Who Has Cheap Auto Insurance for Hybrid Vehicles in Alaska?

Who Has Cheap Auto Insurance for Hybrid Vehicles in Alaska?

Finding decent, cost effective car insurance is not easy, and determining which companies quote the lowest-priced car insurance rates for hybrid vehicles will require additional perseverance. Each company uses a different method to establish rates, so first let’s look at the rankings for the most budget-friendly car insurance companies in Alaska.

It’s important to know that Alaska car insurance rates are calculated based on many things which can significantly increase or decrease the price you have to pay. That is why Alaska drivers need to shop around when trying to get affordable car insurance quotes for hybrid vehicles. Car insurance prices are made up of many factors and can increase or decrease at any time, so the most economical company the last time you shopped around may now be one of the more expensive options.

Best Insurance Companies for Hybrids

Compare Rates Today

Cheapest insurance companies in Alaska
Rank Company Cost Per Year
1 Umialik $874
2 State Farm $965
3 USAA $967
4 Progressive $1,260
5 GEICO $1,962
6 Allstate $2,327
7 Safeco $2,451
Get a Custom Quote Go

Umialik has some of the best car insurance rates in Alaska at around $874 per year. State Farm, USAA, Progressive, and GEICO also qualify as some of the most economical Alaska auto insurance companies.

In the above rates, if you buy coverage from State Farm and switched to Umialik, you might achieve a yearly price reduction of around $91. Alaska drivers with USAA may save as much as $93 a year, and Progressive customers might lower prices by up to $386 a year.

These policy rates are averaged across all insureds and vehicles and are not factoring in a rate decrease for hybrid vehicles. So the auto insurance company that is best suited for you may not even be shown in the list above. That points out the importance of why you need to get auto insurance quotes using your own specific driver and vehicle information.

The make and model of vehicle that is being insured is probably the biggest factor when comparing cheap car insurance for hybrid vehicles in Alaska. Vehicles with lots of speed or power, a lack of modern safety features, or a history of substantial liability claims will cost substantially more to insure than more modest models. The next list presents car insurance prices for some of the most cost-effective automobiles to buy coverage for.

Cheapest Auto Insurance Rates for Hybrid Vehicles in Alaska
Vehicle Insured Estimated Cost for Full Coverage
Honda CR-V EX-L 2WD $527
Hyundai Elantra SE Touring Station Wagon $558
Ford F-150 STX Super Cab 2WD $567
Chevrolet Traverse LT AWD $570
Kia Forte LX 4-Dr Sedan $578
Subaru Forester X Limited Edition AWD $581
Toyota Tacoma 2WD $597
Ford Escape Limited 2WD $601
Toyota Camry LE $609
Volkswagen Jetta S 4-Dr Sedan $615
Chevrolet Malibu Hybrid $609
Honda Odyssey LX $646
Toyota Prius $651
Jeep Grand Cherokee Limited 4WD $653
Nissan Rogue S 2WD $662
Dodge Grand Caravan CV $659
Nissan Altima 2.5 4-Dr Sedan $697
Chevrolet Impala LT $702
Jeep Wrangler Rubicon 4WD 2-Dr $708
Ford Explorer Limited AWD $710
Start a Quote Go

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Information does not factor in garaging location in Alaska which can revise price quotes substantially.

Based upon the rates shown, we can tell that vehicles like the Honda CR-V, Hyundai Elantra, Ford F-150, and Chevrolet Traverse are a few of the less-costly vehicles to insure for hybrids.

For hybrids, one of the more important criteria used to calculate the amount you pay each year for auto insurance is where you normally keep your vehicle. Areas with a lot of weather claims or more people like Palmer, Wasilla, and Anchorage are more likely to have higher rates, whereas less populated areas generally pay less for car insurance.

The illustration below shows the highest-priced areas in Alaska for hybrid vehicles to purchase a policy in.

Car insurance prices in Alaska
Rank City Annual Rate
1 Palmer $1,291
2 Meadow Lakes $1,291
3 Wasilla $1,278
4 Fairbanks $1,272
5 Anchorage $1,256
6 College $1,244
7 Nikiski $1,238
8 Homer $1,226
9 Sterling $1,226
10 Kodiak $1,203
11 Kenai $1,190
12 Ketchikan $1,055
13 Sitka $997
14 Juneau $979
Start a Quote Go

Rate information is comparative as the vehicle garaging location can increase or decrease prices significantly.

Picking the highest-rated company can be rather challenging considering how many different companies sell coverage in Alaska. The rank data shown below could help you pick which coverage providers to look at comparing rate quotes with.

These rankings include companies that insure vehicles across America, so companies that only write business in Alaska or surrounding areas will not be included in these rankings. If you’d like to compare prices from the most competitive companies in Alaska, follow this link.

Alaska Car Insurance Company Rankings
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Liberty Mutual 84 87 93 88% A 88.5
Compare Rates Now Go

Data Source: Insure.com Best Car Insurance Companies

How to find cheap car insurance for hybrid vehicles in Alaska

The list below details some of the better penny-pinching solutions that can help Alaska drivers locate more affordable car insurance.

  • Do not get traffic violations
  • Vehicles with safetly features generally cost less to insure
  • Remain accident-free and save
  • Do not pay for full coverage on older vehicles
  • Increase physical damage deductibles
  • Clean up your credit rating
  • Compare rate quotes often

The last tip in the list is extraordinarily critical, as we stressed in the article above. Insurance rates change frequently, so don’t be unwilling to switch to a new company if a more affordable price is available. Loyalty to a specific company is fine, but it’s not recommended if that stubbornness costs you a lot of money. If you have a few minutes, now is a great time to compare prices to find cheaper insurance for hybrid vehicles.