If saving money is your primary concern, then the best way to find the cheapest price for Saturn Sky insurance is to start doing an annual price comparison from providers who can sell car insurance in Anchorage. Drivers can shop around by completing these steps.
- Try to understand car insurance and the steps you can take to lower rates. Many factors that drive up the price such as careless driving and poor credit history can be improved by making lifestyle changes or driving safer.
- Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from one company like Progressive or Farmers Insurance, while independent agents can provide prices from many different companies.
- Compare the new rate quotes to your current policy premium to see if cheaper Sky coverage is available. If you can save money, make sure there is no lapse between the expiration of your current policy and the new one.
- Provide notification to your current agent or company of your intention to cancel your current policy and submit a down payment along with a completed application to your new company or agent. Don’t forget to put the proof of insurance certificate in an easily accessible location.
The key aspect of shopping around is to try to use identical deductibles and limits on every quote request and and to look at as many different insurance providers as possible. This guarantees a fair rate comparison and a better comparison of the market.
It’s amazing but nearly 70% of consumers kept their policy with the same company for a minimum of four years, and just short of a majority have never shopped around. With the average premium in America being $1,847, drivers can save about 47% each year by just comparing quotes, but they just don’t understand how easy it is to compare other rate quotes.
If you have insurance now, you will most likely be able to save money using the ideas you’re about to read. Choosing the best rates in Anchorage can initially seem challenging. But Alaska car owners must know how big insurance companies determine prices and apply this information to your search.
It’s important to know that comparing more prices helps locate better pricing.
The car insurance companies shown below have been selected to offer free quotes in Alaska. If you wish to find the best cheap auto insurance in AK, it’s a good idea that you compare several of them in order to find the lowest rates.
Discounts mean cheaper rates for Saturn Sky insurance in Anchorage
Companies don’t list the complete list of policy discounts in a way that’s easy to find, so we break down both well-publicized as well as some of the hidden credits available to bring down your rates.
- Passive Restraints – Cars that have air bags or automatic seat belts could see savings of 25 to 30%.
- Military Rewards – Being on active deployment in the military can result in better rates.
- Discounts for Federal Employees – Having worked for a branch of the government could qualify for a slight premium decrease depending on your company.
- Paperless Signup – Some insurance companies may give you up to $50 for completing your application on the web.
- Anti-theft System – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and earn discounts up to 10% off your Anchorage auto insurance quote.
- Professional Memberships – Being in qualifying employment or professional organizations is a good way to get lower rates when shopping for car insurance.
- First Accident Forgiveness – Not a discount per se, but certain companies allow you one accident before they charge you more for coverage as long as you don’t have any claims prior to being involved in the accident.
- Data Collection Discounts – Insureds that choose to allow driving data submission to analyze their driving habits through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot could see a rate decrease if their driving habits are good.
- Discount for Swiching Early – A few companies offer discounts for renewing your policy before your current Sky insurance policy expires. It can save you around 10%.
One thing to note about discounts is that most credits do not apply to all coverage premiums. Most only reduce specific coverage prices like collision or personal injury protection. Just because you may think you could get a free car insurance policy, it doesn’t quite work that way.
Insurance companies who may offer some of the discounts shown above include:
When getting free Anchorage auto insurance quotes, it’s a good idea to each insurance company how you can save money. Some of the earlier mentioned discounts might not apply in Anchorage.
Three reasons to insure your vehicle
Despite the potentially high cost of Saturn Sky insurance, insurance is required in Alaska but it also protects you in many ways.
First, just about all states have mandatory insurance requirements which means the state requires specific limits of liability coverage if you want to drive 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.
Second, if you bought your Sky with a loan, it’s guaranteed your bank will force you to have physical damage coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the lender may insure your Saturn at an extremely high rate and require you to reimburse them the higher premium.
