Best Cheap Car Insurance for Handicapped Drivers in Alaska

Comparing quotes for cost effective auto insurance is confusing at best, and determining which insurers offer the cheapest auto insurance rates for handicapped drivers will require even more diligence. Each company uses a slightly different approach for establishing rates, so we’ll take a look at the overall cheapest auto insurance companies in Alaska.

Keep in mind that Alaska auto insurance rates are based on many factors that can increase the price you pay. Simply turning a year older, buying a newer car, or getting a DUI can trigger price changes that can cause some rates to be cheaper in comparison to the competition.

Find Cheaper Auto Insurance in Alaska

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Umialik offers some of the most affordable car insurance rates in Alaska at around $892 each year. USAA, State Farm, Progressive, and GEICO would also make the list of some of the cheaper Alaska insurance companies.

In the above example, if you currently have a policy with Progressive and switched to Umialik, you may see an annual premium reduction of around $368. Insureds with GEICO could save as much as $1,070 a year, and Allstate customers might lower prices by up to $1,411 a year.

Remember that these premium estimates are averaged for all ages of drivers and types of vehicles and do not take into consideration a price discount for handicapped drivers. So the car insurance company that is best for you may not even be in the list of companies shown earlier. That emphasizes why you need to compare prices as often as possible using your own driver data and vehicle information.

The vehicle you are seeking coverage for is one of the largest considerations when shopping around for the most economical auto insurance for handicapped drivers. Vehicles with lower performance, a great safety record, or a positive history of liability claims will cost much less to insure than higher performance models. The next tables shows auto insurance prices for a selection of the cheapest vehicles to insure.

Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Estimates do not factor in the specific area where the vehicle is garaged which can modify auto insurance rates considerably.

Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Prices do not factor in specific location which can change coverage prices significantly.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rates do not factor in specific location which can impact insurance rates greatly.

One of the more important criteria that determine the annual cost of car insurance is where you live. Areas with increased crime or more people like Anchorage, Meadow Lakes, and Wasilla likely pay more, whereas cities that are not as densely populated generally pay lower car insurance rates.

The following table shows the most expensive areas in Alaska for handicapped drivers in which to buy car insurance.

Annual rates are estimated as specific Alaska zip code can change prices noticeably.

Best auto insurance company in Alaska

Finding a highly-rated insurance provider is difficult considering how many choices you have in Alaska. The ranking information listed below may help you choose which insurers you want to consider when shopping car insurance rates for handicapped drivers. These rankings are only made up of companies that insure vehicles nationwide, so smaller companies that only insure vehicles in Alaska are not included in these rankings.

Top 10 Major Auto Insurers in Alaska Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. The General
5. State Farm
6. AAA Insurance
7. Allstate
8. Esurance
9. Safeco
10. 21st Century

Top 10 Major Auto Insurers Overall in Alaska

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Progressive
9. Allstate
10. Liberty Mutual

Liability only or full coverage

Finding the best cheap car insurance for handicapped drivers in Alaska is probably important to most vehicle owners, and one great way to find cheap insurance is to not buy full coverage. The diagram below visualizes the comparison of car insurance rates with and without full coverage. The prices are based on no tickets, no at-fault accidents, $100 deductibles, drivers are single, and no other discounts are factored in.

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If we average the cost for ages 20 through 70, physical damage insurance costs an additional $2,095 per year over and above liability only. That may make you wonder if it’s worth it to buy full coverage. There is no clear-cut formula of when to phase out physical damage insurance, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

There are some conditions where dropping full coverage is not advised. If you still have a loan on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Cheapest car insurance: Geico, Allstate, State Farm, or Progressive

If you want reliable auto insurance for drivers with handicaps in Alaska, the top insurers to get price quotes from are Geico, Allstate, State Farm, and Progressive. All four offer physical damage and liability coverage, but each has a little bit different set of discounts and options that shoppers can choose from. The next table rates pricing and service ratings, plus some optional coverages you can expect with each one.