Who Has Cheap Auto Insurance Quotes for a Learners Permit in Alaska?

You have probably seen the ads from auto insurance companies like State Farm, Progressive, and Farmers guaranteeing big savings. So drivers just need to pick the one with the best commercial, right?

It’s just not that simple, as there are a whole bunch of unknown elements such as the amount of driving experience you have, your vehicle’s safety rating, and if your vehicle is used for personal use or work. In this article, we will cover the types of situations that result in high rates and hopefully give you enough understanding to have a jump start in finding the best auto insurance.

The make and model of vehicle you are trying to insure is a large factor that determines the availablility of the lowest-priced insurance for a learners permit. Vehicles with high performance features, poor safety ratings, or a track record of large liability claims will cost much more to insure than more economical and safe models.

The list below shows insurance costs for some of the most cost-effective automobiles to buy coverage for.

Prices based on single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in specific garaging location which can lower or raise premium rates significantly.

By looking at the data, we can tell that vehicles like the Hyundai Elantra, Honda CR-V, Ford Escape, and Jeep Wrangler are going to be a few of the most economical vehicles to insure for new drivers. Prices will tend to be more expensive just due to the fact that there is a higher risk for a learners permit, but overall those specific models will tend to have the lowest insurance prices available.

One of the more important factors that helps auto insurance companies calculate the amount you pay for auto insurance is where your home is located. Areas with a lot of weather claims or more people like Anchorage, Fairbanks, and Meadow Lakes are more likely to pay higher prices, whereas more rural areas receive better rates.

The illustration below lists the more expensive cities in Alaska for a learners permit to purchase car insurance in.

Rate information is approximated as the specific area where the vehicle is garaged can affect coverage rates substantially.

Determining which insurers offer the cheapest car insurance rates for a learners permit takes a little more sweat in order to find coverage that fits your buget.

Every car insurance company uses their own formula for filing rates in each state, so let’s examine the most competitive car insurance companies in Alaska. It’s important to know that Alaska car insurance rates are influenced by many factors which can significantly increase or decrease the price of coverage. Turning one year older, getting divorced, or getting a driving violation may generate price changes that can cause some rates to be more affordable than others.

Cheapest Insurance Rates in Alaska

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

As shown in the rates above, if you buy coverage from State Farm and switched to Umialik, you might realize an annual savings of in the neighborhood of $101. Alaska drivers with Progressive could save as much as $373 a year, and GEICO policyholders might reduce rates by $1,088 a year.

To discover how much you can save, click here to get a free quote or quote prices from the following companies.

Be aware that those prices are averages across all types of insureds and vehicles and do not factor in a rate increase for a learners permit. So the insurer that is best for you may not even be included in the rate chart shown above. That emphasizes why you need to get rate quotes from many companies using your own driver and vehicle profiles.

Ending up with a highly-rated car insurance company is hard considering how many companies provide coverage in Alaska. The rank data displayed below may help you analyze which providers to look at when comparing rate quotes.

The ratings below include major nationwide insurance companies, so companies that only write business in Alaska or surrounding areas are not factored into this list. If you wish to compare rates from these top-rated insurers and more, follow this link.

Who is cheaper: Allstate, Progressive, State Farm, or Geico?

If you’re looking for the cheapest car insurance, the top insurers to get price quotes from are Allstate, Progressive, State Farm, and Geico. When combined, they have 48.5% of the car insurance market in the United States. They all offer your standard coverages, but each one has different options that may influence your choice. The table below ranks ratings for price, service, and claims, in additional to some of the optional coverages you can buy with each company.

How to get cheap car insurance for a learners permit in Alaska

It is possible to find better rates, and here are some of the recommended thrifty ideas that can help drivers buy the cheapest car insurance.

• Buy vehicles with five-star safety ratings
• Buy your homeowners policy from the same company as your auto insurance
• Try to pay small claims out-of-pocket
• Serious violations like DUI or reckless driving can increase rates dramatically
• Do not get into accidents
• Compare rates once a year for cheaper prices

The last suggestion is extremely crucial, as was noted in this article. Auto insurance rates adjust frequently, so drivers shouldn’t hesitate to change insurance companies if a cheaper price is available.

Brand loyalty is great, but it isn’t a good idea if your bullheadedness ends up costing you a lot of money. If you have a few minutes, shop around to find cheaper car insurance for a learners permit.

Who has the cheapest insurance quotes for new drivers?

Drivers have a lot of different ways to get cheap car insurance quotes in Alaska, but the most prevalent ways are through a captive (or exclusive) agency such as Liberty Mutual or Allstate, an independent agent, or from a direct company like Geico.

You can use whichever you prefer, but it’s important to understand the differences in how they provide price quotes.

Independent insurance agencies have contracts with many companies and can get policy pricing from all of them. These types of agents can quote with many companies and quote rates with many companies, which may give you a better overall rate comparison. If they find a cheaper price, you can get a different policy which makes it easier to save money.

Exclusive agencies are ‘exlusive’ to a single insurance company like a Farmers or Allstate agent. These guys and gals cannot place coverage with different providers, so if finding the cheapest coverage is your goal, you will need to shop around.

The last way is buying direct, which means you skip a local agent and instead buy buying direct from a company like Esurance or Geico. Buying direct may be the best choice consumers who do not need advice for risk management and have knowledge of the exclusions of a policy.

What is the best method to find cheap car insurance for a learners permit in Alaska? Most people assume that buying direct results in the cheapest price because there isn’t an agent involved, but that is generally not the case. It could also be said using an independent agent guarantees the best prices since they can provide multiple quotes, but that’s not always true, either. In some circumstances, exclusive agencies have really good rates that are impossible to beat.

Because it’s impossible to say who has the best car insurance rates, really the only way to get the cheapest rates is to compare lots of quotes. Be sure to get price quotes from all three to have the best selection of rates to choose from. For a list of companies offering online discounts, click here to view.