Alaska Auto Insurance - (AK)

Alaska is a state with some of the toughest liability insurance laws on the state, with financial responsibility as well as mandatory insurance laws. The reason for these laws is to see to it that drivers and operators of motor vehicles using Alaskan highways and roads are financially covered for injury or that might be caused by collisions, as well as to limit or eliminate financially irresponsible drivers Alaskan roads.

Auto Insurance Regulations in Alaska

• Coverage must be maintained at all times: The mandatory laws in Alaska require the owner or driver of a vehicle to have liability insurance policy currently active and in place when the vehicle is being operated on a street, highway or public property.
• Minimum coverage required: The minimum coverage for liability insurance in Alaska is the highest in the country. They are $50,000 for injury or death to any person, and $100,000 for total injuries or deaths per accident, as well as $25,000 for property damage. The reason behind the high limits is simply to minimize the number of lawsuits that tend to follow accidents in those states where the minimum requirements are not sufficient to cover all of the damage or injury done.
• You are required to show proof of insurance: If you are involved in an accident, whether or not you are at fault, you must show proof of insurance that meets the minimum coverage amounts. You may also show proof by filling out a Certificate of Insurance form that will be available through the police officers at the accident scene.
• Failure to show proof of insurance: The DMV is required to suspend the license of anyone who does not have proof of liability coverage. The suspension will range from 90 days to as long as 1 year based on prior record or accidents. This suspension will happen even if you were not the one at deemed responsible for the accident.

As you can see, driving in Alaska without insurance is a risky proposition that carries with it extremely stiff penalties. As a result of these near-draconian measures, incident of lawsuits and under-insured/uninsured motorist accidents in Alaska is among the lowest in the nation.

Department Of Alaska
(AK) State Government That Regulates Auto Insurance:
Web Site: www.commerce.state.ak.us/insurance/
Email: insurance@commerce.state.ak.us

How To Contact Directly:
Anchorage:
Alaska Div. of Insurance
Robert B. Atwood Building
550 W. 7th Ave., Suite 1560
Anchorage, Alaska 99501-3567
Phone: 1-907-269-7900

Juneau:
Alaska Div. of Insurance
9th Floor State Office Bldg.
333 Willoughby Ave. 99801
Post Office Box 110805
Juneau, Alaska 99811-0805
Phone: 1-907-465-2515

Alaska (AK) Mandatory Auto Insurance Minimums

• Liability: 50/100/25 = Bodily Injury Individual/Bodily Injury Total Per Accident/Property Damage
• Regulations Regarding Proof of Insurance: Proof Required - If Stopped By Authorities When Driving
• Penalties For Not Carrying Mandatory Insurance: License suspension or revocation

How To File A Complaint About An Insurer:

How To File A Consumer Complaint About An Insurance Company With The Alaska Div. of Insurance
Online Consumer Complaint Guidelines