Alaska Car Insurance
How to Get Auto Insurance in Alaska
Car insurance (or auto insurance, vehicle insurance) in Alaska is designed to absorb most of the financial burden when a driver is involved in a collision resulting in physical damage or property damage. Auto insurance in Alaska is required by law and there are hundreds of car insurance companies in Alaska to accommodate this requirement.
Mandatory Car Insurance in Alaska
The mandatory insurance statutes of Alaska declare that all owners of motor vehicles must own a liability car insurance policy. If a driver fails to provide proof of car insurance, the driver is likely to have his or her license suspended.
NOTE: if vehicle registration isn’t required, then neither is car insurance in some parts of Alaska. The only exception to this is a driver who has received a single ticket in violation of 6 points or more in the last five years must present liability insurance in Alaska.
The roof of car insurance must be in your car at all times. If you are pulled over, you must provide law enforcement your car insurance. If you fail to do so, your vehicle might be impounded in addition to your license suspended, and you may face heavy fines. The only way to get yout license back is to buy liability car insurance and present it to an authority at the Anchorage Police Department. They will begin the procedures for obtaining you car and license.
Alaska car insurance has the highest deductibles in the nation!
This means you can spend LESS and get MORE!
Minimum Liability Coverage in Alaska
By law, the state of Alaska is required to provide the following minimum deductibles on car insurance for Alaska residents.
- $50,000 for bodily injury to one person in one accident
- $100,000 for bodily injury of two people, including yourself, to be split equally. If a third party is injured, whoever files the claim first get their car insurance claim, and if the rest of the money doesn’t cover the other victim, you may be sued.
- $25,000 for property damage in one accident
- Often, you will see this written as 50/100/25.
In fact, Alaska has the highest minimum deductibles in the nation. Compare Alaska’s rates to Florida and Louisiana (10/20/10) and you can see that these deductibles protect Alaskan drivers from much of the financial burden. You can always buy higher deductibles, but Alaska car insurance deductibles are already pretty good.
How do I get the Lowest Premiums on Car Insurance in Alaska?
The Alaska car insurance industry is compelled to provide you with competitive prices in order to retain customers and get new customers. Here are few simple steps you can do to ensure that you are getting the fairest prices for the car insurance you buy.
1. Shop around.
Get different quotes from online sources by entering your pertinent information. Typically, what you find online is the most up-to-date car insurance quote, based on the market at the time.
2. Use cheap quotes for leverage.
Present your cheap car insurance quote to your insurance company and see if they can match it. Your monthly premiums shouldn’t be unaffordable, and you car insurance company should be compelled to provide you with fair rates.
3. Consider discounts.
Ask your Alaska car insurance company for the following discounts:
- Good driver
- Good student
- Combined insurance policies
- Driver’s education classes
- Safety devices installed in vehicle
- … and more
