Cost of Car Insurance in Anchorage, AK (2025 Cheapest + Rankings)

What is the average cost to insure a car in Anchorage? We compare insurance rates to find the models with cheap Anchorage car insurance quotes.

Start a Free QuoteCompare Anchorage car insurance quotes and save on your next policy.

  • Anchorage car insurance cost averages $2,348 per year, or about $196 per month for a full coverage policy.
  • Anchorage auto insurance costs $296 per year more than the Alaska state average and $127 per year more than the average rate for all 50 states.
  • Car insurance rates for a few popular models in Anchorage include the Nissan Sentra at $179 per month, Toyota Highlander at $178, and Nissan Altima at $212.
  • For cheap car insurance in Anchorage, vehicles like the Nissan Kicks, Honda Passport, and Kia Soul have better auto insurance rates.
  • A few vehicles with the lowest cost auto insurance in Anchorage for their respective segments include the Acura RDX ($1,962 per year), Subaru Crosstrek ($1,732 per year), Toyota GR Corolla ($2,038 per year), and Jaguar E-Pace ($2,194 per year).
  • Auto insurance quotes in Anchorage can vary significantly from as little as $36 per month for just liability insurance to well over $700 per month drivers with many accidents and violations.

How much does car insurance cost in Anchorage?

Anchorage car insurance costs an average of $2,348 per year, which is 5.6% more than the overall U.S. national average rate of $2,221. The average monthly cost of car insurance in Anchorage is $196 for a full coverage policy.

In the state of Alaska, the average cost of car insurance is $2,052 per year, so the cost in Anchorage averages $296 more per year. The cost to insure a vehicle in Anchorage compared to other Alaska locations is $176 per year more than in Fairbanks, $468 per year more than in Ketchikan, and $448 per year more expensive than in Sitka.

The age of the driver is one of the largest factors in the price you pay for auto insurance. The list below illustrates this by breaking out average car insurance rates for young, middle-age, and senior drivers.

Car insurance cost in Anchorage for drivers age 16 to 60

  • 16-year-old driver – $8,357 per year or $696 per month
  • 17-year-old driver – $8,095 per year or $675 per month
  • 18-year-old driver – $7,258 per year or $605 per month
  • 19-year-old driver – $6,608 per year or $551 per month
  • 20-year-old driver – $4,722 per year or $394 per month
  • 30-year-old driver – $2,506 per year or $209 per month
  • 40-year-old driver – $2,348 per year or $196 per month
  • 50-year-old driver – $2,080 per year or $173 per month
  • 60-year-old driver – $1,946 per year or $162 per month

The chart below summarizes average auto insurance cost in Anchorage broken out based on a range of driver ages, deductibles, and risk profiles. Rates are averaged for all 2024 vehicle models including luxury cars and SUVs.

Average car insurance rates in Anchorage for different driver ages and risk scenarios.
Figure 1: Average car insurance rates in Anchorage for different driver ages and risk scenarios. Rates updated on June 27, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average rates are for the 2024 model year with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average car insurance cost in Anchorage includes all Zip Codes and vehicle trim levels.

2024 Average Car Insurance Cost in Anchorage, AK
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,396$450
Safe Driver Age 20$4,722$394
At-fault Accidents Age 40$3,322$277
Low Deductibles Age 40$3,072$256
Safe Driver Age 30$2,506$209
Safe Driver Age 40$2,348$196
Safe Driver Age 50$2,080$173
High Deductibles Age 40$1,976$165
Discount Rate Age 40$1,948$162
Safe Driver Age 60$1,946$162

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Updated June 27, 2025

Average car insurance rates in the chart above range from $1,948 per year for a 40-year-old driver who receives many policy discounts to $5,396 per year for a 30-year-old driver with a history of violations and/or at-fault accidents.

When average annual cost is converted to monthly rates, the average cost of car insurance per month in Anchorage ranges from $162 to $450.

Anchorage car insurance rates vary considerably and seemingly inconsequential changes in personal situations can cause large price changes. The potential for large variability stresses the need for accurate free auto insurance quotes when searching online for more affordable car insurance in Anchorage.

The car insurance rates mentioned up to this point are averaged for all 2024 vehicle models, which is suitable for making generalized comparisons such as the average cost difference between different locations in Alaska.

Average auto insurance rates are awesome when presented with a question like “is car insurance cheaper in Anchorage or Juneau?” or “are Alaska car insurance rates cheaper than in Florida?”.

