Who Has The Cheapest Motorcycle Insurance In Alaska?
Progressive offers the cheapest motorcycle insurance in Alaska, at $19 per month.
Find Cheap Motorcycle Insurance Quotes in Alaska
Best cheap motorcycle insurance in Alaska
How we chose the top companies
Cheapest motorcycle insurance in Alaska
Progressive has the best motorcycle insurance rates in Alaska.
A full coverage policy from Progressive costs $19 per month. That's 12% cheaper than the Alaska state average.
Compare Motorcycle Insurance Quotes in Alaska
In Alaska, the average cost of motorcycle insurance is $22 per month for full coverage. That's one-third less expensive than the national average.
Best cheap motorcycle insurance companies in Alaska
Company | Monthly rate | ||
|---|---|---|---|
| Progressive | $19 | |
| Geico | $22 | |
| Allstate | $24 | |
Best motorcycle insurance for most people: Progressive
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Editor's rating
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Cost: $19/month
Overview
Pros/Cons
Progressive has a great blend of low prices, good service and useful coverage options.
Motorcycle insurance from Progressive costs just $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, the company doesn't offer some common coverage add-ons like rental reimbursement coverage, trip interruption coverage 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 about one-third fewer complaints than an average company its size. 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's rating
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Cost: $24/month
Overview
Pros/Cons
Allstate has lots of helpful coverage add-ons and well-rated service.
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 if you're 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 more expensive than the Alaska state average. However, Allstate is $5 per month higher than the cheapest company, which is Progressive.
Best for military families: USAA
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Editor's rating
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Cost: $18/month
Overview
Pros/Cons
Alaska riders with military ties can get the cheapest rates in the state 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.
Only military members, veterans and some military family members can get coverage through USAA.
The other drawback to USAA motorcycle insurance is that it doesn't bundle with USAA's car insurance. You're missing out on a small discount, along with the convenience of managing all your insurance policies in one place.
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 $23 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 $21 per month.
Average cost of motorcycle insurance in Alaska by city
Average motorcycle insurance cost in AK by city
City | Monthly cost | % from average |
|---|---|---|
| Anchorage | $23 | 6% |
| Barrow | $21 | -3% |
| Bethel | $21 | -5% |
| Cordova | $22 | 2% |
| Delta Junction | $21 | -1% |
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.
Methodology
ValuePenguin collected motorcycle insurance quotes from three 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
The ValuePenguin team has a combined total of more than 50 years of experience in the property and casualty insurance industry.
About the Author
Lead Writer
Matt Timmons is a Lead Writer on the insurance team at ValuePenguin, where he writes in-depth and timely pieces helping find the right coverage for them.
He's covered insurance at ValuePenguin since 2018, specializing in auto and home insurance, as well as life insurance. He's paid special attention to the EV insurance market, where prices are much higher than for gas cars.
Before he started writing about personal finance, Matt wrote about professional skills and online tools at an e-learning company.
How insurance helped Matt
During freshman orientation in college, Matt's iPod was stolen off his table while he was eating lunch. Luckily, he'd bought a college insurance plan the day before and he had money to buy a replacement before classes started.
Expertise
- Auto insurance
- Home insurance
- Insurance rate analysis
- Life insurance
Referenced by
- CNBC
- Miami Herald
- Yahoo! Finance
Education
- BA, Wesleyan University
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
