Wouldn’t it be nice if we could tell you instantly the one company that has the cheapest rates for nurses? It’s not that easy, however, as there are a whole bunch of unknown elements such as your annual mileage driven, whether you are male or female, and the safety ratings of your vehicle, that all impact the cost of your policy. The information below covers the causes of high insurance rates and educate you enough to have a good start to your coverage search.
The car, truck, or SUV that needs insurance is probably the most important factor that determines whether or not you find the most affordable coverage for nurses. Vehicles with lots of speed or power, a lack of modern safety features, or a track record of large liability claims will cost much more to insure than more modest models. The list below outlines auto insurance costs for some of the most economical automobiles to buy insurance for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $1,336 |
| Ford Escape XLS 2WD | $1,346 |
| Toyota RAV4 Limited 4WD | $1,583 |
| Chevrolet Equinox LS 2WD | $1,590 |
| Chevrolet Malibu LT | $1,614 |
| Ford Focus SES 4-Dr Sedan | $1,633 |
| Honda Accord LX-P 4-Dr Sedan | $1,640 |
| Honda CR-V LX 4WD | $1,650 |
| Honda Odyssey EX-L W/Navigation | $1,664 |
| Ford F-150 XLT Regular Cab 2WD | $1,685 |
| Ford Fusion SEL 4-Dr Sedan | $1,695 |
| Chevrolet Silverado 2500HD LTZ Crew Cab Diesel 4WD | $1,808 |
| Chevrolet Impala LT | $1,814 |
| Toyota Prius | $1,821 |
| Ford Explorer XLT 4WD | $1,840 |
| Toyota Tacoma 4WD | $1,847 |
| Honda Civic LX 4-Dr Sedan | $1,874 |
| Ford Edge SEL 2WD | $1,903 |
| Volkswagen Jetta SE 4-Dr Sedan | $1,940 |
| GMC Sierra SLE Crew Cab 2WD | $1,948 |
| Jeep Grand Cherokee Laredo 4WD | $1,942 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,945 |
| Nissan Rogue SL 2WD | $1,950 |
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Above prices assume single female 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, homeowner, claim-free, and safe-driver. Rate quotes do not factor in vehicle location which can impact coverage rates significantly.
Based upon these rates, cars like the Hyundai Elantra, Ford Escape, and Toyota RAV4 will be some of the cheaper vehicles to insure for health professionals.
Trying to buy low-priced car insurance is easier said than done, and finding out which company quotes the lowest-priced auto insurance rates for nurses takes additional perseverance. Each auto insurance company uses a little different formula to set their prices, so let’s take a look at the auto insurance companies with the overall cheapest rates in Anchorage.
Best Cheap Insurance Rates for Health Occupations
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Umialik | $874 |
| 2 | USAA | $957 |
| 3 | State Farm | $965 |
| 4 | Progressive | $1,260 |
| 5 | GEICO | $1,905 |
| 6 | Allstate | $2,327 |
| 7 | Safeco | $2,501 |
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Umialik may have some of the cheapest car insurance rates in Anchorage at around $874 a year. USAA, State Farm, Progressive, and GEICO also make the cut as some of the more affordable Anchorage, AK auto insurance companies.
As the example above demonstrates, if you are a policyholder with USAA and switched to Umialik, you may see yearly savings of upwards of $83. Alaska drivers with State Farm may save as much as $91 a year, and Progressive policyholders might lower prices by up to $386 a year.
Be aware that those premiums are averaged across all types of drivers and the different vehicles they drive and and are not calculated with an exact vehicle garaging location for nurses. So the insurer that can offer you the lowest price may not even be in the list above. That points out the importance of why you need to get car insurance quotes using your own specific driver information and vehicle.
One of the more important factors that are looked at to help calculate the amount you pay for auto insurance is where your residence is. Cities with larger populations tend to pay slightly more, whereas areas with less crime or weather claims have the benefit of cheaper car insurance.
The illustration below rates the most expensive places in Alaska for nurses to purchase car insurance in. Anchorage shows up at #3 with an annual premium of $1,256 for the average insurance policy, which is approximately $105 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Fairbanks | $1,284 |
| 2 | Wasilla | $1,266 |
| 3 | Anchorage | $1,256 |
| 4 | Meadow Lakes | $1,252 |
| 5 | Palmer | $1,252 |
| 6 | College | $1,244 |
| 7 | Homer | $1,226 |
| 8 | Nikiski | $1,226 |
| 9 | Kenai | $1,202 |
| 10 | Sterling | $1,190 |
| 11 | Kodiak | $1,167 |
| 12 | Ketchikan | $1,055 |
| 13 | Juneau | $1,009 |
| 14 | Sitka | $957 |
| Get a Custom Quote Go | ||
Premium costs are comparative as zip code location can alter insurance rates considerably.
Irresponsible driving raises your rates
The easiest method to maintain affordable auto insurance rates for health professionals is to drive cautiously and avoid tickets and accidents. The example below illustrates how speeding tickets and at-fault collisions can drive up premium costs for different ages of insureds. The premium estimates are based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.
The data charted above shows the average cost of car insurance in Anchorage per year with no accidents and a clean driving record is $2,095. Factor in two speeding tickets and the average cost jumps to $2,780, an increase of $685 each year. Then throw in two accidents along with the two speeding tickets and the annual cost of auto insurance for nurses increases to an average of $5,236. That’s an increase of $3,141, or $262 per month, just for not driving responsibly!
Types of discounts on Anchorage auto insurance
Insurance companies that offer coverage for nurses may also give you discounts that could lower prices by as much as 40% or more if you meet certain criteria. Larger auto insurance companies and a partial list of their discounts are detailed below.
- State Farm has discounts for defensive driving training, good student, passive restraint, student away at school, good driver, and accident-free.
- Nationwide offers discounts including family plan, anti-theft, good student, defensive driving, business or organization, and Farm Bureau membership.
- GEICO may have discounts that include multi-vehicle, membership and employees, five-year accident-free, defensive driver, air bags, emergency military deployment, and anti-lock brakes.
- AAA may include discounts for good driver, education and occupation, good student, AAA membership discount, anti-theft, multi-policy, and multi-car.
- 21st Century includes discounts for homeowners, theft prevention, defensive driver, automatic seat belts, teen driver, 55 and older, and anti-lock brakes.
- The Hartford has savings for good student, vehicle fuel type, bundle, air bag, driver training, anti-theft, and defensive driver.
The chart below illustrates the comparison of premium costs with and without discounts applied to the policy premium. The rate quotes are based on a male driver, no accidents or driving violations, Alaska state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with multiple policy, multiple vehicle, claim-free, vehicle safety, passive restraint, and safe-driver discounts applied. When these discounts are applied to the policy premium, the average savings per year on auto insurance for nurses is 28% or $540.
Choosing the right auto insurance provider can be challenging considering how many companies there are in Anchorage. The ranking data shown next could help you pick which insurers you want to consider to insure your vehicles.
These rankings include companies who write in the majority of U.S. states, so companies without a large exposure are not taken into consideration for the list. If you’d like to compare prices from these companies and more, simply click here.
Top 10 Major Auto Insurance Companies in Anchorage Ranked by Customer Service
- State Farm
- GEICO
- The Hartford
- Progressive
- The General
- Allstate
- American Family
- AAA Insurance
- Liberty Mutual
- Farmers Insurance
Top 10 Major Auto Insurance Companies in Anchorage Ranked by Customer Satisfaction
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- GEICO – 89%
- The Hartford – 89%
- The General – 88%
- 21st Century – 88%
- Allstate – 88%
- Liberty Mutual – 88%
- Esurance – 87%