How Much are Car Insurance Quotes for Real Estate Agents in Alaska?

You have seen the catchy commercials from car insurance companies like Allstate, Nationwide, and Farmers claiming the cheapest rates. So you just need to pick the company with the catchiest ad, right?

It’s not that simple, unfortunately, as there are a whole bunch of unknowns such as your gender, if you have ever let your coverage lapse, the amount of driving experience you have, and your credit history, that all go into determining the rate you pay. We are going to cover the things that influence insurance rates and will hopefully give you a good start in finding the cheapest car insurance in Alaska.

Deciphering which company has the lowest-priced car insurance rates for real estate agents takes more time in order to find coverage that fits your buget. Every car insurance company has a unique approach to set policy rates, so let’s take a look at the overall cheapest car insurance companies in Alaska.

It’s important that you understand Alaska car insurance rates are influenced by many factors which can substantially decrease or increase the price you pay for coverage. Simply improving your credit, having a teen driver, or getting caught speeding can trigger rate changes that can cause some rates to be affordable when they were higher priced.

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Umialik generally has some of the most affordable car insurance rates in Alaska at around $874 a year. USAA, State Farm, Progressive, and GEICO also are some of the most economical Alaska auto insurance companies.

In the above rates, if you are currently insured with GEICO and switched to USAA, you might see an annual premium reduction of about $966. Insureds with Allstate might save as much as $1,388 a year, and Safeco insureds might realize rate reductions of up to $1,562 a year.

To see if you’re overpaying, click here to get a free quote or feel free to get quotes from the companies below.

Remember that these premiums are averaged across all drivers and vehicles and and are not figured with a rate discount for real estate agents. So the insurer that has the lowest price for you may not even be included in the list above. That points out the importance of why you need to get quotes using your own individual information.

The vehicle you are buying coverage for is probably the biggest factor that determines whether or not you can buy cheap car insurance for real estate agents in Alaska. Vehicles with high performance engines, poor passenger safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than more modest models.

The list below features insurance premiums for the most cost-effective automobiles to buy coverage for.

Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate information does not factor in vehicle garaging location which can change premiums noticeably.

Based upon the table data, you can see that makes and models like the Honda CR-V, Honda Accord, Ford Escape, and Ford F-150 are most likely to be a few of the more affordable vehicles to insure for realtors.

Get discounts on Alaska auto insurance rates

Car insurance companies that sell cheap car insurance for real estate agents in Alaska may also offer policy discounts that can lower rates by as much as 35% if you can meet the requirements. Larger car insurance companies and their possible discounts are outlined below.

The illustration below illustrates the comparison of auto insurance costs with and without discounts. The premium estimates are based on a male driver, no driving violations, no at-fault accidents, Alaska state minimum liability limits, full coverage, and $500 deductibles.

The first bar for each age group shows the price with no discounts. The second shows the rates with multiple vehicle, safe-driver, marriage, accident-free, claim-free, and homeowner discounts applied. In this example, the average amount saved each year on car insurance for real estate agents is % or $.

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Is Allstate, State Farm, Progressive, or Geico cheaper?

If you want reliable auto insurance for realtors in Alaska, the most popular companies are Allstate, State Farm, Progressive, and Geico. When added together, they insure over 45% of all car insurance policies in America. All four offer physical damage and liability coverage, but each has different features and discounts that may influence your buying decision. The following table shows price and claims rank as well as some different options you can expect with each one.

How to find cheap car insurance for real estate agents in Alaska

It’s not impossible to find cheaper rates, and here are some of the better penny-pinching solutions that can help drivers quote lower-cost auto insurance.

• Do not get traffic citations
• Pay for small claims rather than turning them in to your insurance company
• Vehicles with good safety ratings have lower liability rates
• Avoid having at-fault accidents
• Higher credit scores can equal lower rates
• Compare quotes from other companies often

That last piece of advice is highly vital, as we emphasized in the article above. Auto insurance rates fluctuate considerably, so drivers shouldn’t be resistant to switch companies if a more affordable price is available.

Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if it’s costing you thousands of dollars over the life of your policy. Now is a great time to shop around to find cheaper car insurance for real estate agents.

Who has the cheapest insurance quotes for realtors?

Thanks to technology, drivers have a lot of ways to quote and buy car insurance in Alaska, but the most prevalent ways are from an independent agent, an exclusive insurance agent like Liberty Mutual or Allstate, or from a direct company like Geico or Progressive. All three ways can provide car insurance quotes, but shoppers should understand the differences in how they work.

Independent insurance agents write for multiple companies and can compare rates with all of them. These types of agencies do not sell for just one brand and can provide multiple price quotes, which may provide you with more bang for your buck. If a cheaper price is found, they simply switch companies in-house which prevents you from having to find a new agency.

A captive or exclusive agent is able to quote prices with just one company, two examples are Farmers Insurance or State Farm agents. Exclusive agents cannot provide rates from more than one company, so unless you get quotes from other companies, you cannot determine which is cheapest.

Buying from a direct company means forego a local insurance agent and instead shop buying direct from a company like Esurance or Progressive. Buying car insurance direct may be good for families who have limited assets and know more than average about how their policy works.

So which one of the three ways works best to buy cheap car insurance for real estate agents in Alaska? Our initial answer would be buying from a direct company saves the most money because there is no agent involved, but that does not always hold true. A valid argument could also be made that using an independent agent is the best way since they have access to many companies, but again, it’s not a sure thing. And often times, exclusive agents have price quotes that independents and direct companies can’t touch.

Because it’s impossible to say who has the best car insurance rates, really the only way to get the lowest rate is to get rate quotes and compare. Take some time and get rate quotes from all three in order to have enough rates to compare. For a list of companies offering online discounts in Alaska, click here to view.