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.
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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.
Alaska
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.
SR22:
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:
- Age
- Credit
- Driving record
- Gender
- 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
Cellphone Use:
There is no cellphone ban in Alaska however, it is illegal to text while driving.
Consumer Complaints:
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
Suite 1560
Anchorage, AK 99501
Alaska Minimum Coverage Laws
Carriers in Alaska
Recent Quotes in Alaska
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Car Information: 2007, Hyundai, SonataDriver Information: 32, FMonthly Price: 142.3
Full Insurance Laws for Alaska
None