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.

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  • Anchorage car insurance cost averages $2,392 per year, or about $199 per month for a full coverage policy.
  • Anchorage auto insurance costs $296 per year more than the Alaska state average and $116 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 $183 per month, Toyota Highlander at $181, and Nissan Altima at $216.
  • 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 ($1,998 per year), Subaru Crosstrek ($1,766 per year), Toyota GR Corolla ($2,076 per year), and Jaguar E-Pace ($2,234 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 $2,392 per year, which is 5% more than the overall U.S. national average rate of $2,276. The average monthly cost of car insurance in Anchorage is $199 for a full coverage policy.

In the state of Alaska, the average cost of car insurance is $2,096 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 $444 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 – $8,513 per year or $709 per month
  • 17-year-old driver – $8,247 per year or $687 per month
  • 18-year-old driver – $7,393 per year or $616 per month
  • 19-year-old driver – $6,732 per year or $561 per month
  • 20-year-old driver – $4,808 per year or $401 per month
  • 30-year-old driver – $2,550 per year or $213 per month
  • 40-year-old driver – $2,392 per year or $199 per month
  • 50-year-old driver – $2,118 per year or $177 per month
  • 60-year-old driver – $1,984 per year or $165 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 October 24, 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$5,496$458
Safe Driver Age 20$4,808$401
At-fault Accidents Age 40$3,382$282
Low Deductibles Age 40$3,130$261
Safe Driver Age 30$2,550$213
Safe Driver Age 40$2,392$199
Safe Driver Age 50$2,118$177
High Deductibles Age 40$2,014$168
Discount Rate Age 40$1,986$166
Safe Driver Age 60$1,984$165

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 October 24, 2025

Average car insurance rates in the chart above range from $1,986 per year for a 40-year-old driver who receives many policy discounts to $5,496 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 $166 to $458.

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 October 24, 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$1,950$163
Honda CR-V$2,036$170
Nissan Rogue$2,148$179
Ford Explorer$2,166$181
Toyota Highlander$2,174$181
Ford Escape$2,180$182
Chevrolet Equinox$2,202$184
Toyota RAV4$2,204$184
Chevrolet Traverse$2,232$186
Ford Ranger$2,284$190
Honda Accord$2,308$192
Honda Pilot$2,326$194
Toyota Corolla$2,328$194
Kia Forte$2,334$195
Jeep Grand Cherokee$2,390$199
Toyota 4Runner$2,562$214
Toyota Camry$2,568$214
Hyundai Elantra$2,598$217
Ford Mustang$2,624$219
Chevrolet Silverado$2,642$220
Ford Bronco$2,652$221
Ford F150$2,674$223
Jeep Wrangler$2,730$228
Ram Truck$2,766$231
Chevrolet Corvette$3,310$276

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 October 24, 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 $165 to $709 – 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 – $2,392 (Anchorage average) versus $2,276 (U.S. average)
  • Car insurance for teens can be expensive – Cost ranges from $5,692 to $8,513 per year to insure a teenager in Anchorage.
  • A low deductible policy costs more – A 40-year-old driver pays an average of $774 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 $2,416 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 $2,258 less per year than a 20-year-old driver, $2,550 versus $4,808.
  • Anchorage car insurance prices are more expensive than the Alaska state average – $2,392 (Anchorage average) versus $2,096 (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 $1,942 or less per year, or $162 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 Honda CR-V.

