Who Has Cheap Car Insurance Quotes for Drivers Over Age 50 in Alaska?

Wouldn’t it be easy if you could just know the one perfect company that has the best rates for drivers over age 50? Unfortunately, it’s just not that easy, as there are a whole bunch of unknown elements like the crime level of your neighborhood, the insurance company you are currently insured with, and your financial stability, that all factor into the price you pay. The content below will cover these topics and will give you a good start to your coverage search.

For Alaska drivers, one of the things that establish the annual cost of car insurance is the neighborhood you call home in Alaska. Areas that are more densely populated or have higher claim rates like Palmer, Wasilla, and Anchorage will most likely pay more, whereas areas with less crime or weather claims benefit from lower prices.

The table below displays the more expensive cities in Alaska for drivers over age 50 in which to buy car insurance.

Rate information is approximated as the specific area where the vehicle is garaged can impact price quotes significantly.

We all like different vehicles, and the type of vehicle that needs insurance is one of the primary factors when quoting low-cost car insurance for drivers over age 50. Vehicles with lower performance, a plethora of safety features, or a low likelihood of liability claims will cost quite a bit less to insure than adrenaline junky models. The next lists presents car insurance costs for a handful of the most cost-effective automobiles to insure in Alaska.

Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Price information does not factor in the specific area where the vehicle is garaged which can impact auto insurance rates greatly.

Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Information does not factor in specific zip code location which can influence insurance rates noticeably.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in garaging location in Alaska which can lower or raise premium rates noticeably.

Shopping around for affordable car insurance is not the easiest thing to accomplish, and finding out which companies offer the cheapest auto insurance rates for drivers over age 50 takes a bit more work. Insurance rates will be slightly less expensive than the state average due to the potentially lower risk related to selling insurance for older drivers. Reasonably-priced coverage should be easy to buy without having to search too hard.
Every insurance company uses their own calculation for filing rates in each state, so let’s rank the auto insurance companies that tend to be cheaper in Alaska.

It’s important that readers know that Alaska auto insurance rates are based on many factors which can significantly increase or decrease the policy price. Taking a driver safety course, increasing liability limits, or getting into an accident can trigger rate changes that may make certain companies higher-priced than the competition.

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Umialik offers some of the lowest car insurance rates in Alaska at around $865 annually. USAA, State Farm, Progressive, and GEICO also qualify as some of the best Alaska auto insurance companies.

As shown in the rates above, if you currently buy coverage from State Farm and switched to Umialik, you may realize annual savings of approxmiately $130. Alaska drivers with Progressive could save as much as $358 a year, and GEICO customers might reduce prices by as much as $1,040 a year.

These prices are averaged across all drivers and vehicles in Alaska and do not factor in a rate discount for drivers over age 50. So the insurer that has the lowest price for you may not even be shown in the chart above. That helps illustrate why you need to quote rates from many companies using your own driver information and specific vehicle type.

Buying coverage from the highest-rated car insurance company is difficult considering how many choices drivers have in Alaska. The company information shown next may help you choose which coverage providers you want to consider when shopping your coverage around. These ratings are for the largest companies in America, so companies that only write business in Alaska or surrounding areas are not included in the list.

Top 10 Major Car Insurance Companies in Alaska Ranked by Customer Satisfaction

1. USAA – 94%
2. AAA Insurance – 91%
3. State Farm – 90%
4. GEICO – 89%
5. The Hartford – 89%
6. The General – 88%
7. Allstate – 88%
8. Liberty Mutual – 88%
9. 21st Century – 88%
10. Progressive – 87%

Which major car insurance company is best?

When shopping for auto insurance for older drivers in Alaska, four companies to consider are Geico, State Farm, Progressive, and Allstate. The next table shows ratings and policy coverage options shoppers can find with each company.

Who has the cheapest insurance quotes for older drivers?

There are quite a few ways to shop for and buy auto insurance in Alaska, but the most prevalent ways are using an independent or non-exclusive agent, a captive (or exclusive) agent like Liberty Mutual or State Farm, or from a direct company like Progressive. Each way is similar, but buyers need to know the differences in how they give price quotes.

Independent agents write for multiple companies and can compare coverage rates with every one. These types of agencies have the ability to compare multiple rates, which may give you a better chance of saving money. If they find a cheaper price, your agent can just switch to a different company and you don’t have to switch agencies.

An exclusive ageny is only able to quote rates from a single company, two examples are State Farm and Auto-Owners agents. Exclusive agents normally do not have the ability to provide multiple price quotes, so they really need to provide good service.

Consumers who buy auto insurance direct skip the middleman (the agent) and buy buying direct from a company like Geico or Esurance. Shopping direct may be a decent choice consumers who have fewer assets and understand how auto insurance works and possible exclusions.

So which method is best for finding cheap car insurance for drivers over age 50 in Alaska? We would first guess that shopping direct results in the best prices because there is no agent involved, but that turns out to not be true. We could also assume that an independent agent saves the most money due to increased selection, but that assumption is also not necessarily accurate. And sometimes, exclusive agencies may have very competitive prices that are well below what direct and independents offer.

Due to that fact that auto insurance uses so many rating variables, the one way to get rock-bottom rates is to compare rate quotes from as many companies as possible. Money-saving experts recommend you get prices from all three types to give yourself enough choices. For a list of auto insurance companies with low rates, click here to view.

How to find budget-friendly insurance for drivers over age 50

The list below shows some of the recommended thrifty suggestions that can help Alaska drivers locate cheap auto insurance.

• Do not get traffic violations
• Frequent claims may make car insurance unaffordable
• Avoid at-fault accidents and claims
• Good credit scores may make rates cheaper
• Raise deductibles to save money
• Buying home and auto together can help save money
• Keep rates low by shopping around frequently

The last idea is certainly important, as was discussed in the article above. Rates fluctuate constantly, so don’t be unwilling to change insurance companies if a better rate can be found. Having a favorite company is fine, but we do not recommend it if that faithfulness ends up costing you major coinage every year. Take a couple minutes and compare rates and find cheaper car insurance for drivers over age 50.