AK
How much car insurance costs in Alaska

The average driver in Alaska pays about $1,262 a year for full coverage — about 12% less than the US average of $1,438. That ranks Alaska #28 of 51 states (mid-pack). The car you drive then shifts it: a cheap-to-insure model can land near $606, a high-loss one well over $9,293.

STATE AVG
$1,262
Alaska average / year
RANK
#28
of 51 states
VS US
-12%
vs US average
MONTHLY
$105
per month (typical)
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Alaska insurance cost by coverage

Average Alaska premium split by coverage type — liability is required, full coverage adds collision + comprehensive.

FIG.01
01
Liability-onlyper year$624
02
Collisionper year$458
03
Comprehensiveper year$180
04
Full coverage (combined)per year$1,262
TOP 4·UNIT avg $/yr·SOURCE NAIC 2023
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Minimum car insurance required in Alaska

Alaska legally requires at least 50/100/25 in liability coverage — $50,000 bodily injury per person, $100,000 per accident, and $25,000 property damage. These are legal minimums — most drivers carry more to fully protect themselves.

MIN REQUIRED
$50,000
bodily injury / person
MIN REQUIRED
$100,000
bodily injury / accident
MIN REQUIRED
$25,000
property damage

Minimum coverage is the cheapest to buy, but it may not cover a serious crash — full coverage adds collision and comprehensive for your own car.

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Cheapest cars to insure in Alaska

Estimated annual premium in Alaska, cheapest first — state average × each car's real HLDI loss index.

FIG.02
01
Chevrolet Express48% of avg$606
02
Smart Fortwo49% of avg$620
03
Mini Cooper Roadster62% of avg$779
04
Volvo S60 Cross Country63% of avg$791
05
Buick Rendezvous65% of avg$823
06
Subaru Forester66% of avg$830
07
Buick Terraza66% of avg$834
08
Ford E-35066% of avg$834
09
GMC Acadia67% of avg$840
10
Mini Cooper67% of avg$842
11
Subaru Outback67% of avg$842
12
GMC Savana67% of avg$843
TOP 12·UNIT est. $/yr in AK·SOURCE NAIC × HLDI
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Most expensive cars to insure in Alaska

The priciest cars to insure in Alaska — powerful, theft-prone and costly to repair.

FIG.03
01
McLaren 720S736% of avg$9,293
02
Bentley Continental695% of avg$8,766
03
Ferrari 458 Italia655% of avg$8,266
04
BMW i8617% of avg$7,780
05
Aston Martin DBX589% of avg$7,432
06
Aston Martin Vantage576% of avg$7,268
07
Lamborghini Huracan573% of avg$7,235
08
Bentley Flying Spur536% of avg$6,767
09
McLaren 570S484% of avg$6,108
10
Audi R8478% of avg$6,035
11
Ferrari Roma466% of avg$5,885
12
Maserati Granturismo455% of avg$5,746
TOP 12·UNIT est. $/yr in AK·SOURCE NAIC × HLDI
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Alaska insurance cost by year

Alaska premiums are up about +11% since 2019. Average Alaska premium by year:

FIG.04
YearAlaska avg / yr
2023$1,262/yr
2022$1,155/yr
2021$1,119/yr
2020$1,113/yr
2019$1,142/yr
ROWS 5·SOURCE NAIC

Car insurance cost in Alaska's largest cities

Rates vary within Alaska by city and ZIP — dense metros like Anchorage run above the state average, while smaller towns run below. Estimated typical premium in Alaska's biggest cities:

FIG.06
CityEst. typical / yrvs state avg
Anchorage$1,388/yr+10% urban
Fairbanks$1,350/yr+7% urban
Juneau$1,325/yr+5% urban
Wasilla$1,312/yr+4% urban
Sitka$1,287/yr+2% urban
ROWS 5·SOURCE estimated · NAIC state avg

City figures are estimates — urban areas trend above the state average; your exact rate depends on your ZIP, car and record. Use the calculator above for your specific car.

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Alaska car insurance — FAQ

How much is car insurance in Alaska?
The average is about $1,262/yr ($105/mo) for full coverage — 12% below the US average. Your exact rate depends on your car, age and record.
What is the minimum car insurance required in Alaska?
Alaska requires at least 50/100/25 liability — $50,000 bodily injury per person, $100,000 per accident and $25,000 property damage.
Is car insurance expensive in Alaska?
Alaska ranks #28 of 51 states (mid-pack). At $1,262/yr it is below the national average of $1,438.
What is the cheapest car to insure in Alaska?
On our data, low-loss models like the Chevrolet Express are cheapest to insure in Alaska — around $606/yr.
How much is car insurance per month in Alaska?
About $105/month for a typical car with full coverage — less for cheap-to-insure models, more for high-performance ones.
Alaska premium from NAIC state average data (2023); per-model estimates combine the state average with each car's HLDI insurance-loss index. State averages reflect all drivers; your quote varies with car, age, record, credit and coverage. For research, not a quote. Reviewed by Denis Kataev, founder of ForCar.
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