Alaska Auto Insurance
Requirements of Motorists under AK State Law
Everyone has an opinion about insurance. Some people
believe it is a conspiracy to con hardworking people out
of money. You can not imagine how much you need insurance
until you something happens that you were not prepared
Weather its a car accident, a flu, a fire,or a theft
these things happen all the time. You never know if or
when something might happen to you. Don't be caught off
guard by life's unpredictable events.
There are certain "requirements" that are applicable
to each state and varies accordingly. We have attempted
to compile all of the relevant information in to this
single resource to help visitors know what is expected
of them in regards to insurance.
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Car Insurance Requirements
Coverage Minimum - 50/100/25
Coverage Explanation - Car insurance
coverage in Alaska must provide a minimum of $50,000 for
injury liability for one person in an accident, $100,000
for all injuries in an accident, and $25,000 for property
damage in an accident.
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Important Alaska Auto
1. All vehicles registered or operated in AK are required
to be covered by a liability insurance policy.
2. Alaska law requires you to report to the police any
accident that results in death, injury, or damages of
$2,000 or more.
Important to Note:
Coverage is also provided for any person using your car
with your permission. Under Alaska auto insurance law,
the insurance company will also cover you and any family
member living with you when you are driving a vehicle
owned by someone else.
Alaska auto insurance law does not require that you purchase
uninsured motorists coverage, but your insurance company
is required to offer you, in writing, a variety of policy
Regardless of your liability limits, you may purchase
UM/UIM (underinsured/uninsured motorist) in amounts up
to $1,000,000/$2,000,000 for bodily injury and $25,000
for property damage. In accordance with Alaska auto insurance
law, if you do not want this coverage or if you want less
coverage than your liability limits, you must state this
If you do not refuse uninsured motorist coverage in writing,
it will automatically be added to your policy at the limits
of your liability coverage. If you reject this coverage
in writing, keep in mind that under Alaska auto insurance
law, your insurer does not have to offer it to you on
any renewal policy unless you request it.
Named Driver Exclusions
Before a company decides to insure you, it must consider
the driving records of all members of your household.
If one family member has a poor driving record, it could
affect the auto insurance premiums for the whole family.
Effective July 1, 1997, Alaska law gives the named insured
the right to specifically exclude a family member from
coverage under the insurance policy. This is referred
to as a named driver exclusion.
While it may be tempting to exclude a driver with a poor
driving record from your insurance policy in order to
reduce the premium (for example, if the driver is a student
away at college for a large portion of the year), it is
important that you be aware of the risks associated with
the exclusion. Once a driver is specifically excluded
from the insurance policy, any damages caused by that
driver will not be covered by the insurance company. In
the example above where a young driver is away at college,
excluding the student from the parents' insurance policy
means that the student could not drive the parents' car
while home on vacation without becoming an uninsured driver.
Similarly, the student would run the risk of being uninsured
while driving any other car, such as one belonging to
a friend. If an excluded driver drives without insurance,
they would not only be in violation of the law, they would
be exposing themselves and the named insured to a large,
Source: Alaska Division of Insurance
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