Cheapest and Best Non-Owner Car Insurance in Alaska (2024)

Name: Cheapest and Best Non-Owner Car Insurance in Alaska (2024)
Item: Cheapest and Best Non-Owner Car Insurance in Alaska (2024)
Author: Mark Fitzpatrick

With annual rates of $313, GEICO is the best and cheapest non-owner car insurance company in Alaska. Your actual rate may vary based on location, age and driving history.

By Mark Fitzpatrick

Edited by Jonathan Ramos

Updated: November 21, 2024

Advertising & Editorial Disclosure

Key Takeaways

GEICO offers the most affordable non-owner car insurance in Alaska for drivers with clean records at $26 per month, with State Farm as the runner-up.

If you have a traffic violation, State Farm provides the cheapest non-owner car insurance in Alaska at $34 per month, with GEICO following as the second cheapest.

GEICO ranks as the best non-owner car insurance provider in Alaska with a MoneyGeek score of 78 out of 100, followed by State Farm and Progressive.

Non-owner car insurance is ideal for individuals who don’t own the vehicle they’re driving but still need liability coverage. Carrying this insurance policy type can help drivers with violations on their records reinstate their suspended or revoked licenses.

According to our findings, GEICO is the most affordable insurance company for non-owner car insurance in Alaska. It's also the best choice for individuals seeking a combination of affordability and service quality. State Farm provides the lowest rate for non-owner drivers with violations. As always, consider your personal needs and driver profile to determine if buying non-owner car insurance is the best financial decision for your situation.

Why Trust MoneyGeek? MoneyGeek sourced Alaska data from Quadrant Information Services and examined customer and claim satisfaction ratings from J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC).

64Plans Analyzed

4Providers Compared

Cheapest Non-Owner Car Insurance in Alaska

These insurance companies offer the cheapest non-owner car insurance in Alaska:

Drivers with clean records: GEICO ($26 per month)
Drivers with traffic violations: State Farm ($34 per month)

Non-owner car insurance tends to be more expensive for drivers with violations on their records. In Alaska, the cheapest policy for a driver with a violation costs $8 more than the most affordable policy for someone with a clean driving history.

Cheapest Non-Owner Car Insurance With a Clean Driving Record in Alaska

In Alaska, the most affordable non-owner car insurance policies for drivers with clean records are provided by:

GEICO: $26 per month
State Farm: $30 per month

With an average monthly rate of $21, USAA is the cheapest provider for non-owner drivers. However, its policies are only available for active military personnel, veterans and their families. Non-owner car insurance in Alaska costs an average of $36 per month, which is $7 cheaper than the national average of $43 per month.


GEICO	$313	$26
State Farm	$363	$30
Progressive	$821	$68

ALASKA MINIMUM INSURANCE REQUIREMENTS

The minimum car insurance requirements in Alaska also apply to non-owner car insurance. These include:

$50,000 for bodily injury liability per person
$100,000 for bodily injury liability per accident
$25,000 for property damage liability

It’s worth noting that minimum coverage policies may not provide adequate protection for all drivers. As always, determine how much coverage you need before purchasing a policy.

Cheapest Non-Owner SR-22 Car Insurance in Alaska

The following companies offer the cheapest SR-22 insurance in Alaska for non-owner drivers with traffic offenses on their records:

State Farm: $34 per month
GEICO: $35 per month

USAA offers the most affordable SR-22 non-owner insurance for those with military affiliations at $30 per month.

Committing a serious driving violation, like a DUI or an at-fault accident, may necessitate filing an SR-22 form, which may drive up your insurance rates. In Alaska, the cheapest non-owner SR-22 insurance costs $34 per month — $25 lower than the national average of $59 per month.


State Farm	$412	$34
GEICO	$417	$35
Progressive	$1,184	$99

WHAT IS SR-22 INSURANCE?

While commonly referred to as "SR-22 car insurance," an SR-22 form is not a specific type of insurance policy. Instead, it is a form that your provider files on your behalf to prove that you meet the minimum auto insurance coverage requirements mandated by your state. Typically, you will need to file an SR-22 in Alaska after committing a serious traffic infraction or if you have repeat offenses.

What Is Non-Owner Car Insurance?

Drivers who rent or borrow cars often can benefit from non-owner insurance as it provides liability protection for third-party bodily injuries and property damage. Remember that this policy type doesn't cover your injuries or damages to the vehicle you're driving.

Non-owner car insurance is usually more affordable than standard auto insurance. Check out the table below to see the differences between non-owner and full coverage policies in terms of coverage.

Policy Coverage	Full Coverage	Non-Owner
Liability insurance
Medical payments
Personal injury protection
Uninsured/underinsured motorist
Rental car liability
Collision
Comprehensive

Average Cost of Non-Owner Car Insurance in Alaska

Non-owner auto insurance in Alaska costs an average of $36 per month, which is $7 cheaper than the national average of $43 per month.

