Find Cheaper Alaska Car Insurance Rates for 16-Year-Olds

Our content editors always give us grief that when writing about car insurance, the words “cheap” or “affordable” really should not be used anywhere to describe car insurance prices. Forgive the oxymoron, but cheap auto insurance for 16 year olds does not exist. Don’t get your dauber down, because we are going to show you some ways you can still get car insurance that you can fit into your budget.

One of the more important things that impact the annual cost of car insurance is where you normally keep your vehicle. Areas with increased crime or more people like Anchorage, Fairbanks, and Palmer tend to pay more, whereas areas with less congestion benefit from having to pay less for coverage.

The illustration below sorts the highest-priced areas in Alaska for 16 year olds in which to purchase auto insurance.

Table data uses estimated as the specific garaging location can revise premium rates significantly.

The vehicle model requiring coverage is a large factor that determines whether or not you find low-cost car insurance for 16 year olds. Vehicles with reasonable performance levels, modern passenger safety features, or a low likelihood of having liability claims will cost substantially less to insure than fast, unsafe models.

The tables below features car insurance rates for some of the most cost-effective vehicles to insure in Alaska.

Data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in specific Alaska garaging location which can raise or lower prices significantly.

Table data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in your specific Alaska location which can raise or lower prices noticeably.

Data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, and safe-driver. Price information does not factor in vehicle location which can alter coverage rates noticeably.

The chart below highlights how deductible choice can change insurance rates when searching for cheap insurance for 16 year olds. The data is based on a single male driver, full coverage, and no discounts are applied to the premium.

As shown above, a 50-year-old driver could lower their car insurance rates by $226 a year by increasing from a $100 deductible up to a $500 deductible, or save $338 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old example, can cut $732 or more by using higher deductibles when buying full coverage. When using a larger deductible, it is important to have enough savings set aside to enable you to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

How to find a good Alaska auto insurance company

Choosing a high-quality car insurance provider can be rather challenging considering how many companies there are in Alaska. The information listed below may help you select which auto insurance companies you want to consider when looking for cheaper rates. The ratings below include companies that write coverage in many states, so companies without a large exposure are not factored into the list.

Discount Alaska insurance rates

Insurance providers that provide cheap car insurance for 16 year olds in Alaska may also give you price discounts that can lower rates by 25% or more if you meet the requirements. A list of companies and a summarized list of policyholder discounts are:

The illustration below illustrates the difference between insurance costs with and without discounts. The premiums are based on a male driver, a clean driving record, no claims, Alaska state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with passive restraint, paperless filing, paid-in-full, good student, vehicle safety, and anti-theft discounts applied. In this example, the average yearly reduction on auto insurance for 16 year olds is % or $.

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