Best Cheap Auto Insurance for Low Credit Scores in Alaska

One of the more important considerations that is looked at to determine car insurance rates is where you keep your car in Alaska. Areas with more people or even just a higher incidence of claims like Meadow Lakes, Anchorage, and College tend to pay higher rates, whereas areas with less crime or weather claims have the luxury of the best cheap auto insurance for low credit scores in Alaska.

The illustration below ranks the higher priced cities in Alaska for low credit scores to purchase car insurance in.

Prices are comparative as vehicle location can modify price quotes substantially.

The car, truck, or SUV that is being insured is a large consideration when looking for the best cheap auto insurance for low credit scores in Alaska. Vehicles with high performance, poor passenger safety features, or high incidents of liability claims will cost more to insure than safer models. The table below outlines coverage premiums for a selection of the more afforable automobiles to buy insurance for.

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Information does not factor in specific zip code location which can decrease or increase premiums greatly.

Based upon the rates shown, you can see that vehicles like the Ford Escape, Honda Accord, Honda CR-V, Hyundai Elantra, and Ford Focus are going to be a few of the cheaper vehicles to insure for bad credit.

The information below highlights how deductible choice can raise or lower insurance premiums when researching cheap insurance for low credit scores. The premium estimates are based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.

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In the chart above, a 50-year-old driver could cut expenses by $258 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $388 by changing to a $1,000 deductible. Even younger drivers, like the Age 20 chart data, could potentially save $658 annually by choosing a higher deductible. If you do decide to increase your deductibles, it is necessary to have spare funds to offset the extra out-of-pocket expense. That is the one drawback of using higher deductibles.