How many times have you said it’s time to compare more affordable car insurance rates in Anchorage, AK? Anchorage buyers have a choice when searching for affordable Infiniti EX35 insurance. You can either spend your time calling around getting price quotes or use the internet to compare rates. There is a right way and a wrong way to find car insurance online so we’re going to tell you the proper way to price shop coverage on a Infiniti and find the lowest possible price.
Locating the best insurance company for you in Anchorage is actually quite easy if you know where to start. If you are insured now, you stand a good chance to be able to get lower rates using the concepts covered in this article. Drivers only need to know the tricks to compare different rates on the web.
Getting a cheaper price on insurance is a fairly straight forward process. You just have to invest a little time comparing free Anchorage auto insurance quotes provided by online insurance companies.
The car insurance companies shown below have been selected to offer comparison quotes in Anchorage, AK. To locate cheaper auto insurance in Alaska, we suggest you get price quotes from several of them to get a more complete price comparison.
Get discounts on Anchorage insurance
Some insurers don’t list all possible discounts very clearly, so the list below gives a summary of some of the more common and also the lesser-known credits available to lower your premiums when you buy Anchorage auto insurance online.
- Life Insurance – Some insurance companies give a discounted rate on car insurance if you buy a life insurance policy as well.
- Discount for Multiple Policies – If you can combine your auto and homeowners policy and place coverage with the same company you may earn nearly 15% which can help you find affordable Infiniti EX35 insurance rates in Anchorage.
- Anti-theft System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems help deter theft so companies will give you a small discount.
- Distant College Student Discount – Any of your kids who are enrolled in higher education away from home and won’t have access to an insured vehicle could get you a discount.
- Save with a New Car – Adding a new car to your policy may earn a small discount since newer vehicles have better safety ratings.
Drivers should understand that most credits do not apply to the overall cost of the policy. Some only reduce individual premiums such as comprehensive or collision. Just because it seems like it’s possible to get free car insurance, it doesn’t quite work that way.
The illustration below compares Infiniti EX35 auto insurance costs with and without discounts applied to the rates. The rate quotes are based on a female driver, no tickets, no at-fault accidents, Alaska state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, marriage, safe-driver, multi-car, and claim-free discounts applied.
The best insurance companies and a partial list of their discounts are shown below.
- State Farm includes discounts for accident-free, passive restraint, defensive driving training, multiple autos, and student away at school.
- GEICO has savings for driver training, anti-lock brakes, daytime running lights, seat belt use, air bags, military active duty, and defensive driver.
- Allstate offers premium reductions for passive restraint, 55 and retired, utility vehicle, economy car, and farm vehicle.
- SAFECO may offer discounts for teen safe driver, drive less, bundle discounts, multi-car, teen safety rewards, anti-lock brakes, and homeowner.
- Farm Bureau discounts include multi-policy, driver training, 55 and retired, safe driver, good student, and youthful driver.
- Progressive may include discounts for multi-vehicle, online signing, continuous coverage, online quote discount, and good student.
- AAA has discounts for multi-policy, multi-car, good driver, education and occupation, good student, and pay-in-full.
If you are trying to find cheaper Anchorage auto insurance quotes, ask every insurance company how you can save money. Some discounts listed above might not be offered on policies in Anchorage. To find providers who offer cheap Infiniti EX35 insurance quotes in Alaska, click this link.
Insurance coverage analysis
The coverage table displayed next outlines detailed analysis of insurance rates for Infiniti EX35 models. Having a better understanding of how insurance policy premiums are established can help drivers make decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EX35 AWD | $112 | $250 | $256 | $16 | $76 | $710 | $59 |
| EX35 Journey | $112 | $250 | $256 | $16 | $76 | $710 | $59 |
| EX35 | $112 | $250 | $256 | $16 | $76 | $710 | $59 |
| EX35 AWD Journey | $126 | $250 | $256 | $16 | $76 | $724 | $60 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Prices do not factor in vehicle garaging location which can revise insurance rates noticeably.
Should you raise deductibles?
One of the hardest decisions when shopping for car insurance is what deductibles to buy. The following insurance rates may help to illustrate the costs and benefits of buying low and high coverage deductibles. The first set of rates uses a $100 deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EX35 AWD | $264 | $574 | $272 | $16 | $82 | $1,233 | $103 |
| EX35 Journey | $264 | $574 | $272 | $16 | $82 | $1,233 | $103 |
| EX35 | $264 | $574 | $272 | $16 | $82 | $1,233 | $103 |
| EX35 AWD Journey | $294 | $574 | $272 | $16 | $82 | $1,263 | $105 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| EX35 AWD | $146 | $302 | $272 | $16 | $82 | $818 | $68 |
| EX35 Journey | $146 | $302 | $272 | $16 | $82 | $818 | $68 |
| EX35 | $146 | $302 | $272 | $16 | $82 | $818 | $68 |
| EX35 AWD Journey | $164 | $302 | $272 | $16 | $82 | $836 | $70 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Price information does not factor in the specific area where the vehicle is garaged which can alter auto insurance rates considerably.
