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Looking for cheap auto insurance in Kenai, AK? AutoInsuranceEZ.com can help you find what you need. All you need to do is supply your postal code in the quote box down the page – it’s so easy!

Kenai is named after both the river which runs alongside it and the peninsula where the city was founded. Original inhabitants included the Dena’ina (or Kenaitze) natives, who were then joined by Russian traders in the 1700’s. Various attempts at settling the area waxed and waned over the years until the late 19th century, when the shipping industry boomed and Kenai became an essential port city.

Fun fact: she works hard for the money …mostly because Kenai is #3 on the list of “Top 101 cities with largest percentage of females working in industry: Mining (population 5,000+)”. Read up on Kenai by visiting here.

Auto Insurance Coverage Requirements in Alaska

The state of Alaska has the following minimum coverage requirements:

Coverage Requirements Most Common
Bodily Injury Liability 50,000/100,000 100,000/300,000
Property Damage Liability 25,000 50,000
Uninsured Motorist Bodily Injury Not required 50,000/0130,000
Medical Payments Not required 5,000
Collision Not required 500 deductible
Comprehensive Not required 100 deductible

 
If you’re on a tight budget and don’t anticipate getting into many accidents, then a Liability only policy might be a good deal for you. But keep in mind how limited Liability coverage is. Your company will only pay out claims if you are found at-fault in an accident. Anything else that happens to your car will be your financial responsibility. For more information on affordable Alaska insurance, compare rates now.

Some sources claim that the average price for Alaska drivers is about $129 per month. However, some motorists can get covered for as little as $29/mo* in Kenai if they know where and how to look. It all depends on your personal circumstances.

Average Monthly Auto Insurance Premiums Legend: Kenai State Farm Umialik Allstate 5 10 15 20 25 30 $28 $27 $31

 
If you want the absolute lowest rate possible, then Umialik looks like the provider you want to go with. However, there are other factors to consider when evaluating potential insurance companies. It might be worth it to pay a little more in premiums for superior customer service and an efficient claims process.

Organizations that provide you with automobile insurance plans contemplate various variables when figuring out quotes, which includes marital status, driving violations, type of vehicle owned, miles driven each year, and current insurance coverage and limits. Moreover, premiums differ from one company to another. To find out if that you are still receiving the best rate, compare cheap Kenai automotive insurance price quotes online.

Major Car Insurance Factors in Kenai

You could possibly feel a bit hopeless as soon as your insurance provider is pricing your insurance quote; let’s be honest, almost all of the things these people calculate aren’t items you will be able to change or control. Fortunately, however, there are still items that you might be in a position to change for greater discounts, such as:

  • Your Zip Code

Insurance agencies need to know where you reside (or the places you might be driving a vehicle frequently) in order to estimate the prospect of a major accident. It all amounts to a very simple principle: the higher the population, the more automobiles there will be on the highway, and therefore the more opportunities you might have to hit or perhaps be crashed into by yet another motor vehicle. The population of Kenai is in fact 7,452 and also the typical household income is $64,334.

Auto Insurance by Zip Code Legend: Anchorage Fairbanks Juneau Kenai Ketchikan State Farm Umialik Allstate 5 10 15 20 25 30 35 40 45 50 $41 $31 $31 $28 $26 $46 $33 $24 $27 $24 $50 $28 $32 $31 $32

 

  • Automotive Accidents

Luckily for Kenai drivers, the accident rate is well below the national average. This means that average monthly premiums will also fall below the national average. Insurance often offer discounts and lower rates for motorists who live in safer zip codes.

Fatal Accidents in Kenai, AK Legend: Kenai Fatal accident count Vehicles involved in fatal crashes Fatal crashes involving drunk persons Fatalities Persons involved in fatal crashes Pedestrians involved in fatal accidents 1 1 1 1 1

 

  • Auto Thefts in Kenai

Obtaining inexpensive insurance can be challenging if you are vulnerable to auto theft. Certain popular automobile models usually are attractive to thieves, in addition to cars or trucks which are parked often in huge urban centers. The full number of thieved automobiles in Kenai was only 18 for the year 2013. Comprehensive coverage can protect you from being financially responsible if your vehicle is stolen or vandalized, but it will substantially raise your monthly rate.

