The recommended way to find cheaper prices for Land Rover LR4 insurance in Anchorage is to regularly compare quotes from insurance carriers who sell auto insurance in Alaska. You can compare rates by completing these steps.
- Step 1: Take a little time to learn about car insurance and the things you can control to prevent expensive coverage. Many risk factors that result in higher prices like accidents, traffic violations, and a bad credit score can be amended by improving your driving habits or financial responsibility. Read the full article for more details to find cheap prices and get bigger discounts that may have been overlooked.
- Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from one company like Progressive or Allstate, while independent agencies can provide rate quotes from multiple companies.
- Step 3: Compare the new rates to your existing coverage to see if you can save by switching companies. If you find a better price and change companies, make sure there is no coverage gap between policies.
- Step 4: Notify your company or agent of your intention to cancel your current coverage and submit a down payment along with a signed application to the newly selected company. When you receive it, keep your new proof of insurance certificate with the vehicle registration.
A good tip to remember is that you use identical coverage information on every quote request and and to get rate quotes from as many different insurance providers as possible. This ensures the most accurate price comparison and a complete selection of prices.
A recent car insurance study revealed that a large majority of drivers renewed their policy with the same company for well over three years, and nearly half have never even shopped around for cheaper coverage. Consumers in Alaska could save roughly 35% a year just by shopping around, but they underestimate how much they could save if they switch to a new company.
Companies offering Land Rover LR4 insurance in Alaska
The following companies offer free quotes in Anchorage, AK. In order to find the best auto insurance in AK, we suggest you click on several of them to get the most affordable price.
Land Rover LR4 insurance rates and statistics
The table displayed below showcases detailed analysis of insurance rates for Land Rover LR4 models. Learning more about how prices are figured can aid in making informed decisions when shopping around for a new policy.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
LR4 | $182 | $322 | $256 | $16 | $76 | $852 | $71 |
LR4 HSE | $182 | $322 | $256 | $16 | $76 | $852 | $71 |
LR4 HSE Plus | $182 | $364 | $256 | $16 | $76 | $894 | $75 |
LR4 LUX | $200 | $364 | $256 | $16 | $76 | $912 | $76 |
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Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Price information does not factor in vehicle location which can raise or lower auto insurance rates noticeably.
Can higher deductibles save money?
One of the most common car insurance questions is what deductibles to buy. The following insurance rates may aid in understanding the differences in price between high and low comp and collision deductibles. The first data set uses a $250 comprehensive and collision deductible and the second price chart uses a $1,000 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
LR4 | $292 | $480 | $272 | $16 | $82 | $1,167 | $97 |
LR4 HSE | $292 | $480 | $272 | $16 | $82 | $1,167 | $97 |
LR4 HSE Plus | $292 | $544 | $272 | $16 | $82 | $1,231 | $103 |
LR4 LUX | $318 | $544 | $272 | $16 | $82 | $1,257 | $105 |
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Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
LR4 | $180 | $302 | $272 | $16 | $82 | $852 | $71 |
LR4 HSE | $180 | $302 | $272 | $16 | $82 | $852 | $71 |
LR4 HSE Plus | $180 | $342 | $272 | $16 | $82 | $892 | $74 |
LR4 LUX | $196 | $342 | $272 | $16 | $82 | $908 | $76 |
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Estimates do not factor in specific garaging location which can influence premium rates noticeably.
Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $28 more each month or $336 annually across all Land Rover LR4 models than buying the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 27 months between claim filings, you would probably come out ahead going with the higher deductible.
Premiums by gender and age
The diagram below shows the comparison of Land Rover LR4 auto insurance rates for male and female drivers. The costs are based on no violations or accidents, full coverage, $250 deductibles, single status, and no discounts are applied.
Do you qualify for discounts on Land Rover LR4 insurance in Anchorage?
Insurance can cost an arm and a leg, but you may be missing some discounts that many consumers don’t even know exist. A few discounts will be applied at the time of purchase, but some need to be inquired about before they will apply.
- Clubs and Organizations – Participating in qualifying employment or professional organizations is a good way to get lower rates on your next insurance statement.
- Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save a little off the personal injury premium cost.
- New Vehicle Savings – Insuring a new LR4 can get you a discount because newer vehicles are generally safer.
- Student in College – Older children who live away from home at college and leave their car at home may be able to be covered for less.
