How much is car insurance in Anchorage, AK?

Anchorage, Alaska has the distinction of being the United States city that is the farthest north. The city is also the largest one in Alaska, and it contains over 40 percent of the total population of the state. It is interesting to note that only the state of New York has a higher percentage of the population of people who live inside of the state’s biggest city.


You can bet that almost 400,000 people who live within the Anchorage Metropolitan Area drive, own, and insure a lot of cars.

Typically, auto insurance prices tend to be higher in urban areas than they are in areas that are less densely populated.

That does not mean that you will pay higher prices if you live in the city, but it does emphasize the importance of taking the time to shop around for good rates.

What are Typical Car Insurance Rates in Anchorage, Alaska?

It might be interesting to compare average Alaska car insurance rates against national averages.

In a recent survey of average rates for full-coverage auto insurance in the United States, Alaska ranked ranked 24th out of 50 states and the District of Columbia.

You might expect average Anchorage car insurance rates to be a bit higher than the state average. However, you have to remember that the city of Anchorage does contain a large percentage of the state’s total population.

You might assume that it also contains a large percentage of the state’s insured vehicles. That means that the average rates in the city might be closer to the state average than you would expect to find in other states that have their populations spread out a bit more.

Averages for Full-Coverage:

  • Alaska average rates: $1,455
  • U.S. average rates: $1,510
  • Maine average rates: $934

You can see that the average full-coverage rates in Alaska are lower than the average for the entire country. Maine is the state with the lowest average rates, and it was included for comparison. However, no vehicle owner in Alaska or anywhere else should expect to pay average rates. Your own rates could be lower or higher than these averages.

Insurers generally consider a number of factors when they decide how much to charge any particular customer. Important considerations could be driving record, type of car, and the number of miles driven each year. They might also consider the driver’s age, typical road hazards in a certain location, and even credit reports. The process of calculating a customer’s premium is a complicated business.

Get Help Finding Car Insurance in Anchorage

It is impossible for you to estimate how much your own rates will be. Auto insurance premiums are a large part of the cost of owning a car, and you should try to keep them as low as possible. You have to get accurate quotes for the cars and drivers that you need to cover.

If you need to insure multiple drivers and multiple cars, your task can even get more complicated.

The cheapest Anchorage insurer for a 45-year-old man might not be the same company that will offer the best rates to his 45-year-old wife or their 16-year-old son.

Typically, teen drivers are expensive to insure, but you might find a company that is willing to give you a break. You should also be able to find insurers that offer discounts for a number of things that you do to reduce your risks of making an accident claim.

Obviously, you need some help. Typically, you will get the best rates by placing all of your policies with the same company. Most insurers offer bundling discounts for families with multiple policies. It is also a lot simpler to just deal with one company. This means that you need to find an insurer that offers good coverage at the right price for everybody in the family.

anchorage-car-insurance-ratesCompare Car Insurance in Anchorage Online

One easy way to collect quotes is to use online quote systems.

Typically, you just have to enter some basic information about the cars and drivers that you need to cover, and these quote systems will give you a handful of different rates to compare. They should be free to use, and you should not be obligated to buy anything.

The quote systems should also give you some contact information that you can use to get more information. Do you have any questions about the deals that you see online?

For example, you might wonder which deductible that you should choose, or you might have questions about taking out full coverage or just having liability coverage.

This is when it might be a good idea to call an Anchorage car insurance agent for help.

Find Anchorage Car Insurance Agents

An agent should be able to explain your premium quotes, and he should also be able to present you with alternative coverage. He should also take the time to answer all of your questions and provide his professional advice about the type and level of coverage that you might need.

If you decide to purchase your coverage from an agent, it will not cost you any more than it would cost to buy online.

The main advantage of shopping online is that it gives you a chance to find good deals quickly.

However, you might want to speak with a local professional before you actually make your purchase. An Anchorage agent gets paid by insurance companies, but he is also legally required to represent his customers.

There are two types of Anchorage auto insurance agents. Captive agents only represent one company. Independent agents can represent any companies that they are appointed to represent. A captive agent should know a lot about his own company’s products, but an independent agent can suggest other companies that might offer better deals.

Why Not Compare Car Insurance In Anchorage?

auto-insurance-alaskaIt really does not cost you anything to take the time to compare a variety of auto insurance quotes. It might take a bit of time, but if you use the Internet to narrow down you search, you should be able to find the best deals pretty quickly.

You might spend some time speaking with a couple of agents, but you can be sure of making the right decisions about the type and amount of coverage that you end up purchasing.

Many experts suggest shopping around for auto insurance rates every year or so. This is to make sure that your old company still offers competitive rates.

It also gives you a chance to be sure you still have the right coverage for your family in case things have changed. Some changes that might cause you to shop around include buying a new vehicle or adding a new driver to your coverage.

In any case, there is not one best car insurance company in Anchorage for every vehicle owner. By shopping around for the insurer that offers the best prices and discounts, you might save hundreds of dollars each year.

Auto insurance in Anchorage might be complicated, but you can get help from online quote sites and local agents. Hopefully, this will help you find the right coverage at the right price for your own family of drivers.

Anchorage Car Insurance