State Farm wrote over 80,000 auto liability premiums in Alaska in 2021, making it the largest auto insurance provider in The Last Frontier. With great incentives for safe drivers, sizable discounts, several coverage options, easy-to-use mobile features, and more, State Farm is our top pick for Alaskans.
Part of what makes State Farm so cheap is its long list of discounts. Whether you’re a young driver, owner of a new vehicle, safe driver, homeowner, or something else, chances are State Farm has a discount for you. Here are a few ways you can save with State Farm.
- Steer Clear discount: If you’re under the age of 25 and complete the following requisites, you might be eligible for up to 15 percent off with the Steer Clear discount.
- You can’t have any at-fault accidents for three years.
- You can’t have a moving violation for three years.
- You complete the State Farm Steer Clear Program.
- Multiple vehicle discount: You can earn a multivehicle discount if you meet the following criteria.
- You have at least two vehicles insured with State Farm.
- You have at least two private passenger vehicles driven by individuals who reside at your address.
- The other drivers in your policy must be related to you (spouse, child, adoptee, etc.), or you must own the vehicle jointly.
- Defensive driving course discount: Voluntarily complete a motor vehicle accident prevention course, and you could qualify for the defensive driver discount. You must be over the age of 55.
- Passive restraint discount: You can earn up to 40 percent off your insurance if you drive a 1993 or older vehicle with factory-installed airbags.
- Drive Safe & Save app: Drive Safe & Save is a performance-based tracking program that can earn you a premium discount if you exhibit safe driving habits. You can earn up to 30 percent off with the app (look below for a detailed review of the app).
- Smart student discount: You might be eligible for this discount if you’re under the age of 25, a full-time high school or college student, and have the following requisites in your most recent school semester:
- Rank in the top 20 percent of your class
- Have a B average or higher
- Made the dean’s list or honor roll
- Driver training discount: Under the age of 21? You could earn a discount by completing a certified driver training program that includes classroom instruction, actual driving experience, or a mechanical device that stimulates real driving.
Best for Safe Drivers
State Farm’s biggest saving opportunity for drivers is through the Drive Safe & Save program. If you complete the program and exhibit safe driving habits, you can earn up to 30 percent off your car insurance.
Here’s how the program works:
- Download the app (available for both Android and Apple users).
- Follow the app’s instructions.
- Complete the setup after State Farm sends you a Bluetooth beacon.
Drive Safe & Save tracks behaviors like how many miles you drive each month, how hard you brake, how fast you accelerate, and other performance-based metrics to calculate your six-month score. If you drive less than 7,500 miles per year for personal usage, you could receive State Farm’s low-mileage discount. If you drive significantly more or exhibit poor driving habits, however, your premiums could increase.
All the Coverage You’ll Need
To drive legally in Alaska, you need minimum liability insurance with the following limits:
- $50,000 in bodily injury liability per person
- $100,000 in bodily injury liability per accident
- $25,000 in property damage liability per accident3
We recommend you add higher limits to minimum coverage car insurance and tack on full coverage (medical payments, collision, and comprehensive insurance), as well as uninsured motorist coverage. State Farm offers the cheapest full coverage as well as a long list of optional coverage options for your unique driving needs. Those coverage options include the following:
- Payoff Protector program: The Payoff Protector program is State Farm’s version of gap insurance, which will pay off your loan/lease if your vehicle is totaled or stolen and you owe more than the car’s depreciated value.
- Travel expenses coverage: If you get into an accident more than 50 miles away from home, State Farm will help pay for meals, lodging, and transportation.
- Personal umbrella coverage: Umbrella insurance helps pay for costs when your original limits are exhausted. It can help cover claims for auto insurance, homeowners insurance, lawsuits, and more.
- Rental car reimbursement: With rental car reimbursement, State Farm will reimburse you or pay for the rental while your car is in the shop.
- Classic car insurance: Classic cars require a specialized type of insurance because they appreciate in value over time, whereas most other vehicles depreciate over time. Not all insurance providers offer classic car insurance, so be sure to speak to your local agent if you own a classic or antique car.
- Emergency roadside service: If you run out of gas, have a flat tire, or need a jump start, State Farm will send an emergency roadside service member to help.
- Rideshare insurance: If you’re driving for a rideshare service, you need additional rideshare insurance to cover the entirety of your drive. Neither personal insurance nor Transportation Network Company (TNC) insurance will cover damages or injuries that occur while you’re waiting for your next passenger or while you’re driving to pick up a passenger.
DID YOU KNOW?
Data from the National Highway Traffic Safety Administration (NHTSA) shows that Alaskans experienced almost 10 times more motor vehicle fatalities due to sleet, hail, snow, and freezing rain than the rest of the country. Comprehensive insurance
ensures your vehicle is covered in the event of weather-related damages.