- Anchorage Homeowners Pay Less – Simply owning a home may trigger a policy discount on insurance due to the fact that maintaining a home is proof of financial responsibility.
- ABS Brakes – Cars, trucks, and SUVs equipped with ABS or steering control prevent accidents and will save you 10% or more on LR4 insurance in Anchorage.
- Sign Online – Certain companies will give a small break just for signing your application on your computer.
- Low Mileage Discounts – Low mileage vehicles could qualify for slightly better rates than normal.
- Payment Discounts – By making one initial payment instead of making monthly payments you may reduce your total bill.
- Discount for Life Insurance – Insurance companies who offer life insurance give a discounted premium rate on car insurance if you buy life insurance from them.
Please keep in mind that most discounts do not apply to the whole policy. Most only apply to the cost of specific coverages such as comp or med pay. So even though it sounds like all those discounts means the company will pay you, that’s just not realistic.
The diagram below compares Land Rover LR4 car insurance costs with and without discounts applied to the policy premium. The data assumes a male driver, a clean driving record, no claims, Alaska state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, claim-free, marriage, and safe-driver discounts applied.
Larger insurance companies and some of the discounts are shown below.
- GEICO may offer discounts for five-year accident-free, anti-lock brakes, good student, multi-policy, and seat belt use.
- USAA has discounts for defensive driver, safe driver, multi-policy, loyalty savings, driver training, and vehicle storage.
- Progressive offers discounts for multi-vehicle, online signing, online quote discount, multi-policy, good student, and continuous coverage.
- American Family may include discounts for bundled insurance, good student, TimeAway discount, multi-vehicle, mySafetyValet, accident-free, and air bags.
- Esurance includes discounts for defensive driver, Pac-12 alumni, good driver, anti-lock brakes, multi-policy, renters, and paid-in-full.
- Farmers Insurance has savings for teen driver, homeowner, alternative fuel, multi-car, electronic funds transfer, and mature driver.
- State Farm discounts include good driver, multiple autos, multiple policy, defensive driving training, and student away at school.
When comparing rates, check with every insurance company which credits you are entitled to. Depending on the company, some discounts may not be offered in Anchorage.
When to talk to an insurance agency
Certain consumers would prefer to talk to an insurance agent and doing that can be a smart decision Good agents can answer important questions and help in the event of a claim. One of the great benefits of comparing rate quotes online is that you can obtain cheap rate quotes and still buy from a local agent.
By using this simple form, the coverage information is submitted to local insurance agents that can give you free Anchorage car insurance quotes for your coverage. You never need to do any legwork because quoted prices will be sent immediately to you. In the event you want to get a price quote from a specific insurance provider, you would need to go to their quote page and submit a quote form there.
Finding the right insurer should include more criteria than just the quoted price. Any agent in Anchorage should be forthright in answering these questions:
- Can they help ensure a fair claim settlement?
- Do they feel the quoted coverages are adequate?
- How long has the business existed?
- Do they offer accident forgiveness?
- Do they receive special compensation for putting your coverage with one company over another?
- Do they assist clients in filing claims?
- What insurance companies do they work with in Anchorage?
- In the event of vehicle damage, can you pick the collision repair facility?
Do you need an independent or exclusive car insurance agent?
If you want to use a local insurance agency, it helps to know the two different agency structures and how they are slightly different. Agents in Anchorage are considered either exclusive agents or independent agents. Both write policy coverage, but it’s important to point out the difference in how they write coverage because it can factor into the type of agent you choose.
Exclusive Insurance Agents
Exclusive agents are contracted to one company and some examples include Allstate and State Farm. These agents are unable to shop your coverage around so you need to shop around if the rates are high. Exclusive agents are usually quite knowledgeable on what they offer and that can be a competitive advantage. Some consumers prefer to buy insurance from these agents primarily because of the brand legacy instead of buying on price only.
Listed below are Anchorage exclusive insurance agencies that can give you comparison quotes.
