How much bodily injury coverage do I need in Alaska? This question is about Bodily Injury Liability Insurance

How much bodily injury coverage do I need in Alaska?

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This question is about Bodily Injury Liability Insurance

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@WalletHub • 07/12/21 This answer was first published on 07/12/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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In Alaska, you need $50,000 in bodily injury coverage per person ($100,000 per accident) if you purchase car insurance. Bodily injury liability coverage pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash. However, car insurance is not required in Alaska if you live in a remote area where vehicle registration is not mandatory.

Even though Alaska doesn’t always require car insurance, it’s always a good idea to purchase it anyway. Car insurance is an important way to protect yourself financially, since it can keep you from paying out of pocket for expenses resulting from injuries and property damage that you cause.

Drivers in state who do purchase insurance also need $25,000 in property damage liability insurance. For more information, check out WalletHub’s breakdown of how much car insurance you need in Alaska.

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How does car insurance work in Alaska?

Alaska is an at-fault state, which means that the at-fault driver is responsible for paying for everyone injured in the accident. There are no restrictions on the right to sue after an accident in at-fault states, even if the insured buys personal injury protection (PIP).

Drivers in Alaska are required to carry at least $50,000 in bodily injury liability insurance per person, up to $100,000 per accident, and $25,000 in property damage liability insurance. When an insured driver is...

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How much is car insurance in Alaska per month?

Car insurance in Alaska costs $39 per month or $470 per year for minimum coverage, on average. The cheapest car insurance companies in Alaska are Cincinnati Insurance, USAA, and Country Financial, and getting quotes from several companies can help you find the best deal.

The average cost of car insurance in Alaska is 14% lower than the national average auto insurance premium. There are several factors that affect how much you'll pay for car insurance in...

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Is uninsured motorist coverage required in Alaska?

No, uninsured motorist coverage is not required in Alaska, as drivers can reject the coverage in writing. Still, insurance companies are required to offer at least $50,000 in uninsured motorist bodily injury coverage per person (up to $100,000 per accident), as well as $25,000 in uninsured motorist property damage insurance per accident.

For Alaska drivers who do not opt out by rejecting the coverage in writing, uninsured/underinsured motorist coverage helps pay for a car...

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