We can derive from the above data that using a $100 deductible costs about $35 more each month or $420 each year across all Infiniti EX35 models than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 26 months between claims, you would come out ahead if you opt for a higher deductible.
Calculate deductible break even point
| Average monthly premium for $100 deductibles: | $104 |
| Average monthly premium for $1,000 deductibles (subtract): | – $69 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 26 months |
An important thing to remember is that increasing deductibles to save money means you pay more out-of-pocket when you file a claim. You will want to have access to more funds in the event you have to pay more for the deductible.
Cost comparison with and without full coverage
The illustration below illustrates the difference between Infiniti EX35 car insurance costs with full physical damage coverage and with liability coverage only. The data assumes a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are single, and no policy discounts are applied.
When to drop full coverage
There is no definitive formula of when to phase out comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is about 10% or more of replacement cost minus your deductible, then it might be time to buy liability only.
For example, let’s pretend your Infiniti EX35 replacement cost is $6,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $5,000 after paying the physical damage deductible. If you are paying over $500 a year for full coverage, then you might want to think about dropping full coverage.
There are some circumstances where dropping physical damage coverage is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not buy liability only.
How to Lower Your Insurance Premiums
Smart consumers have a good feel for the rating factors that help determine your policy premiums. When you understand what positively or negatively impacts your premiums, this enables informed choices that could help you find big savings. Many factors are taken into consideration when pricing auto insurance. Some of the criteria are obvious like your driving record, but other criteria are more transparent such as whether you are married or how safe your car is.
- Amount of liability protection – Your policy’s liability coverage provides coverage if ever you are found liable for damages from an accident. Liability insurance provides for a legal defense up to the limits shown on your policy. This coverage is relatively inexpensive compared to other policy coverages, so do not skimp.
- Premiums can change based on your address – Choosing to live in less populated areas has definite advantages when insuring your vehicles. Lower population means less chance of accidents in addition to fewer liability claims. Drivers who live in large Alaska cities regularly have more auto accidents and a longer drive to work. More time behind the wheel means more chance of being in an accident.
- Only buy what you need – Insurance policies have a lot of add-on coverages that may not really be needed if you aren’t diligent. Insurance for coverage for rental cars, towing coverage, and term life insurance are probably not needed. They may seem good initially, but your money might be better spent on other coverage so remove them from your policy.
- Lower rates for cars with good safety ratings – Cars with five star safety ratings cost less to insure. Vehicles engineered for safety result in less severe injuries and fewer serious injuries means your insurance company pays less and cheaper rates on your policy. If the Infiniti EX35 has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
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Lower rates come with age – Teenage drivers in Alaska have a tendency to be inattentive when behind the wheel so they pay higher insurance rates. Mature drivers are more cautious drivers, statistically cause fewer accidents, and receive fewer citations.
The chart below uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.
Compare rates but buy from a neighborhood Anchorage auto insurance agent
Certain consumers would rather get professional advice from a licensed agent and that can be a smart move Professional agents are trained risk managers and will help you if you have claims. One of the benefits of comparing auto insurance online is you may find lower rates and still have an agent to talk to.
To help locate an agent, after submitting this form (opens in new window), your insurance data is submitted to local insurance agents in Anchorage who can give free rate quotes for your insurance coverage. There is no reason to visit any agencies due to the fact that quote results will go immediately to you. If you have a need to compare prices from a specific company, you can always find their quoting web page to submit a rate quote request.
Finding the right company shouldn’t rely on just the premium amount. These are some questions your agent should answer.
- Do they review policy coverages at every renewal?
- How does the company pay claims for a total loss?
- Will their companies depreciate repairs to your car based on the mileage?
- Is the agent CPCU or CIC certified?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Will they take your side in the event of a claim?
- Did they already check your driving record and credit reports?
- Is their price quote a firm figure or are their hidden costs?
If you want to buy auto insurance from a local agent, it can be helpful to understand the different agency structures and how they are distinctly different. Anchorage agents are considered either independent (non-exclusive) or exclusive. Either type can write auto insurance policies, but it’s good to learn why they differ since it can affect which type of agent you select.
Exclusive Auto Insurance Agents
Agents of this type can usually just insure with one company and examples are Farmers Insurance, State Farm, or Allstate. They are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive agents are trained well on the products they sell which helps them sell insurance even at higher premiums. Consumers often buy insurance from these agents partially due to high brand loyalty and the convenience of having all coverages with one company.