- GEICO Insurance Agent
1830 E Parks Hwy a116 – Wasilla, AK 99654 – (907) 631-6001 – View Map - Allstate Insurance: Katrina J. Cain
540 Karluk St – Anchorage, AK 99501 – (907) 274-2886 – View Map - Allstate Insurance: Kelly L. Snodgrass
9900 Old Seward Hwy #5 – Anchorage, AK 99515 – (907) 346-4006 – View Map
Independent Insurance Agencies
Agents that elect to be independent do not work for one specific company so they can quote policies with a variety of different insurance companies depending on which coverage is best. If they find a cheaper price, your policy is moved internally which requires no work on your part.
When comparing insurance prices, we recommend you contact a couple of independent agencies to maximize your price options. They often place coverage with smaller companies that may provide cheaper insurance rates.
Listed below is a list of independent insurance agents in Anchorage willing to provide rate quotes.
- J C Morris Insurance Services
4011 Arctic Blvd #105 – Anchorage, AK 99503 – (907) 272-2524 – View Map - Integrity Insurance Agency
1505 W 34th Ave – Anchorage, AK 99503 – (844) 878-0258 – View Map - Safeco Insurance
500 W 36th Ave #210 – Anchorage, AK 99503 – (907) 770-2400 – View Map
If you feel you receive good responses to any questions you may have as well as a price you’re happy with, you have narrowed it down to an insurance agency that meets your needs to insure your vehicles. Just understand that it’s your policy and you can cancel your coverage for any reason so don’t think you’re contractually obligated to your new company for a certain time period.
Alaska auto insurance companies ranked
Choosing the right auto insurance company can be challenging considering how many companies there are in Anchorage. The company ratings shown below could help you decide which coverage providers to look at when shopping 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%
What is the best insurance coverage?
Keep in mind that when it comes to choosing coverage, there is no single plan that fits everyone. Everyone’s situation is unique so this has to be addressed.
These are some specific questions might point out whether or not you might need professional guidance.
- When can I cancel my policy?
- I have health insurance so do I need medical payments coverage?
- What is the minimum liability in Alaska?
- How much can I save by bundling my policies?
- Am I covered when driving in Canada or Mexico?
- Is extra glass coverage worth it?
- Does my personal policy cover me when driving out-of-state?
- Do I need special endorsements for business use of my vehicle?
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.
Insurance coverage options for a Land Rover LR4
Understanding the coverages of a insurance policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.
Liability insurance – This provides protection from injuries or damage you cause to a person or their property in an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/25 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $25,000 for damage to vehicles and property.
Liability can pay for claims such as legal defense fees, funeral expenses and attorney fees. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible. Alaska state minimum liability requirements are 50/100/25 but you should think about purchasing better liability coverage.
The next chart shows why buying low liability limits may not be adequate.
Medical expense coverage – Med pay and PIP coverage kick in for immediate expenses for dental work, EMT expenses, chiropractic care and doctor visits. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. They cover you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
Uninsured or underinsured coverage – This provides protection when other motorists either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as damage to your Land Rover LR4.
Because many people only purchase the least amount of liability that is required (50/100/25), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Collision – This coverage covers damage to your LR4 resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like hitting a parking meter, driving through your garage door, sustaining damage from a pot hole, scraping a guard rail and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible on your LR4 in order to get cheaper collision rates.
Comprehensive protection – This coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like damage from getting keyed, fire damage, damage from flooding, a broken windshield and hail damage. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Don’t give up on cheaper premiums
Cheaper insurance in Anchorage is possible on the web in addition to local insurance agencies, so you need to quote Anchorage car insurance with both so you have a total pricing picture. Some companies do not provide online quoting and usually these smaller companies sell through independent insurance agents.
When searching for affordable Anchorage car insurance quotes, do not buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut liability coverage limits and learned later that they should have had better coverage. Your focus should be to find the BEST coverage for the lowest cost while not skimping on critical coverages.
More information
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Who Has Cheap Anchorage Auto Insurance for Teenage Females? (FAQ)
- Who Has Cheap Anchorage Auto Insurance Quotes After a Speeding Ticket? (FAQ)
- Who Has Affordable Anchorage Auto Insurance Rates for Good Students? (FAQ)
- How Much is Auto Insurance for Teachers in Anchorage? (FAQ)
- Who Has Affordable Car Insurance Quotes for Low Credit Scores in Anchorage? (FAQ)
- Who Has Affordable Anchorage Auto Insurance Rates for Teenage Males? (FAQ)
- How to Avoid Common Accidents (State Farm)
- Red Light Cameras (State Farm)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)