Cheapest Auto Insurance with Multiple Speeding Tickets in Alaska

Our editors always tell us that when writing about auto insurance, the words “affordable” or “cheap” should never be used anywhere to describe car insurance rates. Despite the oxymoron, cheap car insurance with multiple speeding tickets may be a thing of the past. But don’t let that discourage you, because we will teach you how you can still get car insurance that doesn’t cost an arm and a leg.

Trying to buy low-priced auto insurance is confusing at best, and finding out which companies offer the lowest-priced auto insurance rates with multiple speeding tickets takes even more diligence. Every insurance company uses their own method for setting prices, so let’s rank the auto insurance companies that tend to have lower prices in Alaska.

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Umialik generally has some of the most affordable car insurance rates in Alaska at around $892 per year. USAA, State Farm, Progressive, and GEICO would also be considered some of the best Alaska car insurance companies.

In the above example, if you currently buy coverage from Progressive and switched to Umialik, you may see an annual savings of around $318. Insureds with GEICO might save as much as $1,070 a year, and Allstate policyholders might reduce rates by $1,435 a year.

To see if your current coverage is too expensive, click here to start your custom quote or visit several of the following companies.

Understand that those premiums are averaged across all drivers and vehicles and do not take into consideration a rate decrease with multiple speeding tickets. So the auto insurance company that is most affordable for your situation may not even be in the above rate chart. That points out the importance of why you need to quote rates from as many companies as possible using your own personalized driver profile and vehicle information.

The vehicle model that is being insured is a large factor when comparing the cheapest car insurance with multiple speeding tickets in Alaska. Vehicles with limited speed and performance, modern passenger safety features, or a positive history of liability claims will cost much less to insure than fast, unsafe models.

The next list estimates auto insurance premiums for a selection of the most affordable vehicles to insure.

Table data represents single female driver age 30, two speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, and multi-vehicle. Table data does not factor in vehicle garaging location which can affect coverage prices noticeably.

Based upon these rates, you can infer that models like the Ford Escape, Honda Accord, Hyundai Tucson, and Honda CR-V should be the most economical vehicles to insure after a few driving violations.

When shopping for insurance after a few driving violations, one of the many considerations that insurance companies use when figuring a rate quote is where your car is garaged. More populated areas like College, Meadow Lakes, and Homer tend to have more expensive car insurance rates, whereas more rural areas can boast about having cheaper rates.

The illustration below displays the most costly cities in Alaska with multiple speeding tickets to purchase auto insurance in.

Information shown are comparative as the specific geographic location can alter coverage rates greatly.

The chart below shows how choosing a deductible can impact insurance rates when searching for cheap insurance with multiple speeding tickets. The premiums assume a married female driver, comprehensive and collision coverage, and no discounts are applied.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 1723,1581,1417,1261],[‘Age 30’, 1211,1107,987,873],[‘Age 40’, 1195,1093,977,869],[‘Age 50’, 1049,963,865,769],[‘Age 60’, 1001,917,823,729],[‘Age 70’, 1073,985,887,791]]);var options = {title: ‘Comparison of Deductible Levels and Insurance Premiums in Alaska’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

A 40-year-old driver could lower rates by $184 a year by changing from a $100 deductible up to a $500 deductible, or save $280 by choosing a $1,000 deductible. Young drivers, like the 20-year-old, could lower their rates up to $462 or even more just by choosing higher deductibles. If you do make the decision to raise your deductibles, it will be required to have enough savings set aside to allow you to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

Insurance rate increases from tickets or accidents

In a perfect world, the best way to snag the cheapest auto insurance prices in Alaska after a few driving violations is to drive cautiously and not have accidents or get tickets. The example below demonstrates how speeding tickets and at-fault fender-benders raise auto insurance costs for different ages of insureds. The rates are based on a single male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 3293,3915,4545],[‘Age 30’, 1697,2313,2949],[‘Age 40’, 1677,2301,2937],[‘Age 50’, 1527,2151,2787],[‘Age 60’, 1483,2103,2737],[‘Age 70’, 1815,2435,3067]]);var options = {title: ‘Effect of Tickets and Accidents on Alaska Car Insurance Prices’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Alaska’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the example above, the average cost of auto insurance in Alaska per year with no accidents and a clean driving record is $1,915. Add in two speeding tickets and the average cost surges to $2,536, an increase of $621 each year. Then add in one accident along with the two speeding tickets and the annual cost of auto insurance with multiple speeding tickets jumps again to an average of $3,170. That’s an increase of $1,255, or $105 per month, just for not driving carefully!