Listed below are exclusive agents in Anchorage willing to provide price quote information.
- GEICO Insurance Agent
1830 E Parks Hwy a116 – Wasilla, AK 99654 – (907) 631-6001 – View Map - State Farm: Charity Carmody
405 W Benson Blvd – Anchorage, AK 99503 – (907) 336-8800 – View Map - Lisa Sanders – State Farm Insurance Agent
8427 Laviento Dr #201 – Anchorage, AK 99515 – (907) 344-0506 – View Map
Independent Auto Insurance Agencies
Agents in the independent channel can quote rates with many companies so they can insure your vehicles with an assortment of companies and find the cheapest auto insurance rates. If they find a lower price, they simply switch companies in-house which is easy for the insured. When comparing auto insurance prices, it’s a good idea to get some free quotes from at least one independent agent to have the best price comparison. They also have the ability to place coverage with companies you’ve never heard of that may have much lower rates than larger companies.
Below is a short list of independent insurance agencies in Anchorage willing to provide rate quotes.
- Aurora Insurance Services – A Horace Mann Company
4450 Cordova St #120 – Anchorage, AK 99503 – (907) 563-5300 – View Map - Alaska Service Agency
6901 Debarr Road #201 – Anchorage, AK 99504 – (907) 337-2311 – View Map - Alaska Pacific Insurance Agency dba: APIA Insurance
912 E 15th Ave #100 – Anchorage, AK 99501 – (800) 890-5563 – View Map
Tailor your insurance coverage to you
Always keep in mind that when comparing a policy for your personal vehicles, there is no one size fits all plan. Your needs are unique to you so your insurance should reflect that
Here are some questions about coverages that may help you determine whether your personal situation might need an agent’s assistance.
- Are all vehicle passengers covered by medical payments coverage?
- What states are considered no-fault?
- Am I missing any policy discounts?
- Should I sign the liability waiver when renting a car?
- Am I covered if I crash into my own garage door?
- Do I need special coverage while pulling a rented trailer?
- When does my teenage driver need to be added to my policy?
- What is the premium to book value ratio for dropping full coverage?
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.
What is the best auto insurance company in Anchorage?
Picking the top car insurance company can be a challenge considering how many different companies there are to choose from in Alaska. The information in the next section can help you pick which car insurance providers you want to consider when shopping your coverage around.
Top 10 Anchorage Car Insurance Companies Overall
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Progressive
- Allstate
- Liberty Mutual
Top 10 Anchorage Car Insurance Companies 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%
Cheaper insurance rates are out there
As you restructure your insurance plan, it’s not a good idea to reduce coverage to reduce premium. There have been many situations where consumers will sacrifice liability coverage limits only to regret at claim time that the savings was not a smart move. Your strategy should be to get the best coverage possible at a price you can afford, not the least amount of coverage.
We just showed you a lot of ways to reduce Infiniti EX35 insurance car insurance rates online in Anchorage. The most important thing to understand is the more times you quote, the better your comparison will be. You may even discover the most savings is with the smaller companies. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.
How to find cheaper rates for Infiniti EX35 insurance in Anchorage
The easiest way to save money on car insurance rates is to compare prices annually from insurers who can sell car insurance in Anchorage. Price quotes can be compared by completing these steps.
- First, spend some time learning about how companies price auto insurance and the modifications you can make to lower rates. Many risk factors that result in higher prices such as tickets, at-fault accidents, and a substandard credit score can be rectified by paying attention to minor details.
- Second, compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like Progressive or Allstate, while agents who are independent can provide price quotes from multiple companies.
- Third, compare the new rate quotes to your current policy premium and see if there is a cheaper rate in Anchorage. If you can save some money and buy the policy, make sure there is no coverage gap between policies.
- Fourth, provide proper notification to your current company to cancel your existing policy and submit payment along with a signed and completed policy application to your new insurance company. As soon as coverage is bound, keep your new certificate verifying coverage along with your vehicle registration.
The critical component of shopping around is to try to use the same liability limits and deductibles on each price quote and and to get rate quotes from as many different insurance providers as possible. This enables a fair price comparison and many rates to choose from.
Additional resources
- Electronic Stability Control FAQ (iihs.org)
- How Much is Car Insurance for Inexperienced Drivers in Anchorage? (FAQ)
- Who Has Affordable Anchorage Car Insurance for Postal Workers? (FAQ)
- Credit Impacts Car Insurance Rates (State Farm)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Top Signs Your Brakes are Giving Out (State Farm)
- Auto Insurance 101 (About.com)