Fairbanks Auto Insurance Rates, Quotes, Agents & Reviews in AK

Fairbanks, AK Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Fairbanks, AK, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.

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Best Auto Insurance Rates in Fairbanks, AK

The average cost of car insurance in Fairbanks, AK is $1147.  Auto Insurance quotes vary widely based on individual rating factors which are explored more thoroughly by Zimlon below. The cheapest type of auto insurance that a person can have varies depending on their age and location when purchasing it as well as other various different requirements set forth by state law or any company they may be buying from with a range of rates.

Check out the factors and related discounts available in Fairbanks, Ak in detail given below.

Multi Car Insurance Rates 

Car owners in Fairbanks can save money on insurance by bundling coverage from the same provider. Bundled rates are lower because one company is handling your policies and claims instead of multiple companies.The average savings one can get are as follows;

best_auto_insurance_rates_in_fairbanks_ak

Based on age age of the driver

The insurance rates for teenagers and young drivers are inflated because they are seen as more irresponsible behind the wheel. In Fairbanks, teens pay a higher average of $3722 in auto insurance costs than older adults aged 30-40 years old who only spend an average of $1135 and $1092 respectively. Fairbanks car owners can get cheaper insurance rates by comparing age of driver-based policies and taking advantage of discounts like good student/driver discount or defensive driving.

Based on credit score

Car insurance can be cheaper for car owners who have excellent credit scores and clean driving records. Zimlon's research found that in Fairbanks if you are an "excellent" driver with a score of 800 and more, your average annual premium is 984  but when you make the same decision with more than one minor infraction or traffic violation on record less than 600, which could affect how much risk insurers see as acceptable to insure drivers like yourself at any given time, then your premiums will shoot up by 100%. In other words, car owners with good credit scores pay less than the average insurance cost whereas car owners with poor credit scores pay upto $1871  as their premium.

Based on security features 

Cars that are equipped with safety devices not only protect the vehicle and  passengers but can also save money.Car insurance companies will provide discounts to guardians of the road who install as many protective measures on their vehicles. The cost savings vary depending on which type or number of protective features have been installed. Zimlon’s research found that car owners in Fairbanks can reduce their auto insurance costs to $1067 by installing passive disabling devices. Installing features like an audible alarm or an active disabling device can also reduce the insurance costs to $1101 in Fairbanks. Average Insurance cost for cars with active  tracking devices is $1078 .

Factors that can influence the cost of car insurance in Fairbanks, AK are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.


Fairbanks, AK Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Fairbanks, AK with that of other cities in and around Fairbanks.

Fairbanks South Van Horn Farmers Loop Fox College Steele Creek
Average Insurance Rates $1,147 $1,066 $1,298 $1,890 $1,499 $1,511

Fairbanks, AK Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top

The following table makes a comparison of the variation in car insurance rates in and around Fairbanks, AK based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.

Location Low Deductible ($500) High Deductible ($1000)
Fairbanks $1,602 $1,353
South Van Horn $1,391 $1,175
College $1,506 $1,272
Farmers Loop $1,418 $1,198
Badger $1,529 $1,291
Fox $1,947 $1,644
Steele Creek $2,109 $1,782
North Pole $1,166 $985

Fairbanks, AK Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Fairbanks, AK usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.

Age of Driver Insurance Cost
Teens $3,722
20 Years $1,474
30 Years $1,135
40 Years $1,092
50 Years $1,011
60 Years $1,025
70 Years $1,194

Fairbanks, AK Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Fairbanks, AK can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:

Number of Cars Auto Insurance Cost Total Savings
2 Vehicles $1,996 $298
3 Vehicles $2,994 $447
4 Vehicles $3,992 $596

Savings on 2 Vehicles bundle:$298

Savings on 3 Vehicles bundle:$447

Savings on 4 Vehicles bundle:$596


Fairbanks, AK Post- DUI Auto Insurance Rates | Back to Top

Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Fairbanks, AK.