But for more useful auto insurance rate comparisons, we should analyze the specific model of vehicle being insured. Every car, truck, SUV and minivan has a different profile for determining how much it costs to insure it and this data provides the means to perform more detailed comparisons.

This next chart shows average car insurance cost in Anchorage for a small sample of popular cars, pickups, and SUVs.

Average cost to insure popular 2024 model year vehicles in Anchorage.
Figure 2: Average cost to insure popular 2024 model year vehicles in Anchorage. Rates updated on June 27, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average car insurance cost is based on 2024 model year vehicles with safe driver and claim-free discounts applied. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Rates are averaged for all Anchorage Zip Codes.

Anchorage Car Insurance Rates for Popular Vehicles
Make/Model Annual Premium Cost Per Month
Mazda CX-5$1,912$159
Honda CR-V$2,002$167
Nissan Rogue$2,108$176
Ford Explorer$2,130$178
Toyota Highlander$2,134$178
Ford Escape$2,142$179
Chevrolet Equinox$2,162$180
Toyota RAV4$2,164$180
Chevrolet Traverse$2,190$183
Ford Ranger$2,242$187
Honda Accord$2,266$189
Honda Pilot$2,286$191
Toyota Corolla$2,286$191
Kia Forte$2,292$191
Jeep Grand Cherokee$2,344$195
Toyota 4Runner$2,514$210
Toyota Camry$2,520$210
Hyundai Elantra$2,548$212
Ford Mustang$2,580$215
Chevrolet Silverado$2,594$216
Ford Bronco$2,602$217
Ford F150$2,624$219
Jeep Wrangler$2,680$223
Ram Truck$2,714$226
Chevrolet Corvette$3,250$271

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle for the 2024 model year and also for all Anchorage, AK Zip Codes. Updated June 27, 2025

Models that are popular in Anchorage tend to be small or midsize sedans like the Toyota Corolla and Toyota Camry and compact and midsize SUVs like the Ford Escape, Toyota RAV4, and Ford Explorer.

Other popular models from different automotive segments include luxury cars like the Lexus ES 350 and Tesla Model S, luxury SUVs like the Infiniti QX60 and Acura MDX, and models from the pickup truck segment like the Ram 1500 and Ford Ranger.

We will explore rates in much more detail in a little bit, but before we dive into that data, let’s quickly revisit some of the key concepts that were presented in the data up to this point.

  • Cost per month ranges from $162 to $696 – That’s the average car insurance cost range for insured drivers age 16 to 60 in Anchorage.
  • Anchorage average car insurance cost is more than the U.S. average – $2,348 (Anchorage average) versus $2,221 (U.S. average)
  • Car insurance for teens can be expensive – Cost ranges from $5,587 to $8,357 per year to insure a teenager in Anchorage.
  • A low deductible policy costs more – A 40-year-old driver pays an average of $760 more per year for a policy with $250 deductibles versus $1,000 deductibles.
  • Car insurance is cheaper as you age – Average auto insurance rates for a 40-year-old driver in Anchorage are $2,374 per year cheaper than for a 20-year-old driver.
  • Auto insurance rates decline substantially from age 20 to 30 – The average 30-year-old Anchorage driver will pay $2,216 less per year than a 20-year-old driver, $2,506 versus $4,722.
  • Anchorage car insurance prices are more expensive than the Alaska state average – $2,348 (Anchorage average) versus $2,052 (Alaska average)

What are the cheapest auto insurance rates in Anchorage?

The vehicles with the most affordable car insurance prices in Anchorage tend to be compact SUVs and crossovers like the Subaru Crosstrek, Chevrolet Trailblazer, and Buick Envision.

Average auto insurance rates for those crossover SUVs cost $1,906 or less per year, or $159 per month, for a policy with full coverage.

Some other models that are ranked high in the cost comparison table are the Buick Envista, Buick Encore, Kia Niro, and Subaru Outback.

Insurance rates are somewhat higher for those models than the cheapest compact SUVs at the top of the rankings, but they still have average rates of $2,042 or less per year, or $170 per month in Anchorage.

The next table breaks down the top 40 models with the cheapest car insurance rates in Anchorage, ordered by annual cost.

