Best car insurance companies in Alaska: Geico

Geico is the best car insurance company in Alaska, based on an analysis by Insurance.com, with an overall rating of 3.31. State Farm, Progressive, and Allstate are among the top car insurance companies in Alaska based on price, NAIC complaint ratio, and AM Best financial ratings.

The total Insurance.com score is calculated out of five using these factors.

Best car insurance in Alaska
CompanyAM BestAvg. Annual PremiumJ.D. PowerNAICInsurance.com score
GeicoA++$1,3388250.913.31
State FarmA++$1,7138220.73.18
ProgressiveA+$1,7428110.652.92
AllstateA+$2,1148120.652.52

Cheapest car insurance companies in Alaska: Geico

Based on a rate analysis by Insurance.com, USAA offers the cheapest full coverage car insurance in Alaska, with average rates of $1,166 annually, but it isn’t available to everyone. Geico is the cheapest company open to all drivers, with an average annual rate of $1,338 for full coverage in Alaska.  

Allstate is the cheapest company for state minimum liability, with an average annual rate of $324. USAA has cheaper rates if you are eligible. At $405 annually, Allstate also offers the cheapest liability-only car insurance in Alaska. 

Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another. 

We have gathered price quotes from all the major insurance providers and put together a list of the cheapest car insurance companies in Alaska.

Cheapest car insurance in Alaska
CompanyState minimum liability50/100/50 liability100/300/100 liability with $500  deductible
USAA*$251$335$1,166
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 offers car insurance only to military members, veterans and their families.

Average cost of car insurance in Alaska

The average cost of car insurance in Alaska is $1,676 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Alaska is $398.

Auto insurance calculator

Average auto insurance rates in Alaska
30
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male
Male Female
99501 - Anchorage
For a 30-year-old male
$46 State minimum
$139 Full coverage
$53 Liability only

Most & least expensive ZIP codes for auto insurance in Alaska

Most Expensive

Zip CodeCityHighest Rate
99504Anchorage$141
99508Anchorage$141
99507Anchorage$139
99501Anchorage$139

Least Expensive

Zip CodeCityLowest Rate
99901Ketchikan$101
99824Douglas$102
99928Ward Cove$102
99918Coffman Cove$103

Cheapest car insurance cost in Alaska by age

In Alaska, car insurance rates are higher for teenagers as they’re more prone to accidents.

Geico offers the cheapest car insurance for teen drivers in Alaska at $4,416 per year for a full coverage policy. If you are eligible, USAA offers full coverage at $3,660 per year on average.    

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In Alaska, Geico offers the cheapest full coverage car insurance for adult drivers at $1,275 per year unless you are eligible for USAA. Geico offers the cheapest full coverage car insurance for senior drivers as well at $1,120 per year.

Cheapest car insurance in Alaska by age
Age Company Avg annual premium 
Teens (16-19)USAA*$3,660
Teens (16-19)Geico$4,416
Teens (16-19)Western National Mutual$4,900
Teens (16-19)State Farm$5,181
Teens (16-19)Allstate$5,890
Teens (16-19)Progressive$6,859
Young Adults (20-24)Geico$1,639
Young Adults (20-24)USAA*$1,763
Young Adults (20-24)Progressive$2,804
Young Adults (20-24)State Farm$2,949
Young Adults (20-24)Western National Mutual$3,479
Young Adults (20-24)Allstate$3,494
Adults (25-60)USAA*$1,173
Adults (25-60)Geico$1,275
Adults (25-60)State Farm$1,712
Adults (25-60)Progressive$1,721
Adults (25-60)Western National Mutual$2,006
Adults (25-60)Allstate$2,079
Seniors (65-75)Geico$1,120
Seniors (65-75)USAA*$1,189
Seniors (65-75)State Farm$1,684
Seniors (65-75)Progressive$1,931
Seniors (65-75)Western National Mutual$2,017
Seniors (65-75)Allstate$2,429

*USAA offers car insurance only to military members, veterans and their families.

Cheapest car insurance companies in Alaska by driver profile

Drivers with accidents or tickets are considered high-risk drivers and will pay higher car insurance rates. In Alaska, State Farm offers the cheapest car insurance rates for drivers with an accident, at $1,480 per year. However, the severity and frequency of the incidents will impact how much insurance rates increase.

USAA is the cheapest car insurance company in Alaska for drivers with speeding tickets at $1,338 per year. However, it covers specifically the military community. State Farm is the cheapest option for most drivers at $1,372 per year

Below are average Alaska rates by company for drivers with accidents and tickets on their driving record. 

Cheapest auto insurance in Alaska for drivers with tickets and accidents
CompanyClean record AccidentSpeeding Ticket
USAA*$1,002$1,698$1,338
Geico$1,135$1,988$2,012
Progressive$1,159$2,096$1,525
State Farm$1,262$1,480$1,372
Allstate$1,881$2,944$2,266

*USAA offers car insurance only to military members, veterans and their families.

Compare auto insurance rates by city in Alaska

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Alaska.

CityAnnual insurance premium
Allakaket
$1,698
Anchorage
$1,950
Houston
$1,854
Cordova
$1,617
Craig
$1,418
Juneau
$1,405

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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