Cheapest Car Insurance for Postal Workers in Alaska

We always joke that when we write about car insurance, the words “affordable” or “cheap” shouldn’t be used anywhere in the article as a descriptor for auto insurance rates. Despite the oxymoron, cheap car insurance for postal workers can be hard, if not impossible, to find. Don’t let that ruin your day, because we will teach you how you can still find insurance that is easier on your budget.

Deciphering which companies offer the cheapest auto insurance rates for postal workers will involve more time in order to find the best price.

Each auto insurance company uses a slightly different approach to set policy rates, so let’s rank the most affordable auto insurance companies in Alaska.

Best Car Insurance Prices for USPS Employees

Start Your Free Quote

Umialik generally has some of the cheapest car insurance rates in Alaska at around $865 each year. State Farm, USAA, Progressive, and GEICO would also be considered some of the more affordable Alaska car insurance companies.

As shown above, if you are a policyholder with Progressive and switched to State Farm, you may realize an annual premium reduction of in the neighborhood of $245. Alaska drivers with GEICO might save as much as $997 a year, and Allstate customers might see rate reductions of $1,432 a year.

It’s important to note that these premium estimates are averaged for all drivers and vehicles in Alaska and and are not calculated with a rate decrease for postal workers. So the insurer that fits you best may not even be shown in the company chart above. That affirms the importance of why you need to quote rates from as many companies as possible using your own individual information.

When buying car insurance for postal employees, one of the key things that helps car insurance companies calculate a rate quote is the neighborhood you call home. Larger areas like Anchorage, Wasilla, and Meadow Lakes tend to have more expensive car insurance rates, whereas cities that are not as densely populated tend to receive slightly lower rates.

The illustration below illustrates the most expensive areas in Alaska for postal workers to buy auto insurance in.

Table data uses approximated as the vehicle garaging location can decrease or increase rates considerably.

The car, truck, or SUV you are buying coverage for is probably the biggest factor when quoting the cheapest auto insurance for postal workers in Alaska. Vehicles with high performance, a lack of modern safety features, or a history of substantial liability claims will cost much more to insure than safer, lower-performance models.

The information below ranks insurance prices for the most affordable automobiles to insure.

Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Rate information does not factor in your specific Alaska location which can revise premiums greatly.

Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Price information does not factor in vehicle location which can alter price quotes considerably.

Data rating is 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, claim-free, multi-policy, homeowner, and safe-driver. Information does not factor in Alaska location which can decrease or increase rates noticeably.

Cost comparison with and without full coverage

Finding the cheapest auto insurance for postal workers in Alaska is important to the majority of people, and one of the fastest ways to buy cheaper insurance is to only buy liability insurance. The information below illustrates the difference between auto insurance rates when comparing full coverage to liability only. The prices are based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 2611,1095],[‘Age 30’, 1361,603],[‘Age 40’, 1329,559],[‘Age 50’, 1217,523],[‘Age 60’, 1183,515],[‘Age 70’, 1479,687]]);var options = {title: ‘Full Coverage and Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Alaska’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If all age groups are averaged, physical damage insurance costs $1,530 per year more than insuring for liability only. At some point, every insured wonders if it’s a good idea to buy full coverage. There is no specific rule to eliminate comp and collision coverage, but there is a guideline you can use. If the yearly cost of full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.

For example, let’s assume your vehicle’s replacement cost is $10,500 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $9,500 after the policy deductible has been paid. If premium cost is more than $950 a year for your policy with full coverage, then it may be the right time to buy liability only.

There are a few situations where dropping full coverage is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should keep full coverage in place.

Is the best company Geico, Allstate, State Farm, or Progressive?

When it comes to buying car insurance for postal employees, four of the larger companies to compare rates for are Geico, Allstate, State Farm, and Progressive. When combined, they make up nearly half of all auto insurance written. All four offer physical damage and liability coverage, but each has a distinct set of features and optional coverages that shoppers can choose from. The next table rates pricing and service ratings, plus some optional coverages .