Who Has the Cheapest Car Insurance for Low Income Drivers in Alaska?

Finding reliable, reasonably-priced car insurance is not most people’s favorite thing to do, and determining which company quotes the best insurance rates for low income drivers may require even more rate comparisons. Each insurance company has their own formula for determining rates in each state, so let’s begin by taking a look at the most competitive insurance companies in Alaska.

Best Cheap Insurance Rates in Alaska

Compare Rates Today

Umialik may offer some of the most affordable car insurance rates in Alaska at around $865 a year. USAA, State Farm, Progressive, and GEICO also qualify as some of the lowest-priced Alaska car insurance companies.

As shown in the rates above, if you currently buy coverage from State Farm and switched to Umialik, you might realize an annual savings of about $140. Alaska drivers with Progressive could save as much as $395 a year, and GEICO policyholders might reduce rates by $1,097 a year.

To find the cheapest auto insurance for low income drivers in Alaska for your vehicle, click here to get a free quote or quote prices from the following companies.

Remember that these premium estimates are averages for all insureds and vehicles and and are not calculated with a price discount for low income drivers. So the company that has the lowest price for you may not even be in the above list. That illustrates why you need to compare rates from multiple companies using your own individual information.

Performance level and cost of the vehicle to be insured is one of the biggest factors when shopping around for the cheapest auto insurance for low income drivers in Alaska. Vehicles with economical engines, good safety features, or a low likelihood of liability claims will cost significantly less to insure than high performance models.

The next lists ranks insurance rates for the most affordable automobiles to buy coverage for.

Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Information does not factor in vehicle garaging location which can raise or lower prices substantially.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in garaging location in Alaska which can decrease or increase premium rates considerably.

Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Premium amounts do not factor in specific zip code location which can affect insurance rates considerably.

For poor drivers, one of the largest criteria used to calculate the amount you pay each year for auto insurance is where you call home in Alaska. Areas that are more densely populated or have higher claim rates like Meadow Lakes, Fairbanks, and Wasilla are more likely to have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims receive better rates.

The next table lists the more expensive cities in Alaska for low income drivers to purchase auto insurance in.

Prices are comparative as specific Alaska garaging address can lower or raise premiums considerably.

Company comparison: Progressive vs Allstate vs Geico vs State Farm

If you want reliable car insurance for poor drivers, four good companies to start with are Progressive, Allstate, Geico, and State Farm. When combined, they insure nearly half of the car insurance market in the United States. The next table points out pricing and service ratings, plus some optional coverages that may be available in your state.