covered by medical payments insurance, personal injury protection insurance, or “MedPay”.
  • This insurance is designed to cover your own medical bills if you are injured in a collision, regardless of fault.
  • Medical payments insurance is optional in Alaska.
  • This insurance is important because many health insurance plans will not cover injuries sustained in a motor vehicle accident.

Pay Someone Else's Medical Bills

  • This is covered by bodily injury liability insurance.
  • This insurance is designed to cover other people’s injuries and medical care if they are hurt in an accident for which you are responsible.
  • Bodily injury liability insurance is required for all registered vehicles in Alaska.
  • All car insurance policies in this state must include a minimum of $50,000 per person / $100,000 per accident of bodily injury liability coverage.

… and More!

Most car insurance companies will offer additional coverage options that you can include in your policy. These include:

  • Uninsured / underinsured motorist insurance
  • Towing and roadside assistance
  • Rental car reimbursement
  • Gap insurance
  • Umbrella insurance

Talk to a local independent insurance agent to learn more.

Who pays if the accident wasn’t my fault?

Alaska is an “at-fault” or “tort” state. This means that the driver who caused the accident is responsible for covering the cost of damage as well as any necessary medical treatment.

How many Alaska drivers are uninsured? 15.4%

Driving without insurance is illegal in Alaska. There are, however, some exceptions. In areas where vehicle registration is not required, neither is insurance unless the vehicle owner has had at least 6 points assessed against their license in the last five years.

If you are caught driving a registered car without insurance, you can face the suspension of your driver’s license and have your car impounded. An estimated 15.4% of all drivers in this state are operating uninsured vehicles. This can cause headaches for you if one of these uninsured drivers is responsible for a collision with your car.

The at-fault driver is responsible for covering your damage and any needed medical treatment. However, if an uninsured driver simply doesn’t have the money available, you may need to go through an expensive and time-consuming lawsuit just to collect a fraction of what is due to you.

That is why uninsured motorist insurance can prove so beneficial. This optional coverage can pay for your vehicle’s repairs and your medical expenses if you are in an accident caused by an uninsured, underinsured, or hit-and-run driver. Your insurance company will then take on the responsibility of trying to collect the money owed from the at-fault driver. 

In Alaska, all car insurance companies must offer uninsured/underinsured motorist coverage. If you opt not to purchase it, you must do so in writing.

What is the best car insurance company in Alaska?

There is no such thing as a car insurance company that is the best choice for everyone.

The ideal insurance company for one person might not be the best choice for another. A young couple with few assets and no children is likely to have different coverage needs than a middle-aged couple who own a lot of property and have teen drivers in their household. This couple may find that they get the best value by working with different insurance companies.

That is why independent insurance agents compare coverage and prices from a variety of highly rated insurance companies. By comparing policies and prices, they can find the policy that is best for you.

Are there any independent insurance agents in Alaska?

Yes! There are currently 33 independent insurance agents in Alaska.

These local agents are ready to help you find the best car insurance policy to meet your coverage and budgetary needs. Find an agent near you to get started.

InformationFind the Best Insurance in Your City

Now, let's take a quick peek at what’s going on in your city. Insurance companies look at a lot of factors when determining car insurance costs. One of many factors is location. Crime rates and time spent in the car will factor into how much your car insurance will cost.

How does your city measure up to the national average?

  • National average car insurance cost:  $1,311 / year
  • National average car thefts per 1,000 vehicles:  2.29
  • National average time spent commuting:  25.4 min
CityAvg. Commute Time (Min)Theft Rate per 1,000 VehiclesAvg. Insurance Cost (Yearly)
Anchorage18.49.67$1,657
Badger25.10.95$1,219
College18.23.62$1,348
Fairbanks12.04.87$1,349
Juneau15.74.10$1,346
Kalifornsky22.03.92$1,404
Kenai17.36.34$1,592
Ketchikan9.42.89$1,199
Knik-Fairview39.93.56$1,576
Lakes29.53.09$1,421
Meadow Lakes33.24.12$1,598
Palmer29.82.30$1,408
Sitka10.61.63$1,107
Tanaina33.56.73$1,665
Wasilla29.67.12$1,626

Anchorage, AK Car Insurance

The average monthly cost of auto insurance in Anchorage is $138.

