Valuepenguin analyzed quotes from twelve different carriers to know the cheapest auto Insurance. From the scenario, a 30 year old single male driver with a 2011 Toyota Camry insured for liability coverage of 50/100/25. Below are the carriers with the Cheapest Auto Insurance Quotes in Alaska.
Cheapest Auto Insurance Quotes in Alaska
From the analysis above, the five cheapest insurance company in Alaska were United Services, USAA, GEICO, 21st Century, and State Farm. Furthermore, there are other low cost providers to choose from if drivers do not meet USAA requirements.
Most Expensive Auto Insurance Companies in Alaska
The most expensive companies in Alaska include:
- Teachers Insurance
- Amica
- Safeco.
The average annual premium for these three insurers is $1,108, almost $335 difference from the state average for our sample driver.
Auto Insurance Companies in Alaska
Below are the 12 car insurance companies in Alaska that were used in this study.
| Company | Yearly Rate |
| United Services | $435 |
| USAA | $485 |
| GEICO | $545 |
| 21st Century | $667 |
| State Farm | $681 |
| Liberty Mutual | $760 |
| Country Mutual | $767 |
| Allstate | $799 |
| Progressive | $810 |
| Safeco | $918 |
| Amica | $1,068 |
| Teachers Insurance Company | $1,339 |
Minimum Auto Insurance Requirements in Alaska
The minimum amounts of liability insurance in Alaska include:
- $50,000/$100,000 for bodily injury or death
- $25,000 for property damage.
ALSO SEE: What Is SR-22 Auto Insurance
If you own a car that is registered in Alaska, you are required to carry at least the minimum insurance.
| Coverage Type | Alaska Minimum Limits | Study Limits |
| Bodily Injury Liability | $50,000 per person/ $100,000 per accident | $50,000 per person/$100,000 per accident |
| Property Damage | $25,000 | $25,000 |
| Uninsured/ Underinsured Coverage | Optional | $50,000 per person/ $100,000 per accident |
| Medical Payments | Optional | $5,000 |
| Comprehensive and Collision | Optional | $500 Deductibles |
Best Car Insurance Companies in Alaska
| Car Insurance Company | Written Premiums | Complaint Index |
| State Farm | $122,425,453 | 0 |
| Progressive | 47,115,979 | 0 |
| Safeco | 13,993,788 | 0 |
| Country Financial Insurance | 12,687,513 | 0 |
| Hartford | 12,239,589 | 0 |
| 21st Century | 5,967,443 | 0 |
| Liberty Mutual | 951,531 | 0 |
| MetLife | 655,847 | 0 |
| Foremost | 599,337 | 0 |
| Amica | 454,543 | 0 |
| National General | 448,054 | 0 |
| Markel Insurance | 154,977 | 0 |
| GEICO | 80,517,722 | 0.93 |
| Allstate | 63,564,881 | 1.17 |
| USAA | 76,785,248 | 2.91 |
| Horace Mann | 6,217,879 | 5.99 |
| Umialik Insurance Company | 2,112,694 | 17.64 |
All the quotes above are gotten from a thirty year old single male driver, who drove a 2011 Toyota Camry all-wheel drive with 4 doors and had the same liability coverage of 50/100/25.
The post Which Company Has The Cheapest Auto Insurance Quotes in Alaska? appeared first on Insurance Gist.