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 $2,076 or less per year, or $173 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$1,766$147
2Chevrolet Trailblazer$1,796$150
3Kia Soul$1,864$155
4Nissan Kicks$1,878$157
5Honda Passport$1,904$159
6Buick Envision$1,916$160
7Toyota Corolla Cross$1,924$160
8Hyundai Venue$1,942$162
9Mazda CX-5$1,950$163
10Ford Bronco Sport$1,956$163
11Volkswagen Tiguan$1,978$165
12Acura RDX$1,998$167
13Nissan Murano$2,008$167
14Buick Encore$2,028$169
15Subaru Outback$2,034$170
16Honda CR-V$2,036$170
17Buick Envista$2,044$170
18Volkswagen Taos$2,048$171
19Kia Niro$2,056$171
20Toyota GR Corolla$2,076$173
21Subaru Ascent$2,080$173
22Honda HR-V$2,082$174
23Nissan Leaf$2,094$175
24Chevrolet Colorado$2,106$176
25Lexus NX 250$2,116$176
26Honda Civic$2,118$177
27Volkswagen Atlas$2,118$177
28Acura Integra$2,124$177
29Subaru Forester$2,126$177
30Volkswagen Atlas Cross Sport$2,128$177
31Kia Seltos$2,136$178
32GMC Terrain$2,138$178
33Nissan Rogue$2,148$179
34Hyundai Kona$2,152$179
35Cadillac XT4$2,156$180
36Mazda CX-30$2,156$180
37Ford Explorer$2,166$181
38Volkswagen ID4$2,166$181
39Toyota Highlander$2,174$181
40Ford Escape$2,180$182

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 October 24, 2025

Top 40 cheapest vehicles to insure in Anchorage, AK with the Subaru Crosstrek ranking first at $1,766 per year
Top 40 cheapest vehicles to insure in Anchorage, AK with the Subaru Crosstrek ranking first at $1,766 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 October 24, 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$2,196$183
Midsize SUV$2,358$197
Compact Car$2,360$197
Minivan$2,364$197
Midsize Pickup$2,416$201
Midsize Car$2,436$203
Compact Luxury SUV$2,592$216
Compact Luxury Car$2,628$219
Large SUV$2,638$220
Half-ton Pickup$2,650$221
Heavy Duty Pickup$2,750$229
Midsize Luxury SUV$2,838$237
Midsize Luxury Car$2,932$244
Sports Car$3,286$274
Large Car$3,438$287
Large Luxury SUV$3,698$308
Large Luxury Car$3,824$319

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 October 24, 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 $1,904 per year for full coverage insurance to the Rivian R1S costing $2,940 per year.

As another example, in the sports car segment, rates range from the Mazda MX-5 Miata at $2,210 per year up to the Mercedes-Benz SL 63 costing $4,912 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 $2,198 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 $2,328 per year or less.

Full-coverage insurance in Anchorage for this segment starts at an average of $173 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 $2,076 per year. For midsize 2024 models, the Kia K5 has the cheapest rates at $2,304 per year. And for full-size non-luxury cars, the Chrysler 300 is most affordable to insure at $2,276 per year.

The next table ranks the cars with the cheapest average insurance rates in Anchorage, starting with the Toyota GR Corolla at $2,076 per year and ending with the Mazda 3 at $2,472 per year.

Cheapest Insurance for Cars in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Toyota GR CorollaCompact$2,076$173
Nissan LeafCompact$2,094$175
Honda CivicCompact$2,118$177
Nissan SentraCompact$2,192$183
Subaru ImprezaCompact$2,198$183
Toyota PriusCompact$2,232$186
Kia K5Midsize$2,304$192
Honda AccordMidsize$2,308$192
Chevrolet MalibuMidsize$2,320$193
Toyota CorollaCompact$2,328$194
Kia ForteCompact$2,334$195
Volkswagen ArteonMidsize$2,348$196
Nissan VersaCompact$2,356$196
Subaru LegacyMidsize$2,360$197
Hyundai Ioniq 6Midsize$2,376$198
Mitsubishi Mirage G4Compact$2,412$201
Toyota CrownMidsize$2,418$202
Volkswagen JettaCompact$2,418$202
Hyundai SonataMidsize$2,424$202
Mazda 3Compact$2,472$206

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 October 24, 2025

Ranking of the cheapest compact, midsize, and large cars to insure in Anchorage, AK, with the Toyota GR Corolla ranking first at $2,076 per year.
Ranking of the cheapest compact, midsize, and large cars to insure in Anchorage, AK, with the Toyota GR Corolla ranking first at $2,076 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 $1,766 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 $1,956 per year or less.

On a monthly basis, car insurance on this segment in Anchorage for a middle-age safe driver starts at around $147 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 $1,766 per year. For midsize 2024 models, the Honda Passport is cheapest to insure at $1,904 per year. And for full-size non-luxury SUVs, the Chevrolet Tahoe has the most affordable rates at $2,242 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 $1,766 per year ($147 per month) and ending with the Subaru Ascent at $2,080 per year ($173 per month).