Because your car insurance rates will be customized according to your personal details and the type of car you are insuring, your actual monthly cost could be considerably higher or lower than this amount. Drivers with a long, safe driving history tend to pay a lot less than new drivers or motorists who have moving violations or accidents in their recent history.

Can you imagine walking out of the Anchorage 5th Avenue Mall only to find that your car has been stolen? In Anchorage, where residents reported more than 2,800 auto thefts in 2018 alone, this is a valid concern. Fortunately, if your car insurance policy includes comprehensive coverage, you can be reimbursed for your losses following a car theft.

Talk to an independent insurance agent in Anchorage to learn more about this and other coverage options that are available to you.

Juneau, AK Car Insurance

The average monthly cost of car insurance in Juneau is $112.

Remember, this average only serves as a baseline. Your actual monthly cost could be higher or lower than this average amount. Insurance companies will use factors such as your age, gender, and driving record as well as details about the vehicle you are insuring when they calculate your personalized quote.

Even the most careful and experience drivers can get into vehicle accidents. This particularly true when driving conditions are bad. Whether you find yourself in a major collision while passing someone on North Douglas Highway or you accidently cause a fender bender on Marine Way, a good car insurance policy can cover your costs once your deductible has been met.

By purchasing a policy that includes collision coverage, you can be sure that damage to your own vehicle is covered, even if the accident is your own fault. Talk to an independent agent in Juneau to learn more about how different coverage options can benefit you.

Fairbanks, AK Car Insurance

The average monthly cost of auto insurance in Fairbanks is $112.

When calculating your actual rate, insurance companies will use information such as details about your vehicle, your age, your driving record, information about other licensed drivers in your household, and sometimes even your credit score to calculate your quoted price. Because of this, your monthly cost could be significantly higher or lower than the city’s average.

Heavy rains and snow melts can sometimes bring flash flooding to the area. When this happens, cars can be washed away or damaged beyond repair. Fortunately, if your auto policy includes comprehensive insurance, you can be reimbursed for the value of your car. Comprehensive insurance can also cover against other risks like falling objects, auto theft, vandalism, and wind damage.

Consult an independent insurance agent in Fairbanks to discover how much it will cost you to include comprehensive coverage in your car insurance policy.

Badger, AK Car Insurance

The average monthly cost of car insurance in Badger is $102.

However, you should take this average with a grain of salt. Your actual monthly cost could be higher or lower than this amount since your rate is completely personalized according to factors such as your driving history, vehicle information, deductible amount, and more.

Accidents can happen to anyone. This is particularly true in the winter when roadways are frequently slick with ice and sleet. The good news is, when you have a solid, all-inclusive car insurance policy backing you up, you do not have to worry about an accident costing you money beyond your deductible. As long as your policy includes collision insurance, your vehicle’s damage will be covered, even if the accident was your fault.

Talk to a local independent insurance agent to learn more about how your various coverage options can help you.

Knik-Fairview, AK Car Insurance

The average monthly cost of car insurance in Knik-Fairview is $131.

Bear in mind that this rate is just an average. Your actual monthly cost could be higher or lower depending on a variety of factors such as your driving history and details about the vehicle(s) you wish to insure. Let an independent insurance agent help you review a variety of customized car insurance quotes so you can find the policy that offers you the best value for your hard-earned money.

Drivers in Knik-Fairview tend to spend a lot of time on the road. This city has some of the longest commute times in the state. It naturally follows that the more time you spend behind the wheel, the more likely you are to one day be in an accident. Fortunately, when you have a good car insurance policy backing you up, you do not need to worry that a collision will cause you unnecessary financial harm.

Find out more about what car insurance can do for you by speaking with an independent agent with an office near you.