Basic vs. Comprehensive Auto Policy Legend: Basic Coverage Comprehensive Coverage State Farm Umialik Allstate 5 10 15 20 25 30 35 40 $28 $37 $27 $34 $31 $40

 

  • Your Credit Score

Depending on your insurance provider, your credit score can make a big difference when it comes to your monthly premiums. There are specialty providers in Alaska who will offer you a fair price on your monthly rate, even if you have poor credit. Usually, however, better credit scores equal substantially lower rates.

Auto Insurance by Credit Score Legend: Excellent Credit Poor Credit State Farm Umialik Allstate 5 10 15 20 25 30 35 40 45 $27 $27 $24 $46 $29 $39

 

  • Your Age

Based on statistical data, it costs more to insure teenage drivers because they are more likely to get into accidents while they are still young. Older motorists benefit from their years of experience behind the wheel with lower monthly premiums. However, teenagers and college students can save some money by asking about Good Student discounts.

Auto Policy Age Comparison Legend: 34 Year Old 17 Year Old State Farm Umialik Allstate 5 10 15 20 25 30 35 40 45 50 55 $31 $56 $24 $48 $32 $53

 

  • Your Driving Record

Obviously, someone with a clean driving record will be charged substantially less than someone with several violations. Whether you have a bunch of speeding tickets, were involved in an accident, or have a serious violation (such as a DUI) on your record, your monthly rate will go up with each transgression. However, some companies may offer “Accident Forgiveness” discounts.

Driving Violations Legend: Perfect Record Minor Speeding Ticket DUI/Reckless Driving Major At-Fault Accident State Farm Umialik Allstate 5 10 15 20 25 30 35 40 45 $31 $30 $30 $32 $24 $27 $27 $27 $32 $37 $44 $46

 

  • Your Vehicle

The more expensive your vehicle is, the more coverage you will want to purchase in order to protect your investment. Of course, you will have to pay higher rates if you purchase more coverage. But there are ways to still save, even with an expensive policy.

Car Insurance by Make/Model Legend: 2015 Honda Accord 2012 Porche Boxster Spyder State Farm Umialik Allstate 5 10 15 20 25 30 35 $31 $37 $24 $34 $32 $34

 

Minor Car Insurance Factors in Kenai

Below are some little-known factors which may or may not alter your monthly premium:

  • Your Marital Status

If you are a married couple, you should take advantage of bundling discounts available from most providers. You can even bundle your homeowner’s insurance or your renter’s insurance with your auto policies for more savings.

  • Your Gender

As society continues to evolve, more and more insurance companies are discontinuing the practice of charging different rates for male and female motorists. Many major providers charge the same monthly rate, regardless of gender.

  • Your Driving Distance to Work

Weather permitting, your daily commute in Kenai shouldn’t be too much of a hassle. Typical trips last around 19 minutes or less, with a little over 10% of workers carpooling to their jobs each day.

IF you’re concerned about driving too many miles, or driving for the wrong reasons, don’t lose too much sleep over it. Even drastic cuts or other changes in your driving behavior will only change your monthly premium by a few dollars at best.

  • Your Coverage and Deductibles

If you want more than just basic state minimum coverages, there are ways to keep your monthly premiums affordably low. Start by asking your provider if you can raise your deductible. Raising your deductible will lower your monthly rate, but it will also increase your out-of-pocket expenses if the worst happens.

  • Education in Kenai, AK

Your job and salary don’t matter as much to your insurance provider as your overall education level does. About one-third of all Kenai residents have a high school diploma hanging on the wall at home, while an additional 24% have gone on to pursue at least one year of college or more. But did you know that your level of education can have a big impact on your car insurance? The more schooling you have, the lower your annual rate will be.

Just a few miles south of Kenai, locals have an opportunity to pursue a variety of educational opportunities with only a short commute. The Kenai River Campus of the Kenai Peninsula College specializes in nursing degrees, and the University of Alaska Anchorage operates a satellite campus in the nearby town of Soldotna.

Vehicle insurance is one of the most important investments you may make as a driver. You need to ensure you uncover a sincere, responsible business who’ll follow through on their guarantees. A small number of motor vehicle insurance agencies are usually much better at this than the others, and conducting a rigorous online search can help you separate the favorable from the poor.

How We Conducted Our Car Insurance Analysis

*We calculated our average rate based on the following metrics: a married, 34 year old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.

Sources:

Alaska Division of Insurance

Alaska Department of Financial Institutions

Department of Highway Safety and Motor Vehicles

City-Data.com

Census.gov 

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FIND THE CHEAPEST INSURANCE QUOTES IN YOUR AREA
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