Top 40 Cheapest Automobiles to Insure in Anchorage
Rank Make/Model Annual Premium Cost Per Month
1Subaru Crosstrek$1,732$144
2Chevrolet Trailblazer$1,764$147
3Kia Soul$1,832$153
4Nissan Kicks$1,848$154
5Honda Passport$1,868$156
6Buick Envision$1,878$157
7Toyota Corolla Cross$1,892$158
8Hyundai Venue$1,906$159
9Mazda CX-5$1,912$159
10Ford Bronco Sport$1,922$160
11Volkswagen Tiguan$1,940$162
12Acura RDX$1,962$164
13Nissan Murano$1,972$164
14Buick Encore$1,994$166
15Subaru Outback$1,998$167
16Honda CR-V$2,002$167
17Buick Envista$2,006$167
18Volkswagen Taos$2,010$168
19Kia Niro$2,020$168
20Toyota GR Corolla$2,038$170
21Honda HR-V$2,042$170
22Subaru Ascent$2,042$170
23Nissan Leaf$2,054$171
24Chevrolet Colorado$2,064$172
25Honda Civic$2,076$173
26Lexus NX 250$2,076$173
27Volkswagen Atlas$2,080$173
28Acura Integra$2,086$174
29Subaru Forester$2,086$174
30Volkswagen Atlas Cross Sport$2,090$174
31Kia Seltos$2,096$175
32GMC Terrain$2,100$175
33Nissan Rogue$2,108$176
34Hyundai Kona$2,112$176
35Mazda CX-30$2,116$176
36Cadillac XT4$2,120$177
37Volkswagen ID4$2,128$177
38Ford Explorer$2,130$178
39Toyota Highlander$2,134$178
40Toyota Venza$2,140$178

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 27, 2025

Top 40 cheapest vehicles to insure in Anchorage, AK with the Subaru Crosstrek ranking first at $1,732 per year
Top 40 cheapest vehicles to insure in Anchorage, AK with the Subaru Crosstrek ranking first at $1,732 per year

The above table containing 40 ranked vehicles serves the purpose if you just want the absolute lowest rates. A more thorough way to analyze rates for more vehicles is to sort them by their automotive segment.

This next section further discusses average car insurance cost by vehicle segment. The average rates shown in the chart should provide a good foundation of which vehicles have the overall least expensive rates. Then the subsequent sections will break out the most affordable rates for individual models in each unique segment.

Anchorage auto insurance rates by automotive segment

If you’re considering buying a different vehicle, it’s in your best interest to know which categories of vehicles have more favorable insurance rates. For example, many people wonder if minivans cost less to insure than SUVs or if full-size pickups cost more to insure than midsize pickups.

The chart below shows average car insurance rates in Anchorage for different vehicle segments. From a segment comparison perspective, compact and midsize SUVs, vans, and midsize pickups have the cheapest rates, while sports cars and performance luxury models have the most expensive rates.

Car insurance average cost by automotive segment in Anchorage, AK.
Figure 3: Car insurance average cost by automotive segment in Anchorage, AK. Rates updated on June 27, 2025.

Data Methodology: Car insurance premium by automotive segment is based on 2024 model year vehicles. The rated driver is a 40-year-old male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and rates are averaged for all Anchorage Zip Codes.

Car Insurance Rates by Automotive Segment in Anchorage, AK
Automotive Segment Annual Premium Cost Per Month
Compact SUV$2,156$180
Midsize SUV$2,318$193
Compact Car$2,318$193
Minivan$2,322$194
Midsize Pickup$2,368$197
Midsize Car$2,392$199
Compact Luxury SUV$2,544$212
Compact Luxury Car$2,578$215
Large SUV$2,590$216
Half-ton Pickup$2,602$217
Heavy Duty Pickup$2,696$225
Midsize Luxury SUV$2,786$232
Midsize Luxury Car$2,876$240
Sports Car$3,228$269
Large Car$3,374$281
Large Luxury SUV$3,634$303
Large Luxury Car$3,754$313

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all 2024 model year vehicles and also for all Anchorage, AK Zip Codes. Updated June 27, 2025

Rates by segment are close enough for blanket comparisons, but the insurance cost for specific vehicles ranges significantly within each of the segments listed in the above chart.

For example, in the midsize SUV segment, rates range from the Honda Passport at $1,868 per year for full coverage insurance to the Rivian R1S costing $2,886 per year.

As another example, in the sports car segment, rates range from the Mazda MX-5 Miata at $2,172 per year up to the Mercedes-Benz SL 63 costing $4,824 per year.

