Who Has the Cheapest Insurance Quotes for Electric Cars in Alaska?

The words “economical” and “auto insurance” really shouldn’t be used in the same sentence, especially when you are looking for the lowest insurance prices for electric cars. Let’s start off by going over a few of the factors that influence auto insurance premiums, and come up with some ideas to take a little off the next policy you buy.

When buying auto insurance for eco-friendly vehicles, one of the key things that is used by auto insurance companies to determine rate quotes is where you choose to live. Areas with more people or even just a higher incidence of claims like Palmer, Anchorage, and College tend to have higher rates, whereas less populated areas generally pay less for auto insurance.

The information below illustrates the highest-priced areas in Alaska for electric cars in which to purchase auto insurance.

Premium amounts are comparative as the specific area where the vehicle is garaged can affect insurance rates greatly.

Locating low-cost insurance is tough enough, and figuring out which companies offer the most affordable auto insurance rates for electric cars will involve even more shopping around. Every insurance provider has their own formula to determine rates, so we’ll take a look at the auto insurance companies that tend to have lower prices in Alaska.

Keep in mind that Alaska auto insurance rates are based on many factors that control your annual premium. This price fluctuation is why consumers need to take the time to compare many different companies to get the most economical insurance quotes for electric cars. Auto insurance prices are calculated by many different factors and can decrease or increase without notice, so the lowest-price company six months ago may now be one of the more expensive options.

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Umialik may offer some of the cheapest car insurance rates in Alaska at around $901 a year. USAA, State Farm, Progressive, and GEICO would also be considered some of the cheaper Alaska insurance companies.

As illustrated above, if you are a customer of USAA and switched to Umialik, you may see savings of in the neighborhood of $38. Drivers with State Farm could save as much as $64 a year, and Progressive insureds might lower prices by up to $309 a year.

Be aware that those premium estimates are averaged for all insureds and vehicles and and are not figured with a price decrease for electric cars. So the company that is most affordable for your situation may not even be in the list of companies above. That affirms the importance of why you need to get auto insurance quotes using your own personalized driver profile and vehicle information.

Is Geico, Progressive, State Farm, or Allstate cheaper?

If you’re looking for the cheapest auto insurance for eco-friendly vehicles in Alaska, the four most popular companies are Geico, Progressive, State Farm, and Allstate. If you combine them together, they insure 48.5% of all policies written. All of them have a distinct set of features and optional coverages that may influence your buying decision. The table below compares and contrasts some of the different options that you can purchase from each one.