Cheapest Insurance for Drivers with Good Credit in Alaska

When shopping for auto insurance for financially responsible drivers, one of the many things that aid in calculating the price of your policy is the neighborhood you call home in Alaska. Larger areas like College, Fairbanks, and Anchorage tend to have more expensive car insurance rates, whereas areas that are not as densely populated have the benefit of the cheapest insurance for drivers with good credit in Alaska.

The table below displays the most expensive cities in Alaska for drivers with good credit to buy an auto insurance policy in.

Information shown are approximated as the specific zip code location can decrease or increase premium rates considerably.

Finding out which companies have the cheapest car insurance rates for drivers with good credit requires a little more effort than just comparing rates from one or two companies.

Each insurance company has their own unique process for determining prices, so let’s take a look at the overall cheapest car insurance companies in Alaska. It’s a good idea to be aware that Alaska car insurance rates are impacted by many things which can substantially decrease or increase the cost of a policy. Simply improving your credit, buying a home, or getting a ticket for running a stop sign can trigger price changes resulting in some companies being affordable when they were higher priced.

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Umialik offers some of the lowest car insurance rates in Alaska at around $892 each year. USAA, State Farm, Progressive, and GEICO are also some of the most economical Alaska insurance companies.

As illustrated above, if you are a policyholder with State Farm and switched to Umialik, you might realize yearly savings of about $113. Insureds with Progressive may save as much as $318 a year, and GEICO insureds might reduce rates by $994 a year.

It’s important to note that these prices are averaged across all ages of drivers and types of vehicles and are not factoring in a rate decrease for drivers with good credit. So the auto insurance company that fits your age and vehicle best 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 driver information and specific vehicle type.

The make and model of vehicle to be insured is a large factor when shopping around for the cheapest insurance for drivers with good credit in Alaska. Vehicles with economical engines, a great safety record, or low incidents of liability claims will cost much less to insure than fast, unsafe models.

The next list features auto insurance rates for the most budget-friendly automobiles to buy coverage for.

Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Estimates do not factor in your specific Alaska location which can impact price quotes substantially.

Based on these rates, we can infer that models like the Hyundai Elantra, Ford Escape, and Honda CR-V should be some of the cheaper vehicles to insure for financially responsible drivers.

Progressive, Allstate, Geico, and State Farm: Who is cheapest?

If you are looking for the best auto insurance, four companies to definitely compare rates with are Progressive, Allstate, Geico, and State Farm. All offer your standard physical damage and liability coverages, but each one has slightly different options that may steer you one way or another. The data below points out some of the different options and features .