In these next sections, we eliminate much of the variability by looking at the average cost of car insurance in Anchorage from a model perspective rather than by segment.

Cheapest car insurance rates in Anchorage

Ranking at the top of the list for the lowest-cost Anchorage car insurance rates in the non-luxury car segment are the Honda Civic, Nissan Leaf, Toyota GR Corolla, Subaru Impreza, and Nissan Sentra. Car insurance prices for these vehicles average $2,156 or less per year.

Other cars that are affordable to insure are the Honda Accord, Kia K5, Toyota Corolla, and Toyota Prius, with average annual insurance rates of $2,286 per year or less.

Full-coverage insurance in Anchorage for this segment starts at an average of $170 per month, depending on where you live and the company you use.

If insurance rates are ranked by vehicle size, the lowest-cost compact car to insure in Anchorage is the Toyota GR Corolla at $2,038 per year. For midsize 2024 models, the Kia K5 has the cheapest rates at $2,260 per year. And for full-size non-luxury cars, the Chrysler 300 is most affordable to insure at $2,234 per year.

The next table ranks the cars with the cheapest average insurance rates in Anchorage, starting with the Toyota GR Corolla at $2,038 per year and ending with the Mazda 3 at $2,426 per year.

Cheapest Insurance for Cars in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Toyota GR CorollaCompact$2,038$170
Nissan LeafCompact$2,054$171
Honda CivicCompact$2,076$173
Nissan SentraCompact$2,152$179
Subaru ImprezaCompact$2,156$180
Toyota PriusCompact$2,192$183
Kia K5Midsize$2,260$188
Honda AccordMidsize$2,266$189
Chevrolet MalibuMidsize$2,278$190
Toyota CorollaCompact$2,286$191
Kia ForteCompact$2,292$191
Volkswagen ArteonMidsize$2,306$192
Nissan VersaCompact$2,312$193
Subaru LegacyMidsize$2,316$193
Hyundai Ioniq 6Midsize$2,336$195
Mitsubishi Mirage G4Compact$2,368$197
Toyota CrownMidsize$2,376$198
Volkswagen JettaCompact$2,376$198
Hyundai SonataMidsize$2,378$198
Mazda 3Compact$2,426$202

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 27, 2025

Ranking of the cheapest compact, midsize, and large cars to insure in Anchorage, AK, with the Toyota GR Corolla ranking first at $2,038 per year.
Ranking of the cheapest compact, midsize, and large cars to insure in Anchorage, AK, with the Toyota GR Corolla ranking first at $2,038 per year.

See our guides for compact car insurance, midsize car insurance, and full-size car insurance to compare rates for all makes and models.

Don’t see insurance cost for your vehicle? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top-rated companies in Alaska.

Cheapest SUVs to insure in Anchorage

The Subaru Crosstrek ranks in the top spot for the lowest-cost non-luxury SUV to insure in Anchorage, followed closely by the Chevrolet Trailblazer, Kia Soul, Nissan Kicks, and Honda Passport. The 2024 model averages $1,732 per year to insure for full coverage.

Additional SUVs that have cheaper rates are the Mazda CX-5, Ford Bronco Sport, Toyota Corolla Cross, and Hyundai Venue, with average rates of $1,922 per year or less.

On a monthly basis, car insurance on this segment in Anchorage for a middle-age safe driver starts at around $144 per month, depending on your company and location.

If prices are ranked by vehicle size, the most affordable compact SUV to insure in Anchorage is the Subaru Crosstrek at $1,732 per year. For midsize 2024 models, the Honda Passport is cheapest to insure at $1,868 per year. And for full-size non-luxury SUVs, the Chevrolet Tahoe has the most affordable rates at $2,204 per year.

The rate comparison table below ranks the twenty SUVs with the lowest-cost car insurance in Anchorage, starting with the Subaru Crosstrek at $1,732 per year ($144 per month) and ending with the Subaru Ascent at $2,042 per year ($170 per month).

