Auto Insurance Information In Alaska
Like virtually all states in the United States, Alaska requires its motorists to carry liability insurance. This means that if a driver caused an accident, regardless of the reason such as poor weather or driving under the influence, their auto insurance company will cover the medical expenses as well as the property damage repairs for the car their client has struck.
In Alaska, it is mandatory to have at least minimum required limits of 50/100/25. This translates to:
- $50,000 is given per person for injuries caused
- $100,000 per accident
- $25,000 for property damages
The minimum liability coverage will vary from state to state. However, it is advisable that you purchase more than the required minimum amount of coverage. Alaska follows a Tort system wherein one must be found at fault for causing an accident and that person’s auto insurance company is responsible for paying all damages.
Ideally, motorists need to purchase Uninsured/Underinsured Motorist Bodily Injury coverage in order to cover for any accidents caused by uninsured and/or underinsured driver. Although the state of Alaska do not impose this mandatorily, this coverage may become extremely useful once an accident has occurred.
The average car insurance premium in the state of Alaska is $1,960 in 2010 while the national average is around $1,578. If you want to get the most out of your money, it is best to shop around online to obtain better rates. The reason is that insurance companies segment their rates differently so the rates for each company will be different. What is expensive on one company is practically dirt cheap in another.
It is possible to shop around for the best rates while also getting the coverage you need. CarInsurance180 can help you save money on auto insurance in Alaska. Simply type in your zip code on our online form and you will be presented with affordable yet effective car insurance options. Because the average auto insurance premium in Alaska is down by 12% in 2010 than 2009, this is the perfect time to get low insurance rates. You could be saving thousands of dollars in Alaskan auto insurance today!
