Auto Insurance – Alaska requires auto insurance, protecting the public from uninsured drivers with both mandatory insurance laws and financial responsibility requirements. The laws provide the Division of Motor Vehicles (DMV) rights to remove drivers from the road for failure to maintain required coverage. Drivers responsible for car crashes must pay property damage and injury…
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Uninsured underinsured auto insurance protects you if you are in an accident with someone who does not have enough insurance to cover damages. Further, the coverage you purchase allows peace of mind if you are in any accidents. Nationally, around 13% of drivers do not have insurance. That equates to about one in eight drivers,…
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Alaska Insurance Requirements are important. Liability insurance is required in Alaska for all drivers. The minimum mandatory liability insurance coverage is $50,000/$100,000 for bodily injury or death and $25,000 for property damage. All drivers are responsible for maintaining insurance coverage. Alaska law enforces harsh penalties against drivers who don’t have required insurance. If you are…
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