Cheapest Insurance for SUVs in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Subaru CrosstrekCompact$1,766$147
Chevrolet TrailblazerCompact$1,796$150
Kia SoulCompact$1,864$155
Nissan KicksCompact$1,878$157
Honda PassportMidsize$1,904$159
Buick EnvisionCompact$1,916$160
Toyota Corolla CrossCompact$1,924$160
Hyundai VenueCompact$1,942$162
Mazda CX-5Compact$1,950$163
Ford Bronco SportCompact$1,956$163
Volkswagen TiguanCompact$1,978$165
Nissan MuranoMidsize$2,008$167
Buick EncoreCompact$2,028$169
Subaru OutbackMidsize$2,034$170
Honda CR-VCompact$2,036$170
Buick EnvistaMidsize$2,044$170
Volkswagen TaosCompact$2,048$171
Kia NiroCompact$2,056$171
Subaru AscentMidsize$2,080$173
Honda HR-VCompact$2,082$174

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 October 24, 2025

Ranking of the cheapest compact, midsize, and large SUVs to insure in Anchorage, AK, with the Subaru Crosstrek ranking first at $1,766 per year.
Ranking of the cheapest compact, midsize, and large SUVs to insure in Anchorage, AK, with the Subaru Crosstrek ranking first at $1,766 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 $2,318 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 $2,460 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 $176 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 $2,106 per year ($176 per month) and ending with the Ram Truck at $2,766 per year ($231 per month).

Cheapest Insurance for Pickups in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Chevrolet ColoradoMidsize$2,106$176
Nissan TitanFull-size$2,236$186
Nissan FrontierMidsize$2,262$189
Ford RangerMidsize$2,284$190
Ford MaverickMidsize$2,318$193
Honda RidgelineMidsize$2,372$198
Hyundai Santa CruzMidsize$2,412$201
Toyota TacomaMidsize$2,420$202
GMC Sierra 2500 HDHeavy Duty$2,432$203
GMC CanyonMidsize$2,460$205
Jeep GladiatorMidsize$2,518$210
GMC Sierra 3500Heavy Duty$2,532$211
Chevrolet Silverado HD 3500Heavy Duty$2,556$213
Chevrolet Silverado HD 2500Heavy Duty$2,622$219
GMC SierraFull-size$2,640$220
Chevrolet SilveradoFull-size$2,642$220
Nissan Titan XDHeavy Duty$2,644$220
Ford F150Full-size$2,674$223
GMC Hummer EV PickupFull-size$2,740$228
Ram TruckFull-size$2,766$231

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 October 24, 2025

Ranking of the cheapest midsize, full-size, and heavy-duty trucks to insure in Anchorage, AK, with the Chevrolet Colorado ranking first at $2,106 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 $2,106 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 $224 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 $2,858 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 $2,858 and $4,048 per year for full-coverage insurance.

Full-coverage car insurance in this segment for an average middle-age driver starts at an average of $184 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 $2,210 per year and ending with the Porsche Taycan at $4,048 per year.

Cheapest Insurance for Sports Cars in Anchorage
Make and Model Vehicle Type Annual Premium Cost Per Month
Mazda MX-5 MiataSports Car$2,210$184
Toyota GR86Sports Car$2,516$210
Ford MustangSports Car$2,624$219
BMW Z4Sports Car$2,642$220
Subaru WRXSports Car$2,682$224
Toyota GR SupraSports Car$2,686$224
BMW M2Sports Car$2,762$230
Nissan ZSports Car$2,770$231
Lexus RC FSports Car$2,824$235
Subaru BRZSports Car$2,858$238
BMW M3Sports Car$3,020$252
Porsche 718Sports Car$3,076$256
Chevrolet CamaroSports Car$3,106$259
Chevrolet CorvetteSports Car$3,310$276
Porsche 911Sports Car$3,424$285
BMW M4Sports Car$3,566$297
Lexus LC 500Sports Car$3,586$299
Jaguar F-TypeSports Car$3,770$314
Mercedes-Benz AMG GT53Sports Car$3,954$330
Porsche TaycanSports Car$4,048$337

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 October 24, 2025

Ranking of the cheapest sports cars to insure in Anchorage, AK, with the Mazda MX-5 Miata ranking first at $2,210 per year.
Ranking of the cheapest sports cars to insure in Anchorage, AK, with the Mazda MX-5 Miata ranking first at $2,210 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 $2,124 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 $2,512 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 $2,512 and $2,678 per year for full-coverage insurance in Anchorage.

