Best Cheap Auto Insurance for Uninsured Drivers in Alaska

The vehicle you are seeking coverage for is a large factor when shopping for affordable coverage for uninsured drivers. Vehicles with higher performance characteristics, poor safety ratings, or high incidents of liability claims will cost substantially more to insure than safer models. The information below illustrates car insurance costs for a handful of the most economical automobiles to insure in Alaska.

Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in specific Alaska garaging location which can impact insurance rates considerably.

Based on these rates, we can conclude that vehicles like the Honda CR-V, Ford Escape, and Chevrolet Traverse should be some of the most budget-friendly vehicles to insure for drivers with no prior coverage.

When buying auto insurance for drivers with no prior coverage, one of the key factors that help set a rate quote is where you call home in Alaska. Cities with more crime and/or more people like Anchorage, Fairbanks, and Kenai tend to have higher auto insurance costs, whereas areas with lower crime rates and fewer weather claims get the luxury of paying less.

The next table sorts the most expensive cities in Alaska for uninsured drivers in which to buy car insurance.

Premium costs are estimated as the specific zip code location can raise or lower rates greatly.

Finding a high-quality insurance company can be difficult considering how many companies there are to choose from in Alaska. The ranking data shown next could help you decide which auto insurers you want to consider when insurance shopping for uninsured drivers.

The rankings below are only made up of large insurance companies, so companies that may only write in Alaska are not factored into this list. To compare prices and find cheaper insurance for uninsured drivers, simply click here.

Does full coverage make sense?

Finding the best cheap car insurance for uninsured drivers in Alaska should be important to the majority of people, and one way to find cheap insurance is to not buy comprehensive and collision coverage. The chart below visualizes the comparison of yearly insurance costs with full phyical damage coverage and with liability coverage only. The premium estimates are based on no claims or driving citations, $500 deductibles, marital status is single, and no discounts are taken into consideration.

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If averaged for all ages, physical damage insurance costs $1,409 per year more than carrying just liability coverage. Lot’s of drivers question if paying for full coverage is worth it. There is no definitive rule for phasing out full coverage, but there is a general school of thought. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.

Which major car insurance company is best?

If you want the best car insurance for drivers with no prior coverage, the companies with the most market share are State Farm, Geico, Progressive, and Allstate. They all have a little bit different set of discounts and options that buyers can select from. The table below points out price, claims, and customer service ratings, as well as some optional coverages that are available for customers.