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Get Cheap Car Insurance in Anchorage Municipality, AK

We monitor insurance prices, helping the average driver in Anchorage Municipality save up to 23.6% on car insurance.

 

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The Cheapest Minimum Coverage in Anchorage Municipality

The chart below shows the cheapest car insurance company in Anchorage Municipality for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Geico, Allstate, and Progressive.

 
Anchorage Municipality Insurer Monthly Cost
State Farm $50
Geico $54
Allstate $79
Progressive $122

Savings for Every Kind of Anchorage Municipality Driver

The table shows how much the average auto insurance customer in Anchorage Municipality might save by following our recommendations.

Based on our extensive insurance data, we know the average Anchorage Municipality driver will save about 21% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $310 per year by choosing the right vehicle insurance company. Some Anchorage Municipality residents are paying out over $1,512 extra every year for auto insurance in Anchorage Municipality. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Anchorage Municipality, AK Savings / Yr.
Drivers with good records
$310
Drivers with accidents
$482
Drivers with speeding tickets
$301
Drivers with a DUI conviction
$331
Young drivers
$819
Married drivers
$277
Drivers with bad credit
$104

Anchorage Municipality Car Insurance vs. Alaska

People living in Anchorage Municipality pay an average of 9.99% more than the typical driver in the state. The average driver in Anchorage Municipality can expect to pay about $740 per year, or $1,512 for full coverage.

Based on our analysis, State Farm will be the cheapest provider in Anchorage Municipality for most people.

Car Insurance Prices by Anchorage Municipality Neighborhood

Anchorage Municipality, AK map of insurance costs by zip code and neighborhood

Insurance Prices

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Average
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Where is insurance cheapest within Anchorage Municipality?

The map shows insurance prices in and around Anchorage Municipality, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $403 per year within the county boundaries, with insurance premiums ranging from a high of $1,782 to a low of $1,379. Insurance prices tend to be higher for those living in the North area, and lower for those with homes in the Southeast parts of Anchorage Municipality.

Pick the Best Car Insurance Company for You in Anchorage Municipality

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Anchorage Municipality insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Anchorage Municipality

For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $310 over the average Anchorage Municipality car insurance company.

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We use the average good driver, paying $100 per month, as our baseline for pricing in Anchorage Municipality. State Farm, Geico, and Progressive are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Anchorage Municipality drivers with accidents on their records

In Anchorage Municipality getting into an accident will raise premiums an average 26% for a yearly cost of $2,040. That's $528 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Geico, and Allstate are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $482 over the competition.

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The best car insurance company for Anchorage Municipality drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $301 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Anchorage Municipality, tickets raise premiums on new quotes about $145. If you have a speeding ticket, we recommend State Farm, Geico, and Allstate for savings that beat the average insurance cost of $1,658 per year.

The best auto insurance for Anchorage Municipality drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,217 per year in auto insurance premiums, which was $705 more than a driver with no major issues. State Farm, Progressive, and Allstate penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $331 less each year.

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The least expensive car insurance company for new and young drivers in Anchorage Municipality

In Anchorage Municipality, State Farm costs young drivers $819 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 67% more for insurance than more mature drivers in Anchorage Municipality. With an average cost of $4,620 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Geico, and Allstate try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Anchorage Municipality

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $109. State Farm, Geico, and Progressive provided the largest discounts to couples living in Anchorage Municipality.

State Farm gave the largest car insurance discounts to married couples, averaging $277 saved each year compared to an average Anchorage Municipality couple's premiums.

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The cheapest car insurance in Anchorage Municipality for drivers with bad credit

People with poor credit saved an average of $104 with Geico.

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Many people are surprised that their poor credit score can cost them an average of $724 every year. Premiums for people with poor credit were about $2,236 in Anchorage Municipality. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from State Farm, Geico, and Progressive.

The best Anchorage Municipality car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Anchorage Municipality, the National Association of Insurance Commissioners (NAIC) ranks Allstate as the best. Another valuable metric: JD Power ranks Geico as the best provider in Anchorage Municipality.

Allstate was the best company for customer service in Anchorage Municipality according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Anchorage Municipality, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Anchorage Municipality. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Anchorage Municipality

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 36% of Anchorage Municipality residents who are renting, and don't plan to be in the county or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Anchorage Municipality driver can expect to pay about $91 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Anchorage Municipality, USAA has the best prices for drivers with speeding tickets, drivers with accidents, good drivers, young drivers, drivers with a DUI conviction, married couples, and drivers with bad credit.
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Auto Insurance Prices in and Around Anchorage Municipality

What Influences the Cost of Car Insurance in Anchorage Municipality?

On average, car insurance in Anchorage Municipality is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the county are influenced by the following factors:

  • The average commute time in Anchorage Municipality is 23 minutes, which is far more than average for a driver in the state.
  • Alaska state insurance regulations may allow for lower prices.
  • An average of 26 to 27 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Anchorage Municipality are higher than average in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of F according to CrimeGrade.org.
  • Anchorage Municipality is one of the least populated areas in the state. The county’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Anchorage Municipality is $62 per month for minimum coverage and $126 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Counties

Counties with Similar Populations

* Who is the average Anchorage Municipality driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Anchorage Municipality with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.