The words “bargain” and “insurance” probably shouldn’t be used together, specifically when shopping around for the lowest insurance prices for drivers with a DUI. Because it’s so expensive, let’s introduce you to a few of the things that have an effect on auto insurance rates, and figure out some ideas to reduce the cost of the next policy you buy.
Finding good, reasonably-priced car insurance is not most people’s favorite thing to do, and figuring out which companies have the most affordable auto insurance rates for drivers with a DUI will take a little more work.
Every car insurance company uses their own method for determining rates, so we’ll take a look at the auto insurance companies with the overall best prices in Anchorage, AK.
Find the Best Cheap Insurance after a DUI
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Umialik | $874 |
| 2 | USAA | $939 |
| 3 | State Farm | $1,005 |
| 4 | Progressive | $1,210 |
| 5 | GEICO | $1,886 |
| 6 | Allstate | $2,374 |
| 7 | Safeco | $2,426 |
| Get Personalized Rates Go | ||
Umialik may have some of the lowest car insurance rates in Anchorage at around $874 annually. This is $669 less than the average policy premium paid by Alaska drivers of $1,543. USAA, State Farm, Progressive, and GEICO also make the cut as some of the lowest-priced Anchorage, AK auto insurance companies.
As depicted above, if you have coverage with State Farm and switched to Umialik, you may see a yearly savings of in the vicinity of $131. Customers with Progressive could save as much as $336 a year, and GEICO policyholders might lower prices by $1,012 a year.
To see how much you can save, click here to start your free quote or quote prices from the following companies.
Understand that those prices are averages across all ages of drivers and types of vehicles and and are not figured with a vehicle location for drivers with a DUI. So the company that can offer you the best price may not even be in the list above. That underscores the importance of why you need to get auto insurance quotes using your own driver data and vehicle information.
After getting a DUI, one of the largest factors that are looked at to help calculate the amount you pay for auto insurance is where your car is garaged in Anchorage. Cities with larger populations tend to have more expensive auto insurance rates, whereas areas with less crime or weather claims have the benefit of cheaper auto insurance prices.
The illustration below ranks the highest-priced areas in Alaska for drivers with a DUI to buy auto insurance in. Anchorage comes in at #4 with an annual cost of $1,256 for the average policyholder, which is approximately $105 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Wasilla | $1,278 |
| 2 | Fairbanks | $1,272 |
| 3 | College | $1,270 |
| 4 | Anchorage | $1,256 |
| 5 | Palmer | $1,252 |
| 6 | Meadow Lakes | $1,252 |
| 7 | Kenai | $1,238 |
| 8 | Nikiski | $1,226 |
| 9 | Kodiak | $1,191 |
| 10 | Homer | $1,190 |
| 11 | Sterling | $1,190 |
| 12 | Ketchikan | $1,035 |
| 13 | Juneau | $969 |
| 14 | Sitka | $967 |
| Find the Best Rates Go | ||
Prices are approximated as the vehicle garaging location can affect rates considerably.
Discounts on Anchorage insurance
Car insurance companies that sell policies for drivers with a DUI may provide rate discounts that can lower rates by as much as 25% or more if you qualify. A few of the larger companies and a summarized list of policyholder discounts are included below.
- Farmers Insurance offers discounts including multi-car, distant student, switch companies, electronic funds transfer, alternative fuel, bundle discounts, and pay in full.
- Esurance has savings for Switch & Save, emergency road assistance, renters, online shopper, safety device, anti-lock brakes, and defensive driver.
- State Farm includes discounts for passive restraint, multiple autos, student away at school, Drive Safe & Save, and accident-free.
- GEICO has discounts for air bags, anti-lock brakes, good student, membership and employees, driver training, and five-year accident-free.
- Allstate may offer discounts for good payer, defensive driver, teenSMART discount, eSmart discount, resident student, and EZ pay plan discount.
The diagram below illustrates the difference between car insurance rates with and without discounts being applied to the rates. The prices are based on a male driver, a clean driving record, no at-fault accidents, Alaska state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, passive restraint, vehicle safety, multiple policy, accident-free, and anti-theft discounts applied. When discounts are factored in, the average amount saved each year on auto insurance for drivers with a DUI is 27% or $394.
Selecting a highly-rated car insurance provider is hard considering how many companies there are in Anchorage. The company rank data listed below can help you pick which car insurance providers you want to consider when comparing rate quotes. The rankings below are only made up of the largest auto insurers in America, so companies without a large exposure are not included in these rankings.
Top 10 Major Auto Insurers in Anchorage Ranked by Value
- USAA
- American Family
- The Hartford
- The General
- State Farm
- AAA Insurance
- Allstate
- Esurance
- Safeco
- 21st Century
Top 10 Major Auto Insurers Overall in Anchorage
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Progressive
- Allstate
- Liberty Mutual
The information below highlights how deductible selection can influence insurance prices when trying to find cheap insurance for drivers with a DUI. Data assumes a single male driver, full physical damage coverage, and no policy discounts are applied.
A 50-year-old driver could lower rates by $226 a year by increasing from a $100 deductible to a $500 deductible, or save $338 by selecting a $1,000 deductible. Youthful drivers, such as the 20-year-old example, could potentially save as much as $732 or more just by choosing higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it is a good idea to have enough savings set aside to enable you to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Comparing rates can save you money
Alaska auto insurance rates are impacted by many factors that control your annual premium. Improving your credit score, marrying your spouse, or getting a reckless driving citation can trigger price changes that may make certain companies cheaper than competitors.
Not only may your situation change, but companies change rates as needed in order to protect their financial rating. Larger than normal claims may result in price increases, while lower claims can result in lower-cost Anchorage car insurance rates.
To help illustrate this point, the graph below shows which company has the cheapest car insurance in Anchorage, AK for a 40-year-old female driver with a good driving record, no prior claims, and a good credit history. When comparing rates based on her current situation, Umialik may offer the most affordable car insurance rates in Anchorage at $1,182 per year. This is $361 less than the average rate paid by Alaska drivers of $1,543. USAA, State Farm, Progressive, and GEICO also make the list of the cheapest Anchorage, AK auto insurance companies.
In the next rate comparison, we’ll give the driver from the first example an accident claim, bad credit, and a few blemishes on her driving record. Since every car insurance company uses a different method for establishing rates, comparing quotes may result in a substantially altered list of affordable Anchorage car insurance companies as shown below.
USAA now has the best auto insurance rate in Anchorage, AK with State Farm, Umialik, Progressive, and Safeco also having competitive pricing. This example demonstrates why Anchorage drivers need to compare rates when trying to get cheap auto insurance rates for drivers with a DUI.
Car insurance prices are impacted by many risk factors and can increase or decrease at any time, so the cheapest option the last time you shopped your coverage around may now be priced much higher than other options.