Alaska Auto Insurance Car Insurance Comparison

It may have been "The Last Frontier," but Alaska is a state that can't be ignored. Home to scenic parks that offer everything from diverse wildlife to goldmines, the 49th state is certainly a national treasure.

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. 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