Cheapest Insurance for SUVs in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Subaru CrosstrekCompact$1,732$144
Chevrolet TrailblazerCompact$1,764$147
Kia SoulCompact$1,832$153
Nissan KicksCompact$1,848$154
Honda PassportMidsize$1,868$156
Buick EnvisionCompact$1,878$157
Toyota Corolla CrossCompact$1,892$158
Hyundai VenueCompact$1,906$159
Mazda CX-5Compact$1,912$159
Ford Bronco SportCompact$1,922$160
Volkswagen TiguanCompact$1,940$162
Nissan MuranoMidsize$1,972$164
Buick EncoreCompact$1,994$166
Subaru OutbackMidsize$1,998$167
Honda CR-VCompact$2,002$167
Buick EnvistaMidsize$2,006$167
Volkswagen TaosCompact$2,010$168
Kia NiroCompact$2,020$168
Honda HR-VCompact$2,042$170
Subaru AscentMidsize$2,042$170

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 26, 2025

Ranking of the cheapest compact, midsize, and large SUVs to insure in Anchorage, AK, with the Subaru Crosstrek ranking first at $1,732 per year.
Ranking of the cheapest compact, midsize, and large SUVs to insure in Anchorage, AK, with the Subaru Crosstrek ranking first at $1,732 per year.

See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to compare rates for all makes and models.

Don’t see your SUV in the table above? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best companies in Alaska.

Cheapest pickup trucks to insure in Anchorage

Ranking at the top of the list for the most affordable Anchorage auto insurance rates in the pickup truck segment are the Ford Maverick, Nissan Titan, Ford Ranger, Nissan Frontier, and Chevrolet Colorado. Car insurance quotes for these vehicles average $2,276 or less per year.

Other models that have cheaper rates are the Toyota Tacoma, Honda Ridgeline, GMC Canyon, and GMC Sierra 2500 HD, with an average cost to insure of $2,414 per year or less.

From a cost per month standpoint, full-coverage auto insurance in this segment for a middle-age safe driver can cost as low as $172 per month, depending on where you live and the company you use. The table below ranks the twenty pickups with the cheapest average insurance rates in Anchorage, starting with the Chevrolet Colorado at $2,064 per year ($172 per month) and ending with the Ram Truck at $2,714 per year ($226 per month).

Cheapest Insurance for Pickups in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Chevrolet ColoradoMidsize$2,064$172
Nissan TitanFull-size$2,194$183
Nissan FrontierMidsize$2,218$185
Ford RangerMidsize$2,242$187
Ford MaverickMidsize$2,276$190
Honda RidgelineMidsize$2,328$194
Hyundai Santa CruzMidsize$2,368$197
Toyota TacomaMidsize$2,378$198
GMC Sierra 2500 HDHeavy Duty$2,388$199
GMC CanyonMidsize$2,414$201
Jeep GladiatorMidsize$2,474$206
GMC Sierra 3500Heavy Duty$2,488$207
Chevrolet Silverado HD 3500Heavy Duty$2,510$209
Chevrolet Silverado HD 2500Heavy Duty$2,576$215
GMC SierraFull-size$2,592$216
Chevrolet SilveradoFull-size$2,594$216
Nissan Titan XDHeavy Duty$2,594$216
Ford F150Full-size$2,624$219
GMC Hummer EV PickupFull-size$2,692$224
Ram TruckFull-size$2,714$226

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 26, 2025

Ranking of the cheapest midsize, full-size, and heavy-duty trucks to insure in Anchorage, AK, with the Chevrolet Colorado ranking first at $2,064 per year.
Ranking of the cheapest midsize, full-size, and heavy-duty trucks to insure in Anchorage, AK, with the Chevrolet Colorado ranking first at $2,064 per year.

See our guides for midsize pickup insurance and large pickup insurance to compare rates for all truck makes and models.

Don’t see insurance rates for your pickup? No sweat! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Anchorage car insurance quotes from top companies in Alaska.

Cheapest sports car insurance rates in Anchorage

Ranking at the top for the cheapest Anchorage auto insurance rates in the performance and sports car segment are the Mazda MX-5 Miata, Ford Mustang, Subaru WRX, Toyota GR86, and BMW Z4. Auto insurance quotes for these models average $219 or less per month.

Not the cheapest sports cars to insure, but still very reasonable, are cars like the Toyota GR Supra, BMW M2, Subaru BRZ, and Nissan Z, with average annual insurance rates of $2,806 per year or less.

Some additional vehicles on the list include the Chevrolet Corvette, Mercedes-Benz AMG GT53, BMW M4, Porsche 718, and Jaguar F-Type, which average between $2,806 and $3,974 per year for full-coverage insurance.

Full-coverage car insurance in this segment for an average middle-age driver starts at an average of $181 per month, depending on where you live. The next table ranks the twenty sports cars with the lowest-cost insurance rates in Anchorage, starting with the Mazda MX-5 Miata at $2,172 per year and ending with the Porsche Taycan at $3,974 per year.