Third, insurance safeguards both your vehicle and your personal assets. It will also provide coverage for many types of medical costs for both you and anyone you injure as the result of an accident. Liability coverage will also pay for a defense attorney if you are sued as the result of your driving. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car more than offset the price you pay, particularly for liability claims. Today the average American driver overpays more than $700 annually so compare quotes from several companies every year to be sure current rates are still competitive.
Different people need different car insurance coverages
When it comes to coverage for your vehicles, there really isn’t a “perfect” insurance plan. Your needs are not the same as everyone else’s and your car insurance should unique, too.
For instance, these questions might point out whether you may require specific advice.
- Am I covered while delivering pizza?
- What companies insure drivers after a DUI or DWI?
- Should I waive the damage coverage when renting a car?
- Is my nanny covered when driving my vehicle?
- Can good grades get a discount?
- Why am I be forced to buy a membership to get insurance from some companies?
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Get rate quotes but work with a local Anchorage insurance agency
Many people just prefer to sit down with an agent and there is nothing wrong with that. An additional benefit of price shopping on the web is that you can find cheap rate quotes and still have an agent to talk to. Supporting local insurance agents is especially important in Anchorage.
After filling out this form (opens in new window), your information is immediately sent to participating agents in Anchorage who can give free rate quotes to get your business. There is no reason to contact any insurance agencies due to the fact that quote results will go immediately to your email address. Get lower rates AND an agent nearby. If you wish to compare rates from a particular provider, don’t hesitate to go to their quote page and fill out the quote form the provide.
If you want to buy auto insurance from a local Anchorage insurance agent, there are a couple of types of agencies and how they function. Agents in Anchorage are categorized either exclusive or independent.
Independent Auto Insurance Agents (or Brokers)
These agents often have affiliation with several companies so as a result can place your coverage through many different auto insurance companies and get the cheapest rates. If you are not satisfied with one company, your agent can switch companies and you can keep the same agent. When comparison shopping, you need to check rates from a couple of independent agencies so that you can do a thorough price comparison.
Shown below is a list of independent agencies in Anchorage who may be able to give you cheap rate quotes.
500 W 36th Ave #210 – Anchorage, AK 99503 – (907) 770-2400 – View Map
Exclusive Insurance Agents
Exclusive agents can only provide pricing for a single company like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot place coverage with different providers so always compare other rates. Exclusive agents are very knowledgeable on their company’s products which helps offset the inability to provide other markets.
The following are exclusive insurance agencies in Anchorage that are able to give price quotes.
Finding a good insurance agent should include more criteria than just the price. These are some valid questions you should ask.
- How would your car be valued if totaled?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Is there a 24/7 contact number?
- Is coverage determined by price?
- Do the coverages you’re quoting properly cover your vehicle?
Once you have received answers to your satisfaction to these questions as well as a price you’re happy with, it’s possible that you found an insurance agency that is reliable enough to provide auto insurance coverage. Keep in mind consumers can cancel a policy whenever you choose to so don’t assume that you are obligated to any specific agency for the full policy term.
The coverage is in the details
Knowing the specifics of a auto insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages available from auto insurance companies.
This protects you from damage or injury you incur to people or other property by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/25 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability can pay for things such as medical services, repair costs for stationary objects and loss of income. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford. Alaska requires minimum liability limits of 50/100/25 but you should consider buying more liability than the minimum.
The illustration below demonstrates why the minimum limit may not be enough coverage.
Uninsured/Underinsured Motorist (UM/UIM)
This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since many Alaska drivers only purchase the least amount of liability that is required (which is 50/100/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Usually these coverages are identical to your policy’s liability coverage.
Coverage for collisions
This coverage will pay to fix damage to your Sky resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like scraping a guard rail, sustaining damage from a pot hole, driving through your garage door and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible on your Sky to save money on collision insurance.
Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive can pay for things like damage from getting keyed, a tree branch falling on your vehicle, rock chips in glass and hitting a bird. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP reimburse you for short-term medical expenses such as chiropractic care, prosthetic devices and EMT expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not universally available and may carry a deductible