Alaska Car Insurance
Alaska Car Insurance
Alaska is one of the most expensive states for insurance premium rates because of a perceived high risk. For example, passengers are not prohibited from having open alcohol containers and there is no statewide ban on cellphone usage by drivers. Another contributing factor to higher insurance rates in Alaska is the weather conditions that add to the risk of accidents. Insurance companies there, like everywhere else, really, have a “the higher the risk, the higher the rate” policy.
Legal Requirement
The basic coverage is often referred to as 50/100/25 coverage.
Mandatory Minimum Liability Coverage
- Bodily Injury or Death Coverage Per Person – $50,000
- Bodily Injury or Death Coverage, Per Accident – $100,000
- Property Damage Per Occurrence – $25,000
Tort System
Tort System means that if an accident happens someone is liable and must be found at fault. The insurance company and person at fault is liable or responsible for paying the damages. This system varies in almost every state.
Discounts
You can also get discounts or ask the insurance company if they carry such discounts as:
- Safety features of your vehicle
- Safe driving record
- Multiple vehicle policy
Even though it is expensive to have auto insurance, just take note of how expensive it might be if you drive down a slippery road and cause an accident without insurance. You may spend thousands of dollars in just an instant; if you insure your car, you can save tons of money and have fewer worries. Of course no one wants to pay higher premium rates, so you can avail yourself of some discounts available in your state and get an online insurance quote to save on car insurance. So don’t delay…