Location Average Insurance Cost Post DUI Insurance Rate
Fairbanks $1,147 $1,790
South Van Horn $1,066 $1,664
College $1,499 $2,340
Farmers Loop $1,298 $2,026
Badger $1,157 $1,806
Fox $1,890 $2,950
Steele Creek $1,511 $2,359
North Pole $1,155 $1,803

Fairbanks, AK Auto Insurance Rates Based on Credit Score | Back to Top

Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.

Credit Score Insurance Cost
Exceptional (800-850) $984
Excellent (740-799) $1,123
Good (670-739) $1,195
Average (580-669) $1,559
Poor (300-579) $1,871

Fairbanks, AK Auto Insurance Agents | Back to Top

Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.

Agent Name Company Agent Address Contact Details
Katherine Hood Allstate 2957A Santa Patricia Ct, North Pole, 99705 (907) 488-7033
Tammy Randolph State Farm 450 S Santa Claus Ln, North Pole, 99705-7818 907-488-7082
Dick Randolph State Farm 610 12th Ave, Fairbanks, 99701-4643 907-456-7787
Jim Matherly Allstate 3425 Airport Way, Fairbanks, 99709 (907) 479-9090
Jim Kelly State Farm 1401 Turner St, Fairbanks, 99701-6161 907-457-3276
Kris Yoder State Farm 3637 Airport Way Ste 109, Fairbanks, 99709-4782 907-328-9022
Max Roberts Allstate 3677 College Rd Ste 7, Fairbanks, 99709 (907) 457-1600
Loa Carroll-Hubbard Allstate 617 Gaffney Rd, Fairbanks, 99701 (907) 474-8002
Dunlap Agency None 1305 21St Ave., Ste 203 Fairbanks, Fort Wainright, 99701 None
Dave Mongold Allstate 230 Old Steese Hwy, Fairbanks, 99701 (907) 452-4260
Rural Alaska Insurance Agency None 3180 Peger Road 3180 Peger Road, Fairbanks, 99709 None

Fairbanks, AK Auto Insurance Rates can Increase Based on Driving Violations | Back to Top

Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.

Driving Violation Cost Increase Total Insurance Cost
Driving Without Headlights +$50 $1,197
Driver's Failure In Showing Documents +$111 $1,258
Driving With An Expired Registration +$118 $1,265
Driving At A Considerably Slow Pace +$249 $1,396
Using A Cellphone While Driving +$263 $1,410
Running A Red Light +$267 $1,414
Speeding +$281 $1,428
Driving A Vehicle Without The Required Permission +$357 $1,504
Driving With An Expired/Suspended License +$773 $1,920

Fairbanks, AK Auto Insurance Rates Based on Anti-Theft Feature | Back to Top

Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.

Anti Theft Feature Insurance Cost
Audible Alarm $1,101
Active Disabling Device $1,101
Tracking Device $1,078
Passive Disabling Device $1,067

Latest Auto Insurance Reviews in Fairbanks, AK | Back to Top

State Farm
I'm overall satisfied. It's simple to maintain insurance, my monthly payment isn't crazy high, and I get a discount for having two cars on my plan.
Allstate
I think they are an average company and have the same things to offer as most other insurance companies. I haven't found anything special or different about them.
Progressive
I would highly recommend this company due to their incredible customer service and their great deals.
State Farm
I would strongly recommend State Farm to any person. State Farm has excellent employees and excellent customer department. State Farm takes care of all my needs and questions.
Liberty Mutual
Liberty Mutual has provided great value.When I compared companies 6 years ago, they were the winner.I recently added a third vehicle to my policy and due to the multi-car discount, actually ended up paying LESS for my overall policy!
Allstate
I had a lapse in coverage for several months and therefore was not able to get insurance through the company that I had used for insurance coverage in the past. In order to have service through that company again, I have to be continuously insured for a minimum of 1 year by another insurance company until I qualify again.
Progressive
i don't have anything that i dislike about the company, anything i've ever needed, they took care of it with no problems.