Cheapest Insurance for a Hummer H3 in Anchorage

Insurance for Hummer H3Has it been a year or more since you last compared quotes for the cheapest Hummer H3 insurance in Anchorage? Being forced to pay for expensive car insurance premiums can overdraw your savings and possibly require you to analyze your spending habits.

Statistics show that nearly 70% of drivers kept buying from the same company for more than four years, and just under half have never even compared quotes to find cheap rates. With the average car insurance premium being $1,158, Anchorage drivers could cut their rates by roughly 35% a year by just comparing quotes, but they assume it’s a waste of time to go online and compare rates. Companies like Allstate and Progressive continually hit you with ads and consumers find it hard to see past the geckos and flying pigs and do the work needed to find the best deal.

You need to take a look at other company’s rates yearly because car insurance prices change regularly. Even if you got the best rates on Hummer H3 insurance in Anchorage a few years ago you may be paying too much now. Forget all the misinformation about car insurance because I’m going to teach you the right way to save on car insurance.

If you have coverage now or just want to save money, you will benefit by learning to lower your rates while maximizing coverage. Choosing the best rates in Anchorage is actually very simple if you learn how to start. Smart shoppers just need to understand the quickest way to compare price quotes using one simple form.

The easiest way to compare car insurance rates for Hummer H3 insurance in Anchorage is to understand most larger insurance companies provide online access to give rate comparisons. To begin a comparison, all you need to do is provide a little information like what you do for a living, if it has an anti-theft system, an estimate of your credit level, and whether you are married. That information is instantly submitted to multiple top-rated companies and you should receive rate quotes quickly.

If you would like to compare rates now, click here and find out if you can get cheaper insurance in Anchorage.

The companies in the list below have been selected to offer comparison quotes in Alaska. To find the best cheap auto insurance in AK, we recommend you click on several of them in order to get a fair rate comparison.

Facts and figures for Hummer H3 insurance

The premium information shown next highlights different insurance policy prices for Hummer H3 models. Being able to understand how rate quotes are calculated can help you make smart choices when comparing insurance rates.

Hummer H3 Insurance Rates in Anchorage, AK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
H3 Adventure Package 4WD $302 $498 $356 $22 $106 $1,284 $107
H3 4WD $302 $498 $356 $22 $106 $1,284 $107
H3 Luxury Package 4WD $302 $498 $356 $22 $106 $1,284 $107
H3 Alpha 4WD $336 $498 $356 $22 $106 $1,318 $110
Get Your Own Custom Quote Go

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Price estimates do not factor in vehicle location which can alter insurance rates noticeably.

Should you buy full coverage?

The example below shows the difference between Hummer H3 premium costs with and without physical damage coverage. The price estimates are based on a clean driving record, no claims, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.

Should you pay for full coverage?

There is no specific rule to stop buying comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Hummer H3 settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $6,000 after the deductible is paid. If premiums are more than $600 a year for physical damage coverage, then it may be the right time to buy liability only.

There are some conditions where eliminating full coverage is not in your best interest. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not buy liability only.

You Can Change Your Insurance Rates

Many factors are used when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, but others are not quite as obvious like your continuous coverage or your commute time. An important part of buying insurance is that you know some of the things that go into determining the level of your policy premiums. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that could help you find much lower annual insurance costs.

Shown below are some of the items used by companies to determine your prices.

Auto insurance just makes sense

Even though it’s not necessarily cheap to insure a Hummer in Anchorage, paying for auto insurance serves a purpose in several ways.

The benefits of carrying enough insurance more than cancel out the cost, especially for larger claims. Despite what companies tell you, the average driver is overpaying more than $865 each year so compare rate quotes at least once a year to make sure the price is not too high.

Best auto insurance company in Alaska

Finding the right insurer can be rather challenging considering how many choices you have in Anchorage. The ranking information shown below can help you decide which auto insurers you want to consider putting your business with.

Anchorage, Alaska Auto Insurance Company Rankings
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Farmers Insurance 78 87 88 79% A 84.3
Compare Rates Now Go

Data Source: Best Car Insurance Companies