Who Has The Cheapest Motorcycle Insurance In Alaska?
Progressive offers the cheapest motorcycle insurance in Alaska, at $19 per month.
Compare Motorcycle Insurance Quotes in Alaska
Best cheap motorcycle insurance in Alaska
To help you find the best cheap motorcycle insurance in Alaska, ValuePenguin compared quotes across 33 of the largest cities in the state.
Riders in Alaska have limited options, as some companies do not offer policies in the state. Our experts rated the best motorcycle insurance companies in Alaska based on customer service, cost and coverage availability.
To find the cheapest companies, ValuePenguin compared quotes for a full coverage policy with collision and comprehensive coverage. See the full methodology.
Cheapest motorcycle insurance in Alaska
Progressive has the best motorcycle insurance rates in Alaska.
A full coverage policy from Progressive costs $19 per month, or $224 per year. That's 29% cheaper than the Alaska state average.
Compare Motorcycle Insurance Quotes in Alaska
In Alaska, the average cost of motorcycle insurance is $26 per month for full coverage. That's 21% less expensive than the national average.
Best cheap motorcycle insurance companies in Alaska
Company | Monthly rate | ||
|---|---|---|---|
| Progressive | $19 | |
| Geico | $22 | |
| Allstate | $24 | |
| Markel | $41 | |
Best motorcycle insurance for most people: Progressive
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Editor rating
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Monthly rate
$19 ?
Pros and cons
Progressive is the best option for most motorcycle drivers in Alaska because it offers the most affordable rates along with good customer service.
The average cost of motorcycle insurance from Progressive is $19 per month for a full coverage policy. That's $7 per month cheaper than the statewide average. It's also $3 per month cheaper than the second-cheapest company, Geico.
Progressive's basic policy includes protection that often costs extra with other insurance companies. These include:
- Full replacement cost coverage
- Original equipment manufacturer (OEM) parts
- $3,000 in custom parts coverage
However, it doesn't offer some common coverage add-ons like rental reimbursement coverage, trip interruption or protection for your bike while it's on a trailer. That means daily riders and people who regularly travel with their bikes may want to consider another company.
Progressive customers are typically happy with the service they get from the company. Progressive gets 35% fewer complaints than other major insurance companies, according to the National Association of Insurance Commissioners (NAIC) complaint index. That means you can count on Progressive to get you back on the road quickly after a crash.
Best for daily riders: Allstate
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Editor rating
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Monthly rate
$24 ?
Pros and cons
Allstate has the best motorcycle insurance for daily riders in Alaska because it offers helpful coverage add-ons at an affordable price.
Daily riders can add roadside assistance and towing and labor coverage to their Allstate policy. Both coverages are very useful if your motorcycle is your main vehicle.
- Rental reimbursement pays for a rental vehicle while your bike is in the shop after an accident.
- Towing and labor coverage pays for the cost of towing and labor if your bike breaks down on the side of the road. Other companies typically call this roadside assistance.
Allstate also offers trailer coverage if you're in an accident while hauling your bike or off-road vehicle.
Allstate is also a great choice for riders looking to bundle their motorcycle insurance and home insurance. Allstate offers some of the best home insurance in the country. And its rates are typically affordable. Plus, you'll earn a multipolicy discount when you buy both motorcycle and home insurance from Allstate.
Full coverage motorcycle insurance from Allstate costs $24 per month, which is $2 per month less expensive than the Alaska state average. However, it's $5 per month more expensive than the cheapest company, Progressive.
If you're only considering Allstate for its rental reimbursement coverage, you might be better off choosing Progressive. You could use the difference in cost to help pay for a rental vehicle, if you ever need one.
Best for military families: USAA
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Editor rating
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Monthly rate
$18 ?
Pros and cons
Alaska riders with military ties can get the cheapest rates in the state through USAA.
However, only military members, veterans and some military family members can get coverage through USAA.
USAA partners with Progressive for its motorcycle coverage. Progressive offers USAA members the same excellent coverage at a 5% discount. That means USAA members in Alaska can expect to pay an average of $18 per month for full coverage from Progressive.
In addition, USAA consistently has some of the best-rated customer service in the country. That means riders can count on USAA for a quick and easy claims experience after an accident.
Alaska motorcycle insurance costs by city
Anchorage and Eagle River, located just north of Anchorage, have the most expensive motorcycle insurance among Alaska's larger cities and towns.
Full coverage motorcycle insurance costs an average of $28 per month in both cities.
Bethel, the largest city in Western Alaska, has the cheapest rates among the 33 largest cities in the state. Motorcycle insurance in Bethel costs an average of $26 per month.
Average cost of motorcycle insurance in Alaska by city
City | Monthly cost | % from average |
|---|---|---|
| Anchorage | $28 | 5% |
| Barrow | $26 | -1% |
| Bethel | $26 | -2% |
| Cordova | $27 | 2% |
| Delta Junction | $26 | 0% |
Alaska motorcycle insurance requirements
Alaska motorcycle drivers must have a minimum amount of liability insurance to drive legally. This requirement can sometimes be written as 50/100/25. This is the same as the requirement for a car or truck in Alaska.
- Bodily injury liability: $50,000 per person and $100,000 per accident
- Property damage liability: $25,000 per accident
This coverage pays for injuries to others or damage to their property if you cause an accident. But you'll need to get collision and comprehensive coverage if you want your insurance to cover damage to your bike.
Frequently asked questions
What is the best motorcycle insurance in Alaska?
Progressive has the best motorcycle insurance for most riders in Alaska. It offers the cheapest rates in the state, averaging $19 per month for full coverage.
A standard policy from Progressive also includes coverage features that other companies charge extra for. And riders can count on Progressive to have an easy claims process after a crash.
What is the minimum insurance requirement in Alaska for motorcycles?
Riders in Alaska must have a minimum of $50,000 of bodily injury liability coverage per person and $100,000 per accident. You must also have $25,000 of property damage liability per accident. This is sometimes written as 50/100/25.
Is motorcycle insurance cheap in Alaska?
The average cost of full coverage motorcycle insurance in Alaska is $26 per month. That's $7 per month cheaper than the national average of $33 per month.
This may be because Alaska roads are less congested than the roads in more populated states. That means riders are less likely to file a claim.
Compare motorcycle insurance in Alaska vs other states
Methodology
ValuePenguin collected motorcycle insurance quotes from four major motorcycle insurance companies that serve Alaska across 33 of the largest cities and towns in the state. Rates are for a 45-year-old single man who owns a 2018 Honda CMX500 Rebel.
Quotes are for a full coverage policy, which includes comprehensive and collision coverage.
- Bodily injury liability: $50,000 per person and $100,000 per accident
- Property damage liability: $25,000 per accident
- Uninsured and underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Uninsured and underinsured motorist property damage: $25,000 per accident
- Medical payments: $5,000
- Comprehensive and collision deductible: $500
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