Car insurance rates for this segment in Anchorage starts at around $177 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 $2,124 per year, or $177 per month. For midsize luxury car models, the Mercedes-Benz CLA250 has the cheapest rates at $2,458 per year, or $205 per month. And for large luxury cars, the Audi A5 is the cheapest model to insure at $2,840 per year, or $237 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$2,124$177
BMW 330iCompact$2,432$203
Mercedes-Benz CLA250Midsize$2,458$205
Lexus IS 300Midsize$2,464$205
Acura TLXCompact$2,470$206
Cadillac CT4Compact$2,494$208
Lexus ES 350Midsize$2,496$208
Genesis G70Compact$2,500$208
Mercedes-Benz AMG CLA35Midsize$2,506$209
Lexus RC 300Midsize$2,512$209
Lexus IS 350Compact$2,522$210
Jaguar XFMidsize$2,528$211
Cadillac CT5Midsize$2,576$215
Lexus ES 250Midsize$2,584$215
Lexus RC 350Compact$2,590$216
BMW 330eCompact$2,596$216
BMW 228iCompact$2,600$217
BMW 230iCompact$2,620$218
Lexus ES 300hMidsize$2,624$219
Audi S3Compact$2,678$223

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 October 24, 2025

Ranking of the cheapest compact, midsize, and large luxury cars to insure in Anchorage, AK, with the Acura Integra ranking first at $2,124 per year.
Ranking of the cheapest compact, midsize, and large luxury cars to insure in Anchorage, AK, with the Acura Integra ranking first at $2,124 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 $2,254 or less per year, or around $188 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 $2,304 per year or less.

Ranked between 10th and 20th place, SUVs like the Cadillac XT6, Mercedes-Benz GLA35 AMG, Acura MDX, Land Rover Evoque, Lexus RX 350, and Lexus NX 350 cost between $2,304 and $2,398 per year for full-coverage insurance.

As a cost per month, auto insurance on this segment in Anchorage will start around $167 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 $167 per month and ending with the Lexus RX 350 at $200 per month.

Cheapest Insurance for Luxury SUVs in Anchorage
Make and Model Vehicle Size Annual Premium Cost Per Month
Acura RDXCompact$1,998$167
Lexus NX 250Compact$2,116$176
Cadillac XT4Compact$2,156$180
Jaguar E-PaceMidsize$2,234$186
Cadillac XT5Midsize$2,254$188
Lexus NX 350hCompact$2,254$188
Lincoln CorsairCompact$2,282$190
Mercedes-Benz GLB 250Compact$2,286$191
Lexus UX 250hCompact$2,292$191
Lexus NX 450hCompact$2,304$192
Infiniti QX50Midsize$2,322$194
Mercedes-Benz GLA250Compact$2,330$194
Mercedes-Benz GLA35 AMGCompact$2,336$195
Cadillac XT6Midsize$2,338$195
Infiniti QX60Midsize$2,350$196
Mercedes-Benz AMG GLB35Midsize$2,354$196
Land Rover EvoqueCompact$2,386$199
Acura MDXMidsize$2,388$199
Lexus NX 350Compact$2,396$200
Lexus RX 350Midsize$2,398$200

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 October 24, 2025

Ranking of the cheapest compact, midsize, and large luxury SUVs to insure in Anchorage, AK, with the Acura RDX ranking first at $1,998 per year.
Ranking of the cheapest compact, midsize, and large luxury SUVs to insure in Anchorage, AK, with the Acura RDX ranking first at $1,998 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 $406 per year.
  • Increasing deductibles lowers insurance cost. Increasing your deductibles from $500 to $1,000 could save around $382 per year for a 40-year-old driver and $742 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 $72 and $232 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 $376 per year versus a slightly lower credit rating between 670-739. Conversely, a poor credit rating could cost up to $435 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 $2,246 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.