Alaska Car Insurance Information
Requirement : Yes
Car insurance is required in Alaska . Drivers must have a minimum of liability insurance.
Minimum Coverage Car Insurance Requirements:
A minimum liability insurance policy is required:
- $50,000 for bodily injury/death to one person.
- $100,000 for bodily injury/death per accident.
- $25,000 for damage to property.
Other Car Insurance Coverage Options:
Liability coverage is the only requirement for Alaska motorist to have, there are several other types of coverage available to drivers:
- Collision – Covers damages to your vehicle due to an accident.
- Comprehensive – Covers damages due to your non-accident related damages to your car, such as inclement weather.
- Medical and funeral services coverage – Assists with medical payments, or funeral expenses due to an accident.
Uninsured/Underinsured motorist coverage – Covers you in case you’re involved in an accident with an uninsured party, or they don’t have adequate coverage.
- Note: Comprehensive and or collision coverage is optional, unless the vehicle is being financed or leased, the lending/leasing agency may require you to purchase comprehensive and collision coverage.
Other Forms of Financial Responsibility:
Other legal ways around buying car insurance include: There are no alternative forms of financial responsibility.
requires all drivers to have minimum coverage.
Proof of Insurance: Yes
You must carry proof of insurance with your vehicle at all times.
Valid forms of proof of financial responsibility include:
- Insurance card.
- Copy of insurance policy.
- Certificate of liability policy.
- Insurance binder
Getting Pulled Over:
- If you’re pulled over by a police officer, you must show your proof of insurance, along with your driver’s license and car registration.
Violations, Fines & Penalties:
You are required to have proof of car insurance in the state of Alaska , if you are pulled over and cannot provide proof of insurance, or other forms of financial responsibility, you may face the following penalties:
- 90-day suspension of your license for first offense.
- 1-year suspension of your license for second offense.
- Vehicle may be impounded.
A SR22 may be required after a suspension in order to get your driver’s license reinstated. An SR22 certificate only certifies proof of insurance of minimum requirements, it is not insurance.
Credit Scores & Determining Your Insurance Premium :
All Alaskan drivers are required to have car insurance, however, insurance providers are reserved the right to deny coverage to high-risk drivers. Drivers unable to get private coverage can purchase insurance through the Alaska Auto Insurance Plan (AAIP).
Other factors that may be used to determine your premiums include:
- Driving record
- Marital status
- Make/model/year of your vehicle
- Your deductible
- The higher the deductible, the lower the premium.
Discounts : Yes
Discounts available in Alaska:
- Anti-theft device
- Good driver discount
- Good student discount
- Multi-car discount
- Homeowner’s discount
There is no cellphone ban in Alaska however, it is illegal to text while driving.
Disputes with your car insurance company can be addressed to the Alaskan Division of Insurance
- Online at: https://www.commerce.alaska.gov/web/ins/
- By mail:
Division of Insurance
Consumer Services Section
550 West 7th Avenue
Anchorage, AK 99501
Alaska Minimum Coverage Laws
Carriers in Alaska
Full Insurance Laws for Alaska