Finding out which companies offer the cheapest insurance rates for 18 year olds involves a bit more work in order to find the lowest price. Every insurance company has their own unique process to determine rates, so we’ll take a look at the insurance companies with the most affordable rates in Alaska.
Keep in mind that Alaska insurance rates are influenced by many factors that may substantially change your annual premium. Simply turning a year older, increasing deductibles, or having an accident may prompt premium changes that may make certain companies cheaper in comparison to the competition.
Compare Cheap Insurance Quotes for Teens
Rank | Company | Cost Per Year |
---|---|---|
1 | Umialik | $892 |
2 | USAA | $939 |
3 | State Farm | $975 |
4 | Progressive | $1,210 |
5 | GEICO | $1,962 |
6 | Allstate | $2,303 |
7 | Safeco | $2,501 |
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Umialik quotes some of the best car insurance rates in Alaska at around $892 each year. USAA, State Farm, Progressive, and GEICO are also some of the best Alaska auto insurance companies.
In the rate table above, if you currently have coverage with Progressive and switched to Umialik, you might realize an annual premium reduction of in the vicinity of $318. Insureds with GEICO may save as much as $1,070 a year, and Allstate policyholders might lower prices by up to $1,411 a year.
To get a quick, customized rate comparison, click here to start your custom quote or visit several of the following companies.
Be aware that those rates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a price increase for 18 year olds. So the insurer that fits you best may not even be shown in the company chart above. That underscores the importance of why you need to get auto insurance quotes using your own driver data and vehicle information.
For teen drivers, one of the more important factors used to calculate the price you pay for insurance is your address. Areas that are more densely populated like College, Palmer, and Meadow Lakes tend to pay higher rates, whereas less populated areas generally pay less for insurance.
The information below shows the highest-priced areas in Alaska for 18 year olds in which to buy car insurance.
Rank | City | Average Per Year |
---|---|---|
1 | College | $1,282 |
2 | Wasilla | $1,278 |
3 | Palmer | $1,265 |
4 | Anchorage | $1,256 |
5 | Meadow Lakes | $1,252 |
6 | Fairbanks | $1,246 |
7 | Nikiski | $1,238 |
8 | Homer | $1,238 |
9 | Kodiak | $1,203 |
10 | Kenai | $1,202 |
11 | Sterling | $1,190 |
12 | Ketchikan | $1,055 |
13 | Juneau | $999 |
14 | Sitka | $997 |
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Rate quotes are approximated as the specific garaging location can modify rates substantially.
Insuring your vehicle with the top car insurance company can be rather challenging considering how many companies there are in Alaska. The company ratings shown next may help you select which car insurance companies to look at when trying find the best insurance for 18 year olds. The rankings below include the largest auto insurers in America, so companies without a large exposure will not be included in these 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 |
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Data Source: Insure.com Best Car Insurance Companies