The preferred way to save on auto insurance rates in Anchorage is to compare prices at least once a year from insurers who provide auto insurance in Alaska. Rates can be compared by following these steps.
- First, learn about policy coverages and the modifications you can make to keep rates low. Many rating criteria that cause rate increases such as at-fault accidents, careless driving, and a low credit score can be eliminated by making minor changes in your lifestyle.
- Second, compare prices from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from one company like GEICO and State Farm, while agents who are independent can provide prices for a wide range of insurance providers. View companies
- Third, compare the quotes to the premium of your current policy and determine if cheaper Volt coverage is available. If you can save some money and buy the policy, make sure coverage does not lapse between policies.
One piece of advice is to compare similar deductibles and liability limits on every quote request and and to analyze as many car insurance companies as possible. This guarantees a fair price comparison and the best price selection.
It’s hard to fathom, but nearly 70% of customers have been with the same company for well over three years, and 38% of customers have never compared rates to find cheaper insurance. Anchorage consumers could pocket nearly $370 a year just by shopping around, but they think it’s difficult to compare rates and save money.
Cheapest Chevy Volt insurance price quotes in Anchorage, Alaska
The companies in the list below offer free quotes in Alaska. If you want the best car insurance in Anchorage, AK, we suggest you click on several of them in order to get a fair rate comparison.
Lower rate quotes on Chevy Volt insurance in Anchorage with these car insurance discounts
Companies that sell car insurance don’t always list all possible discounts in a way that’s easy to find, so the list below contains some of the best known as well as some of the hidden credits available to you. If you’re not getting every credit you deserve, you’re just leaving money on the table.
- Senior Citizens – Mature drivers may be able to get a small decrease in premiums.
- Organization Discounts – Participating in specific professional or occupational memberships or organizations can get you a small discount on your next renewal.
- Payment Discounts – If you pay your bill all at once as opposed to paying monthly you could save up to 5%.
- Anchorage Homeowners Discount – Simply owning a home can help you save on car insurance because maintaining a house requires a higher level of personal finance.
- Good Students Pay Less – Excelling in school can earn a discount of 20% or more. You can use this discount normally well after school through age 25.
- Active Service Discounts – Being deployed in the military could trigger a small discount.
- Distant Student – College-age children who are enrolled in a college that is more than 100 miles from Anchorage and do not take a car to college may qualify for this discount.
- Multi-policy Discount – If you can combine your home and auto policy with the same company you could save as much as 10 to 15 percent.
Just know that many deductions do not apply to your bottom line cost. Most cut individual premiums such as collision or personal injury protection. If you do the math and it seems like you could get a free car insurance policy, you’re out of luck.
Larger car insurance companies and some of the discounts can be found below.
- American Family offers discounts for good student, TimeAway discount, early bird, Steer into Savings, accident-free, and multi-vehicle.
- Nationwide includes discounts for easy pay, multi-policy, family plan, accident-free, defensive driving, anti-theft, and good student.
- MetLife has discounts for defensive driver, multi-policy, accident-free, good driver, claim-free, and good student.
- 21st Century discounts include air bags, defensive driver, driver training, teen driver, and theft prevention.
- Farmers Insurance policyholders can earn discounts including youthful driver, early shopping, distant student, multi-car, switch companies, and mature driver.
- Allstate may offer discounts for EZ pay plan discount, utility vehicle, resident student, good payer, premier discount, and teenSMART discount.
It’s a good idea to ask every insurance company which discounts can lower your rates. Some discounts listed above may not be offered in Anchorage.
Car insurance is not optional
Even though it can be expensive, maintaining insurance is required for several reasons.
- Most states have mandatory insurance requirements which means it is punishable by state law to not carry a minimum amount of liability coverage in order to drive the car legally. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your Volt, most lenders will require you to buy full coverage to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank will be required to insure your Chevy for a lot more money and require you to pay for it.
- Car insurance protects not only your Chevy Volt but also your assets. Insurance will pay for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your car are without a doubt worth the cost, especially for larger claims. As of last year, the average driver in Alaska overpays more than $825 a year so you should quote and compare rates at every renewal to ensure rates are competitive.
Which policy gives me the best coverage?
Keep in mind that when it comes to choosing insurance from an agent or online, there is no one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply.
Here are some questions about coverages that can help discover whether you would benefit from an agent’s advice.
- What does roadside assistance cover?
- Does my policy cover me if I wreck while driving under the influence?
- What does PIP insurance cover?
- What is the rate difference between pleasure use and commuting?
- What is GAP insurance?
- Does coverage extend to Mexico or Canada?
- Will my Chevy Volt be repaired with OEM or aftermarket parts?
- When should my teen driver be added to my policy?
- Should I pay a claim out-of-pocket?
If you’re not sure about those questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Car insurance agents can help
Some consumers still prefer to go talk to an agent and doing that can be a smart decision Agents are very good at helping people manage risk and give you someone to call. One of the great benefits of comparing rate quotes online is you can get the lowest rates and also buy local.
Upon completion of this quick form, the quote information is emailed to companies in Anchorage who will return price quotes for your coverage. It makes it easy because there is no need to do any legwork due to the fact that quote results will go instantly to you. If you need to compare prices from a specific company, feel free to find their quoting web page and give them your coverage information.
Choosing the best insurer shouldn’t rely on just a cheap price. Here are some questions you might want to ask.
- Can you use your own choice of collision repair facility?
- Is the agency involved in supporting local community causes?
- If you are a high risk driver, do they have special markets for your coverage?
- Is there a Errors and Omissions policy in force?
- How are they compensated?
Below is a list of insurance companies in Anchorage who can help you get rate quotes for Chevy Volt insurance in Anchorage.
After you get positive responses to any questions you have and an acceptable price quote, you’ve probably found an insurance company that can be relied on to properly service your car insurance policy.