Cheapest Insurance for Sports Cars in Anchorage
Make and Model Vehicle Type Annual Premium Cost Per Month
Mazda MX-5 MiataSports Car$2,172$181
Toyota GR86Sports Car$2,474$206
Ford MustangSports Car$2,580$215
BMW Z4Sports Car$2,592$216
Subaru WRXSports Car$2,630$219
Toyota GR SupraSports Car$2,636$220
BMW M2Sports Car$2,712$226
Nissan ZSports Car$2,718$227
Lexus RC FSports Car$2,774$231
Subaru BRZSports Car$2,806$234
BMW M3Sports Car$2,964$247
Porsche 718Sports Car$3,022$252
Chevrolet CamaroSports Car$3,048$254
Chevrolet CorvetteSports Car$3,250$271
Porsche 911Sports Car$3,362$280
BMW M4Sports Car$3,502$292
Lexus LC 500Sports Car$3,520$293
Jaguar F-TypeSports Car$3,700$308
Mercedes-Benz AMG GT53Sports Car$3,884$324
Porsche TaycanSports Car$3,974$331

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 27, 2025

Ranking of the cheapest sports cars to insure in Anchorage, AK, with the Mazda MX-5 Miata ranking first at $2,172 per year.
Ranking of the cheapest sports cars to insure in Anchorage, AK, with the Mazda MX-5 Miata ranking first at $2,172 per year.

Don’t see insurance rates for your vehicle? Not a problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from the best auto insurance companies in Alaska.

Cheapest luxury cars to insure in Anchorage

The Acura Integra ranks at #1 for the lowest-cost luxury car to insure in Anchorage, followed by the BMW 330i, Mercedes-Benz CLA250, Lexus IS 300, and Acura TLX. The 2024 model has an average cost of $2,086 per year for full-coverage insurance.

Not the cheapest luxury cars to insure, but still very reasonable, are models like the Genesis G70, Mercedes-Benz AMG CLA35, Lexus RC 300, and Cadillac CT4, with average cost of $2,466 per year or less.

In the lower half of the top 20 luxury cars to insure, cars like the Cadillac CT5, Lexus ES 250, BMW 230i, Audi S3, and Lexus RC 350 cost between $2,466 and $2,632 per year for full-coverage insurance in Anchorage.

Car insurance rates for this segment in Anchorage starts at around $174 per month, depending on your company and location.

If rates are ranked based on vehicle size, the cheapest compact luxury car model to insure in Anchorage is the Acura Integra at $2,086 per year, or $174 per month. For midsize luxury car models, the Mercedes-Benz CLA250 has the cheapest rates at $2,416 per year, or $201 per month. And for large luxury cars, the Audi A5 is the cheapest model to insure at $2,786 per year, or $232 per month.

The table below ranks the luxury cars with the cheapest auto insurance rates in Anchorage.

Cheapest Insurance for Luxury Cars in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Acura IntegraCompact$2,086$174
BMW 330iCompact$2,388$199
Mercedes-Benz CLA250Midsize$2,416$201
Lexus IS 300Midsize$2,418$202
Acura TLXCompact$2,428$202
Lexus ES 350Midsize$2,450$204
Cadillac CT4Compact$2,452$204
Genesis G70Compact$2,456$205
Mercedes-Benz AMG CLA35Midsize$2,460$205
Lexus RC 300Midsize$2,466$206
Lexus IS 350Compact$2,478$207
Jaguar XFMidsize$2,484$207
Cadillac CT5Midsize$2,530$211
Lexus ES 250Midsize$2,540$212
Lexus RC 350Compact$2,546$212
BMW 330eCompact$2,550$213
BMW 228iCompact$2,552$213
BMW 230iCompact$2,572$214
Lexus ES 300hMidsize$2,576$215
Audi S3Compact$2,632$219

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 26, 2025

Ranking of the cheapest compact, midsize, and large luxury cars to insure in Anchorage, AK, with the Acura Integra ranking first at $2,086 per year.
Ranking of the cheapest compact, midsize, and large luxury cars to insure in Anchorage, AK, with the Acura Integra ranking first at $2,086 per year.

For more luxury car insurance comparisons, see our complete guide for luxury car insurance.

Looking for rates for a different vehicle? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best auto insurance companies in Alaska.

