Alaska Car Insurance

In Alaska, car insurance is an important piece of financial security to carry. It protects you from the financial losses that can be incurred in case of automobile accidents involving property damage or personal injury. It is important to learn about and understand car insurance requirements and options, in order to make an informed and appropriate choice for your Alaska car insurance.

Alaska Auto Insurance Laws

In the state of Alaska, all drivers must have liability coverage on the cars they drive. The minimum amounts of coverage dictated by law are:

1. $50,000 bodily injury liability coverage per person per accident
2. $100,000 bodily injury liability coverage in total per accident
3. $25,000 property damage liability coverage per accident

These limits are higher than those mandated by many other states. However, these limits are still inadequate to cover real world circumstances in many cases. It is suggested to at least carry double these amounts to adequately protect yourself should the worst happen. Producers must also offer you uninsured/underinsured motorist coverage when you purchase auto insurance, but you do not have to carry it. If you refuse this coverage, you must do so in writing.

If your vehicle is financed, your lender will also require you to carry additional coverage that will protect your own vehicle as well. Liability coverage only covers the expenses of the other parties involved in an accident. You will need to produce proof of comprehensive insurance and collision insurance on your car for your finance company.

These types of coverage will help you pay for any losses that you incur as a result of an at-fault accident or other perils. Other types of coverage also exist but are not required, such as rental reimbursement, towing and labor charges, medical payments and more.

Ways to Find AK Car Insurance

In today’s economy everyone is looking for a way to save on their insurance costs. It is important to look for ways to do so without sacrificing coverage. Below are some helpful hints that will help you get the best rate possible on your Alaska car insurance.

• Put all vehicles in the same house on the same policy to earn a multi-vehicle discount.
• Get car and home insurance from the same company for a multi-line discount.
• Ask about discounts for good driving records, taking driver’s training courses and for being a certain age.
• Ask to have higher deductibles on your collision and comprehensive insurance coverage. This will mean lower yearly premiums.
• Ask for discounts for payment methods, good grades if you have a student driver and for being a member of certain groups.
• Drop collision and comprehensive coverage on older vehicles with lower book values.
• Before buying a new car, check the cost to insure it. There may be a big difference between the costs of insuring one car over another. This difference may be enough to change your choice of car.
• Be sure to buy a car that has safety devices which are factory installed, like anti-lock brakes, anti-theft devices and passive-restraint seatbelts. Having these will earn you valuable discounts on your insurance.
• Remember to drive prudently and take driver’s education whenever you can: following a ticket, when getting your license for the first time or when you get to a certain age.
• Ask your insurer if you have all the discounts that you possibly qualify for. Each company offers different discounts and some are for very obscure reasons. Be sure you have every one you can possibly get.

Top AK Car Insurance Companies

There is a variety of insurers offering car insurance coverage to Alaskans. Some of the ones offering Alaska car insurance include:

• Progressive
• Liberty Mutual
• GEICO
• Allstate
• State Farm

Before you make a final choice about which company to use, it is important to learn a little about them. You should check into the company’s financial stability, by finding out their rating with one of the independent insurance ratings companies like Standard and Poor’s, A.M. Best or Moody’s. You can also find out about their customer service record and complaints about them by doing a simple Internet search.

When you are ready to get an Alaska car insurance policy it is important to shop around. In fact every year at renewal time you should also shop around to be sure that your current insurer is still the best one for you. To shop around quickly and effectively, use a quote tool like the one at the top of this page. Simply input your zip code to get started and soon you’ll have a variety of quotes from top Alaska car insurance companies to compare and choose from.

Get started comparing Alaska auto insurance quotes today!