Fairbanks is the biggest city in Alaska’s interior, with a population of over 100,000 (if you count the entire borough). It is also home to one of Alaska’s biggest colleges, the University of Alaska Fairbanks. With over 10,000 students, a lot of the city’s population is composed of young drivers which can raise the average cost of auto insurance in the area. Because of population changes that force insurance companies to frequently review their rates, we suggest re-shopping your auto policy at least twice a year. With online tools like ours, it only takes a few minutes to compare the choices for cheap insurance Fairbanks can offer.