The city you live in can affect your car insurance premiums. However, your age, car's make and model, coverage levels and driving record often have a more significant impact on how much you'll pay for auto insurance.

Non-Owner Car Insurance Cost Comparison: National vs. State

National Average Cost

Monthly Premium

$43

Alaska Average Cost

Monthly Premium

$36

On average, non-owner car insurance in Alaska is:$7 saved

This is 16% less expensive.

Best Non-Owner Car Insurance in Alaska

For non-owner drivers in Alaska, the following car insurance companies are known for providing high-quality service at a low cost:

GEICO: MoneyGeek score of 78 out of 100 ($26 per month)
State Farm: MoneyGeek score of 75 out of 100 ($30 per month)
Progressive: MoneyGeek score of 52 out of 100 ($68 per month)

We ranked auto insurers based on their affordability, J.D. Power customer satisfaction ratings and financial stability ratings from AM Best. Below are our brief overviews of the top three car insurance companies in Alaska to help you determine the best option for your non-owner car insurance needs:

MoneyGeek Top Pick

GEICO

GEICO is our top choice because it offers the best customer service for the lowest annual cost. That said, its claims management and coverage options may not be as strong as some other providers.

With GEICO, you can purchase optional add-on coverages to supplement your auto policy, such as roadside assistance, accident forgiveness and mechanical breakdown insurance (MBI). You can take advantage of multiple opportunities to save on your car insurance premiums. These include discounts for bundling, insuring multiple cars, installing safety features in your vehicle and wearing your seatbelt.

Read the full GEICO car insurance review.

Runner-Up

State Farm

State Farm is a top-rated insurance company that consistently receives favorable ratings for affordability and customer satisfaction. This means that you can expect to find competitive premiums while still receiving high-quality service.

State Farm provides coverage options such as roadside assistance and rental car and travel reimbursement. It also offers rideshare insurance, which can be beneficial for non-owner drivers working for ridesharing companies. You may be eligible for a discount if you bundle policies, insure multiple cars or install safety features in your vehicle.

Read the full State Farm car insurance review.

Third Place

Progressive

Progressive stands out for its excellent service, financial stability and coverage options. However, it’s much more expensive than its competitors.

Qualifying for savings opportunities available with Progressive can help you reduce your insurance premiums. These include discounts for bundling, insuring more than one car, paying your premium in full and enrolling in paperless billing. Aside from these, Progressive also has deals for those who haven’t had a lapse in coverage, obtained a quote online or opted for paperless documents.

Read the full Progressive car insurance review.

Should You Get Non-Owner Car Insurance in Alaska?

Non-owner car insurance is suitable for those who don’t own cars but frequently drive rented or borrowed vehicles. It’s also ideal for drivers who want to avoid a lapse in their coverage history and those who wish to reinstate their licenses.

Who Should Consider Non-Owner Car Insurance?

Car borrowers

Those who frequently borrow cars from friends or family should consider purchasing non-owner car insurance. It offers liability coverage for third-party property damage or bodily injury, which will ensure financial security in the event of an accident. Moreover, it’s a cheaper alternative to purchasing a full coverage policy.

Occasional renters

Similarly, drivers who occasionally rent cars can also benefit from non-owner car insurance because it covers property damage and bodily injury liability. This guarantees financial protection in case of an at-fault accident. Purchasing non-owner car insurance is a cost-effective way to obtain liability coverage compared to buying traditional auto insurance.

Drivers between cars

Drivers who have had a lapse in coverage often face higher insurance rates. Thus, non-owner car insurance can be an affordable solution to avoid expensive premiums for those who have recently sold their vehicles or don’t plan on driving for an extended period.

License reinstatement seekers

Those looking to reinstate their driver's licenses after a suspension or revocation may be required to carry non-owner car insurance and file an SR-22 form. This will help prove that they have adequate insurance coverage and assist them in restoring their driving privileges.

ONE-DAY CAR INSURANCE

Beware of providers who offer "one-day insurance," as it is not a legitimate insurance product and may be a scam. We strongly recommend obtaining auto insurance from the car rental company if you need short-term coverage in Alaska.

Frequently Asked Questions About Non-Owner Car Insurance in Alaska

We answered some frequently asked questions to help you better understand non-owner car insurance in Alaska.

Which company offers the cheapest non-owner car insurance in Alaska?

GEICO offers the cheapest non-owner car insurance in Alaska for drivers with clean records at $26 per month. Meanwhile, State Farm is the most affordable option for those with driving offenses, charging $34 per month. Note that your actual rate may vary depending on various personal factors.

Which companies offer non-owner car insurance with the best mix of quality and affordability in Alaska?

GEICO provides the best overall cost and service quality balance for non-owner car insurance in Alaska. However, your best option may differ based on your particular needs and situation.

How much does non-owner car insurance cost in Alaska?

On average, non-owner car insurance in Alaska costs $36 per month. For comparison, the national monthly average is $43. Your location, age, coverage level, driving record and vehicle type affect how much you’ll pay for a policy.

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About Mark Fitzpatrick

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.

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