Cheapest luxury SUV insurance rates in Anchorage

Ranking at the top of the list for the most affordable Anchorage auto insurance rates in the luxury SUV segment are the Cadillac XT5, Acura RDX, Cadillac XT4, Jaguar E-Pace, and Lexus NX 250. Auto insurance prices for these models average $2,216 or less per year, or around $185 per month.

Other models that rank well in our comparison are the Lincoln Corsair, Lexus NX 450h, Mercedes-Benz GLB 250, and Lexus NX 350h, with average rates of $2,262 per year or less.

Ranked between 10th and 20th place, SUVs like the Cadillac XT6, Mercedes-Benz GLA35 AMG, Land Rover Evoque, Acura MDX, Lexus RX 350, and Lexus NX 350 cost between $2,262 and $2,354 per year for full-coverage insurance.

As a cost per month, auto insurance on this segment in Anchorage will start around $164 per month, depending on the company and your location.

The comparison table below ranks the twenty SUVs with the cheapest car insurance rates in Anchorage, starting with the Acura RDX at $164 per month and ending with the Lexus RX 350 at $196 per month.

Cheapest Insurance for Luxury SUVs in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Acura RDXCompact$1,962$164
Lexus NX 250Compact$2,076$173
Cadillac XT4Compact$2,120$177
Jaguar E-PaceMidsize$2,194$183
Lexus NX 350hCompact$2,214$185
Cadillac XT5Midsize$2,216$185
Lincoln CorsairCompact$2,242$187
Mercedes-Benz GLB 250Compact$2,246$187
Lexus UX 250hCompact$2,250$188
Lexus NX 450hCompact$2,262$189
Infiniti QX50Midsize$2,278$190
Mercedes-Benz GLA250Compact$2,288$191
Cadillac XT6Midsize$2,294$191
Mercedes-Benz GLA35 AMGCompact$2,296$191
Infiniti QX60Midsize$2,308$192
Mercedes-Benz AMG GLB35Midsize$2,312$193
Land Rover EvoqueCompact$2,342$195
Acura MDXMidsize$2,344$195
Lexus NX 350Compact$2,354$196
Lexus RX 350Midsize$2,354$196

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Anchorage, AK Zip Codes. Updated June 26, 2025

Ranking of the cheapest compact, midsize, and large luxury SUVs to insure in Anchorage, AK, with the Acura RDX ranking first at $1,962 per year.
Ranking of the cheapest compact, midsize, and large luxury SUVs to insure in Anchorage, AK, with the Acura RDX ranking first at $1,962 per year.

For all luxury SUV comparisons, see our complete guide for luxury SUV insurance.

Is your luxury SUV missing from the table above? That’s no problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Anchorage car insurance quotes from top auto insurance companies in Alaska.

Best practices for saving money on auto insurance

Drivers should always be looking to pay less for car insurance, so read through the money-saving tips in the list below to see if you can save a little cash on your next policy.

  • Save money by qualifying for policy discounts. Discounted rates may be available if the insured drivers are accident-free, drive low annual mileage, are military or federal employees, are good students, or many other policy discounts which could save the average Anchorage driver as much as $400 per year.
  • Increasing deductibles lowers insurance cost. Increasing your deductibles from $500 to $1,000 could save around $374 per year for a 40-year-old driver and $724 per year for a 20-year-old driver.
  • Get cheaper rates because of your employment. The vast majority of car insurance companies offer policy discounts for certain professions like police officers and law enforcement, accountants, nurses, dentists, firefighters, and others. By getting this discount, you could potentially save between $70 and $228 on your annual car insurance premium, depending on the level of coverage purchased.
  • Excellent credit scores get the best rates. Having excellent credit of 800+ may save up to $369 per year versus a slightly lower credit rating between 670-739. Conversely, a poor credit rating could cost up to $427 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
  • Shop your coverage around. Setting aside 5-10 minutes to get a few free car insurance quotes is our best recommendation for saving the most money. Rates change frequently and you can switch anytime.
  • Choose a vehicle with lower auto insurance rates. Vehicle performance is one of the biggest factors in the cost of car insurance in Anchorage. As an example, a Volvo XC40 costs $2,206 less per year to insure in Anchorage than a Nissan GT-R. Lower performance vehicles cost less to insure.
  • Stay claim free and save. Car insurance companies reduce rates a little if you have not filed any claims. Auto insurance should only be used in the case of larger claims, not for minor claims.